Category: Gold & Silver
The analysis published under this category are as follows.
Saturday, February 23, 2008
Could Gold Mimic Platinum's Parabolic Move? / Commodities / Gold & Silver
By: Mike_Paulenoff
My technical work is telling me (and has been telling me) that gold prices (the GLD) is on borrowed time on the upside, and that they will implode IF in fact the global slowdown story has any merit. Then again, growing perceptions of stagflation could last a while longer, until the commodity sector rolls over amidst evidence of a global economic contraction.Read full article... Read full article...
Friday, February 22, 2008
Gold Mining Stocks Fail to Keep Pace With New Gold High / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES held inside a $7 range in London early Friday, recording a new all-time high the AM Fix of $945.75 per ounce as Asian and European equities reversed this week's gains and the US Dollar fell to a 10-session low."It's been six months this week since the Fed started cutting interest rates – and gold has gone nuts," as BullionVault told Bloomberg earlier today.
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Friday, February 22, 2008
Stagflation Fears Drive Gold to New All Time Highs / Commodities / Gold & Silver
By: Mark_OByrne
Gold rose $11.10 to $945.70 per ounce in trading in New York yesterday and silver was up 18 cents to $17.90 per ounce. Gold and silver have traded in a narrow range in Asian and early trading in Europe. Gold reached new record nominal highs at $952.75 and silver has surged over $18 per ounce to new 27 year highs at $18.06.Read full article... Read full article...
Thursday, February 21, 2008
Gold Breaks New Record - Public Waking Up! / Commodities / Gold & Silver
By: Brent_Harmes
Gold just broke to another all time high yesterday rising above $944 per ounce.Read full article... Read full article...
Thursday, February 21, 2008
Gold Surges to New Highs as Crude Oil Breaks Above $100 / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF PHYSICAL GOLD BULLION gained almost 1% at the London opening on Thursday, taking the metal 3.6% higher from yesterday's low to a new record high above $948 per ounce."The second successive [ US crude oil] close above $100 a barrel and a higher-than-expected US inflation outcome were the triggers for a move to a new all-time high," believes John Reade at UBS.
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Thursday, February 21, 2008
Consumer Price Inflation (CPI) Jumps to 4.4%- Stagflation Bullish for Gold / Commodities / Gold & Silver
By: Mark_OByrne
Gold rose $7.80 to $9 34.6 0 per ounce in trading in New York yesterday and silver was up 22 cents to $17.72 per ounce. Gold and silver continued to rise in Asia and early trading in Europe and gold reached new record highs just below $950 at $949.60 per ounce and silver has surged over $18 per ounce.Gold also surged to new record highs in British pounds and in Euros. The London PM Fix at 1500 GMT yesterday afternoon was at $920. Gold fixed at new record highs at £474.37 and €627.90.
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Wednesday, February 20, 2008
Gold New High Vs British Pound as Money Supply Growths Triggering Inflation Concerns / Commodities / Gold & Silver
By: Adrian_Ash
GOLD FOR IMMEDIATE DELIVERY ticked 0.7% lower from last night's near-record highs early on Wednesday after recording its third highest London Fix ever.Pegged at $924.8 this morning as crude oil slipped back from $100 per barrel and world stock markets fell yet again, the Gold Price also recorded a new all-time London Fix for British investors at £475.57 per ounce.
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Wednesday, February 20, 2008
Commodities to Outperform Equities on Increasing Macroeconomic and Systemic Risk / Commodities / Gold & Silver
By: Mark_OByrne
Gold surged $23.55 to $926.80 per ounce in trading in New York yesterday and silver surged 50 cents to $17.50 per ounce. Gold and silver have traded sideways in Asia and early trading in Europe. Gold also surged to new record highs in British pounds and in euro. The London PM Fix at 1500 GMT yesterday afternoon was at $925. Gold fixed at new record highs at £473.68 and €626.91.
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Wednesday, February 20, 2008
Gold Price Trend Remains Firm / Commodities / Gold & Silver
By: David_Vaughn
Gold continues to pass every stress and strength test that is thrown before it.
Well, the central banks are spreading the word that they are going to sell some of their gold. Should we be quaking in our boots and losing sleep? The International Monetary Fund has announced it will sell a small percentage of their gold in the coming months.
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Wednesday, February 20, 2008
Platinum Price Goes Ballistic; Gold to Follow? / Commodities / Gold & Silver
By: Money_and_Markets
Natural resources markets exploded higher yesterday. Crude oil closed above the $100-a-barrel mark for the first time. And platinum's move was even more dramatic ... the price soared to a record high of $2,173!
Watching platinum has been like watching a missile take off. The metal's run-up has been nothing short of astonishing — 41% so far in 2008 and about 75% in the past 12 months!
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Wednesday, February 20, 2008
Silver Overall Trend Remains Bullish / Commodities / Gold & Silver
By: Roland_Watson
This is a copy of the last update on silver sent out to subscribers at the weekend. Explanatory notes are added in italics.
Here are the numbers for this week past:
London Silver Fix Price: $17.38 (+$0.43 on week)
NYMEX Spot Price: $17.06 (-$0.12)
US Dollar Index: 76.21 (-0.61)
Tuesday, February 19, 2008
How High Can Gold Go Before Peaking - Gold Dow Jones Ratio Important Indicator / Commodities / Gold & Silver
By: Dr_Krassimir_Petrov
How about $10,000? or $1,000? Or even $100,000? - Calls for the price of gold vary, anywhere from $1,000 to $10,000 or even to $100,000. There is one true fundamental problem with all calls for the price of gold – they all ignore the future inflation environment.
For example, if a genuine Great-Depression-like deflation grips the U.S. economy, then $1,500 for the top of the gold bull market might be too high. On the other hand, if a long 1970 stagflation is in the cards, then $5,000 is too low. The point is that a call for the price of gold without a clear assumption for the macroeconomic environment is a wild and misleading shot in the dark.
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Tuesday, February 19, 2008
Gold Surges as Banking Stocks Slide on Credit Market Disaster / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF GOLD jumped 1.9% early Tuesday to hit a one-week high of $918.90 per ounce as European equities reversed early losses after a sharp fall in banking stocks.Credit Suisse, the second largest banking group in Switzerland , sank nearly 10% at the Zurich opening after it trebled the size of write-downs on its debt investments.
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Tuesday, February 19, 2008
Burgeoning Inflation Very Positive for Gold and Commodities / Commodities / Gold & Silver
By: Mark_OByrne
Markets were closed in New York yesterday and the action centred on London where gold sold off initially and tested support at $900 prior to rallying strongly and this strength has continued in Asian trading with gold rising above $910 per ounce. Silver traded similarly, testing support just below $17 and then bouncing; in Asian trading silver has risen above $17.20 per ounce.Read full article... Read full article...
Monday, February 18, 2008
Gold Falls as European Stocks and Dollar Rally / Commodities / Gold & Silver
By: Adrian_Ash
THE PRICE OF SPOT GOLD for immediate delivery gave back an overnight rally of 0.5% early Monday to trade just above $901 per ounce by lunchtime in London .Wall Street stayed closed for the Presidents Day holiday, meantime, leaving European stocks to race higher while crude oil rose further above $96 per barrel.
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Monday, February 18, 2008
Gold Trades Sideways on Slowing Economic Growth / Commodities / Gold & Silver
By: Mark_OByrne
Gold was down $4.80 to $902.80 per ounce in trading in New York on Friday and silver was down 12 cents to $17.10 per ounce. Gold has traded sideways to slightly up in Asia and early trading in Europe.Gold rose in British pounds and fell in Euros. The London AM Fix at 1030 GMT this morning was at $905 (down from $909.75). Gold fixed at £464.03 (up from £463.97) and €618.51 (down from €619.76).
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Sunday, February 17, 2008
Gold Warning Potential Topping Pattern / Commodities / Gold & Silver
By: Merv_Burak
Is gold taking a rest and moving sideways or is it preparing for a significant move lower, or higher. Where's that coin? Time for the flipping. It will probably be as accurate as anyone.
GOLD : LONG TERM - Long term technical indicators and trend changes very slowly so over the past week there was little or no change to the charts or indicators. The long term P&F chart basically has not moved. It is, however, showing a topping pattern as the Xs have hit the $930 level two times now without a penetration.
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Friday, February 15, 2008
Gold Strong on Deepening Credit Crunch / Commodities / Gold & Silver
By: Mark_OByrne
Gold was up 60 cents to $907.60 per ounce in trading in New York yesterday and silver was down 10 cents to $17.22 per ounce. Gold has traded sideways to slightly up in Asia and early trading in Europe.Gold rose in British pounds and fell in Euros. The London AM Fix at 1030 GMT this morning was at $909.75 (down from $910.85). Gold fixed at £463.97 (up from £462.31) and €619.76 (down from €623.19 ).
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Friday, February 15, 2008
Gold Weak on Spiraling South African Mining Costs / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD PRICES stayed in a tight $4 range ahead of the long President's Day weekend early on Friday, trading 1% beneath last week's finish as global stock markets held flat and bond yields ticked lower.
Crude oil moved to a five-week high above $96 per barrel on news that Chinese oil imports rose 1.8% in January.
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Thursday, February 14, 2008
Gold Dips on Strong Japanese Economic Growth / Commodities / Gold & Silver
By: Adrian_Ash
SPOT GOLD dipped from a two-day high early Thursday, recording an AM Fix in London of $910.85 – some $3 per ounce above the February average so far – as Asian stock markets closed sharply higher. Far Eastern equities leapt on news that Japan 's economy grew twice-as-fast as expected at the end of 2007, led by strong exports to other Asian economies.
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