US
UK
Spanish
Chinese
Japanese
Hong Kong
Canada
Australia
Korean
Deutsch
India
- Oil climbs back above $106 as Iran talks stall
- EU urges Greece to stay in euro, plans for possible exit
- Precious Metals Market Comments
- Weaker Euro Zone Economy Sends dollar Higher
- Hong Kong Shares Slip Further after Weak China Survey Data
- Gold (XAU/USD) MACD Signal: Buy at 1591.60 - Stop Loss at 1569.55
- Gold & Silver Long-Term Signal
- Precious Metals Market Comments
- Gold Pressured and Looking to Retest Range Support
- Bloomberg Interview GoldCore on Chinese and Global Gold Demand
Markets
From Gold May 24, 2012 07:37 pm
Precious Metals Market Comments
Today's June gold futures traded a $25.80 range including a high of $1577.70 and a low of $1551.90. Traders and investors alike ay have seen yesterday's massive price dip as an "bargain buying' opportunity in spite a stronger U.S Dollar and news that the European Debt crisis is putting a strain on Germany which is the strongest economy in the Euro region.
From Gold May 24, 2012 01:39 pm
EU urges Greece to stay in euro, plans for possible exit
European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms demanded under its bailout program.
From Gold May 24, 2012 01:36 pm
Weaker Euro Zone Economy Sends dollar Higher
The U.S. dollar climbed to a 20-month high and safe-haven German bonds set record low yields, after data showed Europe's economic woes intensifying as business confidence is undercut by talk of a Greek exit and slow progress in tackling the debt crisis.
From Gold May 24, 2012 01:34 pm
Oil climbs back above $106 as Iran talks stall
Brent crude oil rose above $106 per barrel on Thursday as reports of a hiccup in talks with Iran over its nuclear program balanced the effect of weak economic data from China and Europe.
From Gold May 24, 2012 01:29 pm
Hong Kong Shares Slip Further after Weak China Survey Data
Hong Kong shares closed at their lowest level in nearly five months after tepid results of a private survey on Chinese industry did little to tempt nervous investors back into the market.
From Gold May 23, 2012 03:48 pm
Gold Pressured and Looking to Retest Range Support
Our last gold update noted 1600 as a key pivot to monitor for the recovery form the 1530 range support. The market indeed held the rally from going above. As the 5/22 US session progresses, it is trading down below 1550. It seems poised to retest the range support.
From Gold May 23, 2012 12:12 pm
Gold (XAU/USD) MACD Signal: Buy at 1559.55- Stop Loss at 1551.55
Date: 23.05.2012 MACD Crossover at: 07:00 AM EST Signal: Buy Action: Market Order opened Stop Loss: 1551.55 Take Profit: When the next crossover of the MACD line and the signal line occurs.
From Gold May 23, 2012 08:26 am
Gold & Silver Long-Term Signal
Long time readers know that I have been and remain bullish on gold and gold stocks in the longer-term. However, the reasons why I believe gold and silver will perform well in the longer-term are a bit different than what many economists and pundits are expecting.
From Gold May 22, 2012 09:13 pm
European Stocks Boosted By Positive Outlook: Daily Markets Wrap
Comments regarding a rebound in the Chinese economy from the Organization for Economic Cooperation and Development lifted stocks earlier Tuesday and kept Asian and European bourses in the green. The comments came after Chinese Prime Minister Wen Jiabao said last weekend his government would focus more on growth than inflation.
From Gold May 21, 2012 08:09 pm
Precious Metals Market Comments
Gold Settles $3.20 Lower ... ($1588.70). Today's June Gold futures traded a very subdued $14.50 range. The day session was unable to breach the technical / psychological $1600.00 level and alternated between positive and negative territory most of the session. The possibility of Quantitative ea...
