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GoldMoney News Desk GoldMoney News Desk

GoldMoney News Desk's Opinion & Analysis.
Featured here: a complete archive of all posts and research produced by GoldMoney News Desk, including current material.
Turkey Aiming To Become Big Gold Producer By GoldMoney News Desk - Apr 03, 2012

Turkey is one of the Eurasian countries with great expectations about increasing gold production. According to experts, Turkey has 23 million troy ounces of the yellow stuff waiting to be mined. The...

Gold And Silver Prices Holding Above Important Support By GoldMoney News Desk - Mar 30, 2012

Gold and silver are holding above important support levels, despite selling pressure yesterday. The gold price moved back above $1,660 this morning, after flirting with $1,650. The silver...

Oil Price Fears Weighing On Sentiment By GoldMoney News Desk - Mar 29, 2012

Another day, and more oil price concerns. Iranian oil shipments are dropping in the face of western sanctions, with President Obama expected to confirm on Friday that sanctions aimed at cutting off...

Euro Zone Debt Crisis Far From Over By GoldMoney News Desk - Mar 28, 2012

Greece has slipped out of the news following the debt restructuring earlier this month, but The Wall Street Journal provides an update on the sorry state of the country. Despite losing more than...

Bernanke Lifts Gold Price Again By GoldMoney News Desk - Mar 27, 2012 1

Precious metal bulls have got used to being “saved” by Federal Reserve Chairman Ben Bernanke in recent years. Frequent spurts higher in the gold price often coincide with Bernanke...

Bullish Future For Mexican Silver Mining By GoldMoney News Desk - Mar 27, 2012

In an interview with The Gold Report, the Canadian gold and silver analyst Mike Kachanovsky, a.k.a. "Mexico Mike", stated that the precious metals bull market still has plenty of life left in it yet....

Black Swans On The Horizon By GoldMoney News Desk - Mar 26, 2012

An unexpected drop in US home sales for February and a weakening dollar supported the gold price on Friday, with the April Comex contract settling up 1.2% at $1,662.40 per troy ounce....

Zambia Prospering From Commodity Boom By GoldMoney News Desk - Mar 25, 2012

Among all African countries, Zambia is especially rich in natural resources and rare minerals. The country's so-called copper belt has very lucrative copper, zinc and cobalt mines that also produce...

Chinese Gold Buyers Here For The Long Haul By GoldMoney News Desk - Mar 23, 2012

Another painful day for precious metal holders yesterday – with talk of slowing growth in China and Europe still hurting stocks and commodities. The gold price broke decisively below...

Precious Metal Prices Weaken On China And Europe Concerns By GoldMoney News Desk - Mar 22, 2012

Growth concerns about China and Europe have stung markets again this morning – pushing the dollar back up towards 80 on the USDX and hurting precious metals. The gold price has fallen below...

Fed Trapped Between a Rock and a Hard Place By GoldMoney News Desk - Mar 21, 2012

The “China slowdown” meme dominated the economic news yesterday, leading to a sell-off in commodities and precious metals. The silver price in particular suffered – the metal...

Oil Price Gains Curtailed By Saudi Comments By GoldMoney News Desk - Mar 20, 2012

Silver and palladium were the top performers in the precious metals space again yesterday, with increasing market optimism and rising inflation expectations resulting in another solid day for...

Gold Price Below 200-Day Moving Average By GoldMoney News Desk - Mar 20, 2012

The gold price ended last week on a lacklustre note – buffeted by traders’ flight to equity markets amid further signs of improvement in the US economy and a cooling of economic tensions...

South African Gold Production Data Disappoints Again By GoldMoney News Desk - Mar 20, 2012

Once again investors at the commodity and precious metals markets are focusing on production in South Africa. According to Statistics South Africa (Stats SA) in January, gold production dropped 11.3%...

Gold/Silver Ratio Heading Lower By GoldMoney News Desk - Mar 18, 2012

Precious metals enjoyed a decent rebound yesterday, following the price dips on Wednesday. Gold rose to $1,648 at yesterday’s London PM Fix, having fallen below $1,640 earlier in the day, but...

Gold ETFs Thorn in the Eye of Indian Jewellery Traders By GoldMoney News Desk - Mar 18, 2012

In recent months Indian banks have launched a major advertising campaign to persuade Indians of the virtues of paper gold and silver products. It looks like this campaign is bearing fruit, as Indian...

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