August 21, 2011

As gold reaches another record high in India doubts begin to creep in

Gold reached another peak in Saturday trading in India, the world's largest consumer of the precious metal, and is now within reach of the psychologically important level of 30,000 rupees.…

August 19, 2011

Backwardation possible if Chavez takes gold delivery

If President Hugo Chavez of Venezuela actually takes delivery of an estimated 10 metric tons of gold, there could be an unusual development of backwardation in the futures markets, says…

August 19, 2011

Inflows into gold ETFs rise

The worries about the financial markets are sending investors to Gold and the exchange-traded funds are seeing high inflows, says Commerzbank. The world's largest gold ETF, SPDR Gold Trust, registered…

August 19, 2011

Miners reel after Papua New Guinea ownership bombshell

In a surprise announcement Papua New Guinea on Friday introduced a plan to hand state ownership of mineral and energy resources to landowners, a move that may prove disastrous to…

August 19, 2011

Gold and silver continue meteoric rise

Despite a relatively stable day for stocks on Wall Street, gold futures continued its upward spiral on Friday trading above 1,850/oz after touching a new record high of $1,881/oz in…

August 19, 2011

Gold gets above $1800 as bad economic news piles on

Gold futures on the COMEX traded above $1,800/oz on Thursday as bad economic news continues to mount and market sentiment turns. On Thursday, the S&P/TSX Composite index fell nearly three…

August 19, 2011

Market Analysis: how to prepare for “economic depression”

The week of August 15 was one of the most volatile stock market performances in years. Negative news about the global economy, gloomy forecasts and mixed signals on the jobs…

August 19, 2011

Gold and silver market morning

In a remarkable day for gold, it closed up at $1,818 after touching $1,830 in New York. That was after a p.m. Fix of $1,824.00.

August 19, 2011

Gold overbought

Gold has enjoyed an amazing rally in recent weeks, catapulted higher by the extreme fear sparked by the sharp stock-market correction. Naturally such big and fast gains have led to…

August 19, 2011

‘The Zen of resource speculation’

Whenever gold and silver hit a correction, those are the times that try men’s souls. But they are also a classic case of making volatility our friend.