by agm | Feb 9, 2012 | news
(Kitco News) – Supply problems are supporting the platinum group metals, and palladium could start to outpace platinum as that market is closer to seeing a balance between supply and demand, according to one precious metals strategist. Palladium has been lagging...
by agm | Feb 9, 2012 | news
Reuters) – Gold held steady above $1,730 an ounce on Thursday, after dropping about a percent in the previous session, as a surprisingly high China inflation number supported prices, while investors also focused on Greece’s debt talks for direction. Gold...
by agm | Feb 3, 2012 | news
Most survey participants in Kitco News’ Gold Survey are expecting gold prices to continue to climb next week, building on recent momentum. In the Kitco News Gold Survey, out of 32 participants, 24 responded this week. Of those 24 participants, 14 see prices up, while...
by agm | Feb 2, 2012 | news
As the U.S. government spends an unprecedented amount of money to fix the economy, there is an equally great need to raise the cash to pay for it. This is accomplished through borrowing, whereby Uncle Sam sells Treasury securities of varying maturity. For investors,...
by agm | Feb 2, 2012 | news
Gold, heading for the biggest January rally since 1983, may rise 33 percent further to a record $2,300 an ounce early next year, according to technical analysis by Ronald Stoeferle, a commodity analyst at Erste Group Bank. The precious metal closed above the 50-day...
by agm | Jan 26, 2012 | news
Kitco News) – Precious metals, paced by gold breaking $2,000 an ounce by the third quarter, should lead the commodity sector in 2012 with 20% gains by the end of the second quarter and up 21% for the entire year, Barclays Capital said Thursday. In a research...
