by agm | May 16, 2012 | news
Gold recovered from its lowest since late December on Wednesday, edging back into positive territory as U.S. stocks opened higher and after speculation Germany and France will act to keep Greece in the euro zone lifted the euro into the black. Spot gold was up 0.3...
by agm | May 8, 2012 | news
The price of gold took a slight dip in the wake of Europe’s election mayhem on Sunday. Regardless, there was a telling uptick in safe-haven demand for the metal. Look no further than Europe to realize why that might be. Europe is in tatters, to say the very least, and...
by agm | May 8, 2012 | news
Mainland China’s gold imports from Hong Kong surged more than sixfold in the first quarter, adding to signs that the country may displace India as the world’s largest consumer of the precious metal on an annual basis. Imports from Hong Kong were 135,529 kilograms...
by agm | May 6, 2012 | news
UAE. The latest US non-farm-payroll figures were released and 115,000 new Jobs have been created. The unemployment head line rate has been reduced to 8.1%. These numbers have been interpreted as disappointing, as the median expectation was looking for the creation of...
by agm | May 2, 2012 | news
Since the dramatic drops the silver market saw in May and September of last year, prices in the precious metals market have been suffering from an excess of negative sentiment. This adverse perception is weighing on metal prices and keeping investor demand at bay....
by agm | May 1, 2012 | news
On the night of November 22, 1910 a delegation of the nation’s leading financiers, led by Senator Nelson Aldrich, left New Jersey for a very secret ten day meeting on Jekyll Island, Georgia. After the Jekyll Island visit the National Monetary Commission wrote the...