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Another tough day for precious metals yesterday, with gold, silver, platinum and palladium hit hard by hedge funds’ flight from equities and commodities. Concerns that Greece is on the verge of...
The fallout from the weekend’s European elections continues, with leftist politicians in Greece now attempting to form a new “anti-austerity” coalition government, with one...
Gold and silver prices help up fairly well at the end of last week, considering the washout in equities and the broader commodity complex on Friday, following disappointing US nonfarm payroll numbers....
In recent weeks the platinum price has been clearly underperforming in relation to gold, with gold now more than $100 more expensive than platinum. According to the latest report from the German...
The European Central Bank’s decision to leave interest rates unchanged at 1% pushed more traders out of commodities, with precious metals coming under more selling pressure following the news....
Mario Draghi, the head of the European Central Bank, is in Barcelona today and the ECB will announce its latest decision on interest rates later today. Analysts expect the bank of maintain rates at...
Last week the company Planetary Resources held a press conference to discuss whether the production of precious metals on Near Earth Asteroids might soon become a reality.Analysts, commodity producers...
The Dow Jones Industrial average closed at 13279.32 yesterday – the highest close since December 31, 2007. It’s an old Wall Street adage that “selling in May” is a good idea,...
The gold price was basically flat over the course of yesterday, starting the session just above $1,660, and finishing just above $1,660. Of note though was a large sell-off at the beginning of...
Missouri is the latest U.S. state looking to follow Utah's example by allowing physical gold and silver to be used as legal tender. According to the American Constitution, gold and silver coins --...
Gold and silver had a good finish to the end of last week, with the gold price settling at $1,664 – comfortably above selling resistance that has capped the price at $1,650 in recent weeks. It...
The Silver Institute's "World Silver Survey 2012" report hasn’t surprised investors and market participants. Silver mining output hit record highs last year, while silver demand from end users...
European governments are collapsing left right and centre, Standard & Poor’s have just downgraded Spain’s credit rating by two notches, and new data out this morning shows that close...
“Steady as she goes” was the message from Federal Reserve Chairman Ben Bernanke during a press conference yesterday following the Fed’s latest Open Market Committee meeting. Though...
Bashar al-Assad's Syrian regime is under increasing financial pressure as the economic sanctions imposed by western states and some Arab nations are hurting the country. According to Western...
Disappointing new unemployment benefits and housing data from the US cast a shadow over markets yesterday, underscoring the still fragile nature of the US economy. Sales of previously owned US homes...
Another quiet day for precious metals yesterday. Gold continues to face resistance at and around $1,650, while silver remains holed below $32. The most actively traded Comex gold contract, June,...