Japan’s Stimulative Measures Help Precious Metals
Gold and silver rallied on speculations that the new Japan’s government will take measures to stimulate the nation’s economy. Prime Minister Shinzo Abe was calling for a long time for more...
View ArticleGold Erases Gains as Fear Returns to Markets
Gold was rallying on the first trading day of this year, extending its advance to three consecutive sessions. Yet it completely failed on the second day, wiping out the whole rally. Traders were...
View ArticleDemand for Gold Still High
Gold rallied today on sings of increasing demand from China. Other precious metals also advanced. Consumption in other countries shows signs of an increase too as Japan’s pension funds more than...
View ArticleECB Boosts Precious Metals, Gold & Silver Retreat
Precious metals rallied yesterday after the European Central Bank left its monetary policy unchanged. Gold and silver paused the advance today, but platinum and palladium extended the rally. Some...
View ArticleGold & Silver Rally on Anticipation of QE from BoJ
Gold rallied today, trading near the highest level in a month. Silver also gained, heading to the longest rally in a year. The metals advanced on expectations of quantitative easing (QE) in Japan. The...
View ArticleGold & Silver Drop amid Reduced Demand for Safety
Gold declined and silver tumbled today as good macroeconomic data from Germany reinforced the positive outlook for global growth. The Ifo Business Climate Index for Germany advanced from 102.4 in...
View ArticleGood US Data Results in Rally of Precious Metals
Precious metals rallied today as positive data from the United States spurred talks that stimulus from the Federal Reserve may bolster economic growth and inflation, increasing demand for the metals as...
View ArticleSilver Falls as Gold & Palladium Rally, Platinum at 17-Week High
Platinum rallied to the highest level in 17 weeks today as supply from Anglo American Platinum Ltd. decreased. Gold and palladium also advanced, while silver fell. Anglo American, the biggest platinum...
View ArticlePlatinum at 16-Month Record on Supply Concerns
Platinum rallied today, reaching the 16-month high, on concerns that supply will fall, while demand is likely to pick up. Gold followed in gains, while silver and palladium retreated. Anglo American...
View ArticlePrecious Metals Gain, Platinum Especially Strong
Gold rallied today on speculations that the previous drop made the precious metal cheap enough to become attractive to investors. The metal has lost 3.4 percent last week as signs of global economic...
View ArticleFalling Eurozone Employment Boosts Gold, Weakens Silver
Gold rallied today, while silver declined, as falling employment in Europe made traders prefer safer assets. The number of employed people in the eurozone fell 0.3 percent last quarter from the...
View ArticleDescending Triangle Pattern on Weekly Silver Chart Suggests Continuation of Drop
Silver is falling, following other precious metals, including gold, and the descending triangle pattern, which formed on the weekly chart, suggests that the drop should continue. The pattern indicated...
View ArticleGold Posts Record Drop in 33 Years, Silver Also Suffers
Gold continued to fall today after yesterday’s drop, which was biggest daily drop since 1980. Other metals followed in decline. The drop was caused by the report that showed unexpected slowdown of...
View Article
More Pages to Explore .....