The gold price is set for its largest one-day rise since mid-December, boosted by a rise in the euro against the dollar. Originally from Mineweb – Daily news headlines
Premiums for gold bars at 6-year high on Monday. Demand picked up for Indian and Chinese festive seasons. Physical buying further driven by protests in Egypt. Originally from Mineweb – Daily news headlines
Investors expect the Fed to prop up the economy through a resumption of quantitative easing took a toll on the dollar Originally from Mineweb – Daily news headlines
THE PRICE OF GOLD in wholesale dealing held flat Monday morning in London, easing down to $1226 an ounce as European stock markets rose but government bonds and traded commodities were also unchanged. "The Federal Reserve has begun to play with fire, the effects of which I doubt Bernanke fully appreciates," writes John Hussman of [...]
Poll of Central Bankers suggests they expect gold to outperform equities, bonds, currencies – and oil. If they aren’t selling gold it’s probably a good job that no-one wants to borrow it either. Originally from Mineweb – Daily news headlines
If the central bankers aren’t selling gold it’s probably a good job that no-one wants to borrow it either Originally from Mineweb – Daily news headlines
NEW YORK (TheStreet) – David Morgan, founder of Silver-Investor.com, expects gold’s downtrend to continue but argues that gold is the strongest precious metal with strong support around $1,100. Originally from TheStreet
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