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Gold is stuck in a channel between $1,575 and $1,600, with consolidation remaining the name of the game. Bulls were encouraged somewhat yesterday by talk from the presidents of the San Francisco,...
Somewhat counterintuitive action in the precious metals markets Thursday, with gold and silver coming under selling pressure despite news of easing from a trio of major central banks. As expected, the...
US markets are of course were closed yesterday for the 4th of July, but elsewhere in the world traders still went about their merry business. Gold and silver posted strong performances Tuesday on the...
Gold and silver prices surged on Friday on market hopes of a “breakthrough moment” in the eurozone debt crisis, following the conclusion of the latest European Council meeting in Brussels....
More so-so price action in precious metals over the last two days, with gold and silver still struggling for near-term direction in the face of continuing European political uncertainty. Trading...
According to a report published by the consulting firm Surbiton Associates, Australian gold production continued to drop in Q1 – for the third quarter in a row. During Q1 Australian gold...
We saw divergence yesterday between stocks and precious metals – with the former struggling as a result of more euro fears, while the latter rallied higher; the gold and silver selling at the...
Islamists claim power in Egyptian elections, and tensions between Syria and Turkey are on the rise following the Syrian military shooting down a Turkish fighter jet on Friday. As ZeroHedge notes,...
Weak economic data from the US and China has encouraged selling of stocks and commodities over the last 24 hours. Americans’ claims for unemployment benefits remained at essentially the same...
Down, up, and down again – so go precious metal prices since the release yesterday of the Federal Open Market Committee’s latest verdict on the near-term direction of US monetary policy....
European markets have been lifted following the formation of a new Greek government, alongside expectations that eurozone leaders are poised to announce a €750-billion bailout for Spain and...
Gold and silver prices have crept higher during Asian trading today, with the US Federal Reserve about to start a two-day Open Market Committee meeting that will provide important clues as to precious...
The central Asian country of Kyrgyzstan has enormous potential in terms of gold and copper production. But owing to corruption and a lack of government oversight of mines in the country, Kyrgyzstan's...
All was sunshine and happiness for a few short hours earlier this morning, following news that Greece’s conservative New Democracy party had won yesterday’s election, and will attempt to...
Stocks and commodities have rallied this morning on rumours that central banks are about to launch a coordinated market intervention following Sunday’s Greek election. Government bond yields...
Spanish 10-year sovereign bond yields have shot above 7% this morning, following rating agency Moody’s decision to cut the country’s credit rating to BAA3 from A3. This is one notch above...
After weeks of sailing on troubled waters, the silver market is giving mixed signals. Analysts are struggling to discern whether or not the metal will be able to consolidate above resistance at...