by agm | Oct 17, 2011 | news
(Kitco News) – Mon Oct 17—Comex December gold futures are consolidating near unchanged levels as the market edges toward its highest level since Sept. 23. While gold has been coiling modestly higher over the past several weeks in a triangle-like type of pattern,...
by agm | Oct 16, 2011 | news
In the Kitco News Gold Survey, out of 34 participants, 25 responded this week. Of those 25 participants, 21 see prices up, while three see prices down and one sees prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures...
by agm | Oct 14, 2011 | news
UBS AG (UBSN), Lloyds Banking Group Plc (LLOY) and Royal Bank of Scotland Group Plc (RBS) had long-term issuer default grades cut by Fitch Ratings, which put more than a dozen other lenders on watch negative as part of a global review. UBS’s long-term issuer default...
by agm | Oct 11, 2011 | news
HONG KONG (MarketWatch) — Gold futures edged higher in Asian trading hours on Tuesday, with investors more inclined to add exposure amid signs the precious metals sector is beginning a new price advance following a multi-week period of stabilization. Gold for...
by agm | Oct 3, 2011 | news
(Kitco News) – Comex December gold futures prices are trading sharply higher early Monday, on bargain-hunting and safe-haven buying interest following recent strong selling pressure and amid the festering European Union sovereign debt crisis. December gold last...
by agm | Sep 30, 2011 | news
The majority of participants in the Kitco News Gold Survey expect to see higher prices next week, but those who see weaker or prices unchanged were equally divided, as the gold market continues to try and heal after the recent sharp break in prices. In the Kitco News...
by agm | Sep 26, 2011 | news
With gold and silver prices declining along with global stock markets, today King World News interviewed Peter Schiff, CEO of Europacific Capital. When asked if the downdraft in the metals reminded him of 2008, Schiff replied, “Yeah it does, it is definitely...
by agm | Sep 25, 2011 | news
Now this is a correction. In the space of three days gold is off 10% and silver 25%. What’s happening? Two things: First, you don’t get this kind of run without this kind of correction. When something soars, the number of people with huge embedded profits eventually...
by agm | Sep 20, 2011 | news
Gold will probably top $2,000 an ounce by year-end amid surging investor demand, a Bloomberg survey showed. Prices will rise to a peak of $2,038 before Dec. 31, based on the average of 16 respondents in a Bloomberg survey at the London Bullion Market Association’s...
by agm | Sep 19, 2011 | news
Gold, platinum and Brent oil will lead gains in commodities as investors seek to protect their assets and shortages emerge, according to Tony Hall, the hedge- fund manager who earned 33 percent for his clients this year. Gold may climb 21 percent to a record $2,200 an...
