Tag Archives: bullion coins

Comex Gold Eases With Traders Cautious For Now

Comex Gold Eases With Traders Cautious For Now Comex gold has a softer tone in the early going, with traders tending to take care, asserts George Gero, vice chairman and precious-metals strategist with RBC Capital Markets World Futures. Economic data was soft in Germany, with shop sales falling 1.6% in …

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Gold poised for take-off again

Gold poised for take-off again or dead pussy-cat bounce? Gold’s movement over Saturday and Sunday will tell whether Wednesday’s big sell off was built to force puny hands out of the market or if yesterday’s recovery was a dead pussy bounce. Yesterday was an extraordinary day for Gold traders. First …

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Gold, Silver Appear Unintimidated

Gold, Silver Appear Unintimidated Rare metals appear to be recovering nicely after Wednesday’s punishing selloff. Though we at first thought it may take a few weeks for silver and gold to build a base for the following moon shot, yesterday’s price action suggested that bullion quotes may be off and …

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Comex Gold, Silver Try To Recover

Comex Gold, Silver Try To Recover From Wednesday’s Shellacking Comex silver and gold futures prices are trading slightly higher in early, scared trading Thursday morning. Some tepid bargain hunting is featured following the steep losses suffered in both markets on Wednesday. The key “outside markets” are mixed for the expensive …

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Gold falls around $100 before minor recovery, silver down 7%

Gold falls around $100 before minor recovery, silver down 7% Precious metals dived Wednesday – the crash being assigned to a statement which appeared to suggest that further QE wasn’t likely to be required in the U.S, but there was also a reported huge 31 tonne sell order on the …

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The value of gold was ticking higher in Asian Markets

The value of gold was ticking higher in Asian buying and selling Thursday after dropping heavily in the previous session. Gold for April delivery, the most forcefully traded contract, added $6.40 to $1,717.70 an ounce. Yesterday, gold suffered its biggest one-day loss in over six months, losing over 4%. Gold …

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$58-60 silver price by September

$58-60 silver price by September asserts Dubai silver trader Pop down to the Old Gold Souk in Deira, part of the modern town of Dubai and the hottest selling item is a 1kg bar of silver these days. Karachi Jewellers told ArabianMoney yesterday they’re selling Six hundred to Seven hundred …

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Gold & Silver Market Morning 2/29/2012

Gold & Silver Market Morning 2/29/2012 New York lifted the gold price to $1,785 before Asia and London took it slightly higher to $1,788 after its opening. The euro is steady at yesterday’s levels at €1: $1.3453. In London, gold Fixed at $1,788.00 up $13 and in the euro at …

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James Turk: ‘Silver Price at $68-70 in Two-to-Three Months’

James Turk: ‘Silver Price at $68-70 in Two-to-Three Months’ At long last: the ratings agency Standard & Poor’s has deemed Greece to be in “selective default”. The European Central Bank has temporarily suspended the use of Greek bonds as collateral. However, stocks have been moving higher in trading this morning …

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Your Enemy Is Your Price Rocket Friend

Your Enemy Is Your Price Rocket Friend 1. Ancient wisdom says, “your friend is your enemy and your enemy is your friend”. In the gold & silver market, this ancient wisdom may be particularly valuable for investors today. 2. Gold plays the role of punisher in this crisis, and punishes …

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