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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...
Up, down, and back up again: that about sums up the action in the gold and silver markets last week, though neither bulls nor bears were strong enough to move the gold price out of its trading...
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...
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...
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...
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...
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....
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....
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...
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...
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...
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...
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...
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...
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%...
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...
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...