METALS OUTLOOK: Gold Market Looking Ahead To Second Quarter

If gold prices can hold near where they ended this week, the yellow metal may be able to rebound next week to start off the second quarter on a firmer foot, market participants said. Prices were higher on Friday and on the week. The most-active June gold contract on...

Goldman: Buy Gold, it’s ‘Too Low’

Goldman Sachs and other big banks are setting their sights on a bull run for gold in lieu of presently depressed prices. Commodities analysts at Goldman Sachs are telling traders to buy gold now because of the sharp gold-price decline in the wake of declining U.S....

PRECIOUS-Gold extends losses after U.S. data

Gold prices fell towards $1,670 an ounce on Wednesday, extending the previous day’s retreat from a two-week peak, after data showing a smaller-than-expected rise in new U.S. manufactured goods orders lifted the dollar to session highs versus the euro. Momentum...

Bernanke boosts gold, silver

On Monday, Federal Reserve Chairman Ben Bernanke delivered a speech at the National Association for Business Economics spring conference in Virginia that ignited financial markets. Bernanke noted some positive signs in the job market but remained cautious about the...

Pimco’s Gross Says Fed May ‘Hint’ at QE3 at April Meeting

Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., said the Federal Reserve will probably signal it plans to arrange a third round of debt purchases when policy makers meet in April. While Fed officials upgraded the outlook for...