PETALING JAYA: Gold lost some of its glitter over the past few days, plunging to its lowest in two years as investors ditched the precious metal on fears of central banks like Cyprus, and other weak eurozone economies selling some of their reserves. Gold prices, however, regained some ground yesterday. … Continue reading
Gold values could rise next week, at least within the current price range, said a majority of participants in the Kitco News Weekly Gold Survey. In the Kitco News Gold Survey, out of 36 participants, 23 responded this week. Of those 23 participants, 15 see prices up, while six see … Continue reading
Investing.com – Gold futures were little changed near a three-week low during European morning trade on Wednesday, amid concern central banks around the world may begin to scale back economic stimulus. An exit from the stimulus would deal a heavy blow to gold, which has thrived on demand from investors … Continue reading
Gold traders are the most bullish Gold traders are the most bullish since before the bear market began two months ago after a retreat in equities from an almost five-year high and a weakening dollar spurred demand for bullion. Nineteen analysts surveyed by Bloomberg expect prices to rise next week, … Continue reading
Gold futures spiked to the highest levels of the session on Monday, after data showed that the U.S. manufacturing sector contracted unexpectedly in May, underlining concerns over the U.S. economic recovery. On the Comex division of the New York Mercantile Exchange, gold futures for August delivery traded at USD1,401.25 a … Continue reading