This Week's Most Popular Gold News
- #1 Gold Decreases, What Does it Mean for Mining Companies?That was until it reached its peak in September 2011 at more than $1,900 an ounce. Compare that to April 15th when prices of gold came crashing down to less than $1,400 an ounce and you’ve got yourself a predicament. Jared Baker, the head of commodities sales in Asia for Credit Suisse explained, “…this dramatic fall is causing a strategic rethink read more...
- #2 Gold Trying for RecoveryGold rose on Tuesday for the first time in four sessions, aided by a softer dollar, but persistent outflows from exchange-traded funds reflected investors' waning interest in the metal as a safe haven. read more...
- #3 Gold Prices Continue to FallGold is still in trouble as it continues to fall. This morning gold prices are down $12.61 to $1,413.60 an ounce sparking investors to worry that the downward trend will continue. This hasn’t been gold’s month or really even its year. Just one month ago prices of gold tumbled to under $1,400 an ounce, a two-year low that sent analysts, investors, read more...
- #4 Morning Gold Market ReportCompiled 05/15/13 6:00 AM (CT) Statistics: London Gold AM Fix $1,412.25, -$22.25 LME Copper Stocks 627,525 tons +8,825 tons. GOLD MARKET FUNDAMENTALS: (6:00 AM CST) With the fresh new low for the move in June gold overnight, the gold market has now reached down to... read more...
- #5 Disconnectedness; Gold, Equities and the Real EconomyThe U.S. Comex gold futures fell 0.84 percent this week after falling 1.88 percent last week. In contrast, the Dollar Index climbed 0.54 percent after climbing 1.24 percent the week before. The S&P 500 Index surged 1.02 percent while the Euro Stoxx 50 index rose 0.... read more...
- #6 Gold Regains a Little GroundGold inched up after dropping for four straight sessions, as outflows from exchange-traded funds halted, but firm equities could lure away investors seeking better returns and keep a lid on bullion's gains. read more...
- #7 Gold Inches to a All New LowIt’s bad news for gold this morning as prices are down yet again. With gold prices at $1,383 an ounce, gold has hit a new month low. Many investors are worried and selling their shares like hotcakes in case gold stocks fall further. Tim Riddell, the head of ANZ Global Markets Research in Asia states, “The recent stronger profile of the U.S. dollar read more...
- #8 Gold Market Recap ReportThe bear camp continued to exert control over gold prices today. In fact, the bear camp seemed to have a number of bearish arguments in its favor today.... read more...
- #9 Morning Gold Market ReportCompiled 05/13/13 6:00 AM (CT) Statistics: London Gold AM Fix $1,429.75, -$19.50 LME Copper Stocks 606,700 tons +2,450 tons. GOLD MARKET FUNDAMENTALS: (6:00 AM CST) While June gold was able to hold up above the Friday low in the early trade, prices were under some... read more...
- #10 Mine Collapses in Indonesia, Killing 3It saddens us to report that three miners were killed after a tunnel collapsed at Freeport-McMoRan Copper & Gold Inc. in Indonesia. An official for the mine stated that 40 people were inside the tunnel when it collapsed and rescue efforts are in the process of freeing the remaining miners. So far three have escaped and for have been rescued, needed read more...
