Stock markets and gold suffer a June to forget
£94bn wiped off the value of Britain's top 100 companies, while gold hit its lowest level for three years FTSE 100 at 28 June 2013. Source: Guardian/Thomson Reuters Leading shares suffered their worst...
View ArticleStocks waver in early trade
Australia’s share market has opened marginally higher as upbeat American employment and home sales data adds a small bounce. In morning trade, he benchmark S&P/ASX200 index was up 7.3 points, or...
View ArticleDid Bernanke Signal Return of Risk-Off Market?
Here’s how I opened my Bloomberg View column in January: “I have structured my investment themes for 2013 in two ways. The first is geared toward the current ‘risk on’ climate, even though I doubt it...
View ArticleUS Stocks the Best in Show This Year
U.S. stocks are having their best start to the year in more than a decade, well outperforming bonds, commodities, and global equities in the first half of 2013. The S&P 500 is up more than 12...
View ArticlePrice slide whacks gold miners
Steep fall ... the gold price over the past three years. Gold plunges: 'nobody wants it' Kingsgate writes down gold mine Just when the gold sector was getting used to life under ‘‘the new normal’’,...
View ArticleGold catalyst for overall market declines
Technically, gold had been in a weakened condition since its high in 2011. Without delving into the minutiae of a price chart analyst, when I saw a gold chart, I saw the end of a long bull run...
View ArticleCommodities
NEW YORK/LONDON: Gold surged more than 2 per cent on Friday on end-of-quarter short-covering, but bullion still posted its largest quarterly loss in at least 45 years due to selling amid fears the US...
View ArticleGold Bugged: Contrarians Not Ready to Give Up Yet
Gold bugs, meet your falling knife. With the metal hitting a succession of three-year lows recently, its proponents find themselves trying to catch the proverbial plunging dagger that comes with a...
View ArticleGold drops to 34-month low on Fed view
Gold plunged to a 34-month low, set for a record quarterly drop, as improving US economic data strengthened the case for the Federal Reserve to reduce stimulus. Silver futures fell to the lowest since...
View ArticleGold Demand Is Stronger Than You May Have Heard
Precious metals fell for the fifth time in the last six weeks as a host of short-term factors have emerged to pressure gold and silver prices, notably a renewed "flight to safety" that has sent the...
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 ArticleSoros Sees Gold Prices on Brink of Bear Market
Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market. George Soros, the billionaire who two years ago called...
View ArticleGold lifts from 1-month low
Gold prices firmed on Tuesday, recovering some lost ground from a one-month low in the previous session, as a weaker dollar, stronger stock markets and lower prices tempted buyers back to the metal....
View ArticleIndian Funds Best Gold Deal as Producers Trail: Riskless Return
As investors from George Soros to John Paulson snapped up bullion amid a decade-long rally, the best gold investment of the past two years was found in India, where funds tracking the metal surged...
View ArticleGold eases on Italy, Greece debt worries
Gold fell almost 2% on Thursday as worries about a disordered bankruptcy in Greece and a deepening debt crisis in Italy weighed on market sentiment and pushed investors to liquidate commodity assets,...
View ArticleGold dives 2% in wake of Federal Reserve comments
LONDON — Gold fell 2% to a four-and-a-half-month low on Friday after minutes from the US Federal Reserve highlighted increasing concern about its highly stimulative monetary policy, knocking stock...
View ArticleGold falls 1% on oil slide, economic worries
NEW YORK: Gold fell 1 per cent on Monday for its biggest one-day loss in over a month, succumbing to selling that hit most commodities on worries over economic growth and a European debt crisis....
View ArticleUPDATE 1-Paulson adds to gold pile for first time since 2009
* Paulson increases SPDR Gold Trust by 26.1 pct in Q2 * Gambit results in paper gain of over $580 million * Eton Park sold out GLD stake * Soros more than doubled stake, Third Point trimmed By Frank...
View ArticleGold set for biggest weekly rise since 2008
Gold was set for its biggest one-week rise since late 2008 on Friday after a raft of soft economic data battered stock markets, though prices eased from record highs as equity markets and the euro...
View ArticleGold recovers from one-month low
LONDON — Gold prices firmed on Tuesday, recovering some lost ground from a one-month low in the previous session, as a weaker dollar, stronger stock markets and lower prices tempted buyers back to the...
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