by agm | Jan 13, 2012 | news
The recent correction in gold has once again led, to financial commentators warning of a bubble—just as they have incessantly since it first passed $400 an ounce. A bubble usually ends with day after day of speculative higher highs, not corrections like we have...
by agm | Jan 13, 2012 | news
Generally speaking, Stephen Briggs, senior metals strategist with BNP Paribas, says precious metals will trade higher in 2012. Gold specifically is expected to make some bold moves and stretch to further historic highs due to unstable economic conditions across the...
by agm | Jan 9, 2012 | news
Goldman Sachs Group Inc. (GS) is staying “overweight” on commodities as a rebound in demand revives speculation of shortages, with gold a favorite for 2012 as investors seek a hedge against Europe’s debt crisis. Gold futures traded on the Comex in New York may climb...
by agm | Jan 2, 2012 | news
Gold and silver gained after reports that Iran produced its first nuclear fuel rod, spurring investors to buy the precious metal as a haven. Gold for immediate delivery advanced 0.2 percent to $1,566.37 an ounce at 5:32 p.m. in London. Silver was 0.1 percent higher at...
