The PRICE of gold fell hard Thursday lunchtime in London, giving back all of yesterday's sudden 3.1% jump to trade back at $1223 per ounce after stronger-than-expected US economic and jobs data.
JUMPING to $1229 per ounce in London trade Wednesday, gold defied analyst expectations and reversed earlier 1% losses after stronger-than-expected US jobs data.
I still remember December 2012 and how petrified CNBC was trying to make people of the fiscal cliff.
A disclaimer: I am long and/or trading several regular ‘bull stocks’ (as well as short a couple). Don’t interpret the sober message below as a ‘sell your stocks right now!’ style bearish warning. Indeed, after an expected choppy start...
WHOLESALE London prices for gold pushed higher in quiet trade Friday morning, on course for the largest November drop since 1978 in US Dollar terms.
Silver led with a gain of 2.5% followed by gold at 1.9%
TICKERS: CXO, GQC, MRZ, MUN, RMC, ROG, SMN, SVL; SVLC, TGM Source: Kevin Michael Grace of The Gold Report (11/27/13) As the price of gold rose upward, junior miners chased ounces at all costs. This was a huge mistake, says Eric...
LAST WEEK's losses of 3.6% in gold were extended Monday morning, with silver also falling again as world stock markets rose yet again.
Based on the November 22nd, 2013 Premium Update. Visit our archives for more gold & silver articles. In our latest free essay, we focused on silver. We wrote: “the outlook for silver remains bearish and further declines should not...
LONDON dealing in gold saw prices retreat towards last night's new 4-month lows Thursday morning, failing to rally above $1250 per ounce as world stocks markets held flat – and major