Tag Archives: Gold and More – silverandgoldadvisor.com

Alex Canahuate, Chief Market Analyst, on Japan

October 22, 2012 The U.S. dollar’s rally over the last few days against the major currencies has stalled this morning, while gold and silver are marginally higher after last week’s poor performance. Platinum and palladium continued their downward slide, as concerns regarding the global growth outlook were enflamed by disappointing …

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Gold’s Role During Financial Stress

For centuries, periods of financial stress have resulted in “flights to quality” by investors seeking to protect their capital using hard assets offering safe stores of value. The use of gold as an effective wealth preserver is as compelling as ever for today’s investor. As one of the few financial …

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Comex Precious Metal Review 01/13/2012

Comex Precious Metal Review 01/13/2012 GOLD: Comex spot gold prices opened the week at $1,617 . . . traded as high as $1,662 on Thursday and as low as $1,610 on Monday . . . and the Comex AM settlement price on Friday was $1,630, up $13 for the week. …

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US Mint buys more gold,silver

US Mint buys more gold,silver from Sunshine Despite a dip in gold coin sales in October, US Mint bought more gold and silver from Idaho’s Sunshine Minting Inc. espite a dip in gold coin sales in October, US Mint bought more gold and silver from Idaho’s Sunshine Minting Inc. Sunshine …

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Gold Tops $1,800 in N.Y

Gold Tops $1,800 in N.Y. as Europe Crisis Spurs Investor Demand Gold futures topped $1,800 an ounce for the first time in almost seven weeks on concern that European leaders will be unable to contain the region’s debt crisis, fueling demand for the precious metal as a haven. Italian Prime …

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Gold nudges higher as Italy debt fears grow

Gold nudges higher as Italy debt fears grow Gold edged higher on Wednesday on persistent doubts about Italy’s ability to tackle its debt crisis as political uncertainty and soaring Italian bond yields prompted caution among investors. Italian Prime Minister Silvio Berlusconi, viewed by many in the markets as an obstacle …

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Comex Gold Higher On Safe-Haven

Comex Gold Higher On Safe-Haven Demand As Italy Now In The EU Debt Crisis Spotlight Comex December gold futures are trading higher and have hit a fresh six-week high in early U.S. trading Monday. Fresh safe-haven demand is featured. It’s the same song, just a different verse regarding the ongoing …

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Precious Metals Markets This Week

Precious Metals Markets This Week GOLD: Comex spot gold prices opened the week at $1,720 . . . traded as high as $1,767 on Thursday and as low as $1,683 on Tuesday . . . and the Comex AM settlement price on Friday was $1,754, up $34 for the week. …

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Gold moves higher

Gold moves higher; Germany won’t use gold for EFSF Benchmark Comex gold futures traded nearly 1% higher in early Monday afternoon trade in East Asia, while reports said that Germany had rejected calls to use its gold reserves to help shore up the euro-zone rescue fund. Gold for December delivery …

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Gold may hit $2000/oz on negative real rates

Gold may hit $2000/oz on negative real rates If real U.S. interest rates remain low, Gold eventually may top $2,000 an ounce, says Deutsche Bank. The bank looks for gold to be the most resilient of the precious metals for the time being, since others with heavier industrial uses are …

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