GoldMoney News Desk

Yesterday was another miserable day for the euro, with the EUR/USD falling to a new 22-month low at $1.2531, while the Dollar Index hit a 20-month high of 82.41 before settling at 82.35 (up 0.31% for...

Gold hit an intra-day low close to $1,530 yesterday, but has since staged a decent recovery above $1,550. Increasing deflation expectations are making it tough for silver to move back above $28. WSJ...

In recent months the Swiss National Bank (SNB) has been facing growing criticism as a result of its attempts to suppress the value of the Swiss franc. The SNB has been buying euros in an effort to...

Another rough day for precious metals and commodities yesterday, with the Organisation for Economic Cooperation and Development predicting a fall in global growth and arguments flaring between...

At the beginning of this year investors were optimistic about platinum price increases, but have suffered some disappointment lately. August of 2011 saw the white metal trading at over $1,900 per...

Precious metals are still struggling to gain ground in the face of persistent fears about the eurozone and the threat of a 2008-style market meltdown. The CFTC’s latest Commitments of Traders...

Last week was a week of two halves as far as precious metals were concerned. The first half a dire one for bulls, but the second seeing new buyers tempted into the market, with Thursday’s...

The price of gold has bounced back in some fashion over the last 24 hours, hurtling back above $1,550 and now probing the $1,600 mark. Silver is also on a tear and is back trading around $28.50. One...

In recent weeks pressure has been building on the German Bundesbank after the tabloid newspaper Bild started a media campaign questioning the location of Germany’s gold reserves. The...

Ghana is one of the most resource-rich countries in West Africa, and is especially well-endowed as far as gold is concerned. After the abolition of apartheid, South African mining companies in...

With the economic situation in Greece becoming more fraught by the day, The Wall Street Journal reports that Greek depositors withdrew 700 million euros from the country’s banks on Monday, with...

Precious metals sold off again Monday, but staged a small recovery Tuesday morning – buoyed by news that the eurozone economy as a whole is avoiding slipping back into recession, with 0% GDP...

Gold priced in Nepalese rupees hit a new record high per troy ounce earlier this month, at 56,000 Nepalese rupees per tola. After neighbouring India recently announced a rise in its gold import taxes...

Greek politicians’ failure to form a new coalition government over the weekend has increased chatter about the prospect of Greece ditching the euro. Senior politicians and central bankers are...

Deflation fears are once again becoming the dominant emotion in the minds of traders, with banking difficulties on both sides of the Atlantic and continuing weakness in precious metals and...

The market sell-off continued yesterday, with European political uncertainty continuing to dominate headlines. Spain has nationalised the crippled lender Bankia, while Greece is moving closer to...