Gold Miners Trade Like Junk as Bullion Sinks Below $1,200
Barrick Gold Corp. (ABX) and Kinross Gold Corp. (K) are trading as if they’ve lost their investment-grade ratings after the price of the metal plunged 28 percent this year to the lowest since August...
View ArticleGold Traders Split as Rout Resumes in Bear Market: Commodities
Gold traders are divided on the outlook for prices, with some judging that the slump to a 34-month low following the Federal Reserve’s comments on tapering stimulus will spur demand for coins and...
View ArticleGold trades near 34-month low
London - Gold traded near a 34-month low in London as the worst quarterly slump in at least nine decades following the Federal Reserve’s comments on tapering stimulus may spur more physical demand....
View ArticleGold eases as well-received US data lifts dollar
LONDON — Gold eased on Tuesday as positive US housing and consumer confidence data lifted the dollar, and as speculation that the Federal Reserve is set to wind down its monetary stimulus programme...
View ArticleGold firms as China’s comments lift financial markets
LONDON — Gold rose on Tuesday as comments from China calmed concern about a credit crunch there, taking pressure off commodities and equities, but the prospect of an end to US Federal Reserve easing...
View ArticleGold firms as China comments lift markets
London - Gold rose on Tuesday as comments from China calmed concerns about a credit crunch there, taking pressure off commodities and equities, but the prospect of an end to US Federal Reserve easing...
View ArticlePRECIOUS-Gold firms as China comments lift financial markets
* Gold edges higher as commodities, equities rebound * Largest physical gold fund reports 4.2 T outflow * Silver, platinum, palladium outperform (Updates throughout, changes dateline from SINGAPORE)...
View ArticleGold's Decline Is Feeding on Itself, Pros Say
Gold prices, now at a three-year low, could continue to get hammered as investors reshape their views of the precious metal. Forecasts for $1,000 an ounce gold sound much less far-fetched than they...
View ArticleGold plunges below $1,200 to hit three-year low
Gold has plunged to its lowest level in three years on signs US quantitative easing (QE) is drawing to close. The precious metal has been under pressure ever since Federal Reserve chairman Ben...
View ArticleMarkets Live: ASX higher for third day
10:15am: The Australian share market has opened a quarter of a per cent higher. The benchmark S&P/ASX200 index was up 13.1 points, or .027 per cent, at 4,824.4, while the broader All Ordinaries...
View ArticleAnalyst Favorites of the Metals Titans: B2Gold Ranks As a Top Pick
A study of analyst recommendations at the major brokerages shows that B2Gold Corp (NYSE: BTG) is the #2 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining...
View Article3 Stocks Of David Einhorn Trading At Their 52-Week Low Price
David Einhorn is a value-oriented investor who consistently mentions price and valuation when discussing his holdings. In the first quarter, his Greenlight Capital funds returned 5.8%, as opposed to...
View ArticleUPDATE 1-GAM Holding to launch physically backed base metals funds
* Metals to be stored in Trafigura's warehousing unit * News likely to stir debate over impact on prices, supplies * Two copper ETFs planned in U.S. By Emma Farge and Josephine Mason GENEVA/NEW YORK,...
View ArticleCrunch Time
In the months leading up to last week's liquidity crunch, in which the cost of short-term loans in China spiked and roiled global markets, most financial institutions had been lowering their growth...
View ArticleMarkets Live: Back to normal
12:34pm: China's one-week cash rate has dropped to its lowest since before last week's sharp credit squeeze, with banks having little trouble securing funds to meet their end-of-quarter requirements....
View ArticleMarkets Live: 'Goldenfreude' as metal sinks
11:50am: We've looked at some of the best and worst performing members on the ASX50 and ASX200 in previous posts. So what about the sectors that performed, or didn't perform, over the past year?...
View ArticleGold buyers still out in force, despite ongoing price falls
Chinese investors have continued their buying frenzy for gold as the price of the precious metal headed for $1,200 per ounce. But analysts have warned that gold's price volatility is expected to...
View ArticleGold buyers still buying, despite price falls
Gold ornaments are arranged for display at a store in Huaibei, Anhui province, on Friday. With gold prices continuing to slump, a steady number of investors are still increasing their gold holdings in...
View ArticleP.M. Kitco Roundup: Gold Drops to Nearly 3-Year Low in Strong Sell-Off Late;...
(Kitco News) - Comex gold futures prices dropped sharply in late U.S. trading Thursday and hit another fresh nearly three-year low below $1,200.00. Pre-placed sell stop orders were triggered on the...
View ArticlePRECIOUS-Gold sinks below $1,200 for first time in nearly 3 years
* Gold slides even as other commodities rise * Analysts cite liquidation, quarter-end book squaring * Bullion set for biggest quarterly drop since at least 1968 * Coming up: U.S. Reuters/UMich index...
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