Precious Metals Steady as China Spurns Euro Debt, Greece Warned on Euro Exit

May 10, 2012

WHOLESALE MARKET prices to buy gold and silver repeated yesterday's rally in London trade after a slight drop Thursday morning, rising back above $1594 and $29.30 per ounce respectively as platinum and palladium also stemmed this week's sharp drops.

“Bearish” Gold Hits 4-Month Low as Markets Fear Greek “Knock-On Effects”

May 09, 2012

SPOT MARKET gold bullion prices fell to their lowest level in four months during Wednesday morning's London trading, hitting $1581 an ounce – 3.7% down on the week so far – while European stock markets and commodities also fell...

Silver Falls to Lowest Since January, China and India Could Offer “Key Support” for Gold

May 08, 2012

WHOLESALE MARKET gold prices fell to $1625 an ounce during Tuesday morning's London trading – their lowest level in over a fortnight – as stocks and commodities also ticked lower and the Dollar extended recent gains, with markets still...

GOLD IS AT, OR VERY NEAR A LONG TERM BOTTOM

May 07, 2012

I doubt anyone was surprised by the reversal in the dollar index today.

Keeping the Decline in Gold Stocks in Perspective

May 07, 2012

As the gold stocks continue to fall to new lows and struggle to find a bottom, it is important to keep things in perspective. Before we get to the visual comparison with the 1960s and 1970s, we want to...

Keynes, the closet gold bug

May 04, 2012

In his 1923 book ‘A Tract on Monetary Reform’, John Maynard Keynes famously wrote ‘In truth, the gold standard is already a barbarous relic.’

Juniors vs. Senior Mining Stocks

May 04, 2012

One of the questions that we receive on a regular basis is whether one should invest in junior or senior mining stocks.

Gold Rallies Following Disappointing Nonfarm Jobs Data, Gold in Pounds Touches Lowest Level This Year, Fed Interest Rates “Too Low” by Taylor Rule

May 04, 2012

U.S. DOLLAR gold prices rallied to $1640 an ounce Friday, following the release of disappointing US nonfarm jobs data, though they remained more than 1% down on last Friday's close.

The Most Boring Gold Market Ever?

May 03, 2012

We've just had the quietest 40 days since the financial crisis began...

Gold “Lackluster” in “Calm Before Storm” as Record-High Rupee Prices Boost Indian Speculation, Dent Physical Demand

May 03, 2012

THE PRICE OF GOLD in wholesale trading slipped to a new 1-week low at $1640 per ounce in London on Thursdayb as the US Dollar rose and crude oil slipped again.