The European Central Bank (ECB) leaves the key interest rate unchanged at 0.75 per cent.

Gold jewelry will be much cheaper in a few months, precisely in the summer, as some forecast the price of gold will decline to $1200-$1300 per ounce.

The monthly US Producer Price Index (PPI) for the month of June 2012 rose 0.1 per cent. The median expectation from analysts was an increase of 0.4 per cent.

Sooner or later shortage in physical silver will trigger a price move up.

Print Post Email Post Last week, with the exception of Friday, spot gold prices sustained losses. Despite the rebound on Friday, the yellow metal headed for a weekly decline after posting gains in the two weeks prior. However, talks of unleashing a $1....