Gold Prices Weaken Following News from Europe and China
The price of gold has fallen about 1.2 percent during the week as concerns over the Eurozone debt crisis linger and China shows signs of weakness.
Gold Articles Directory
Gold Needs to Break $1,600
Last week gold fell and then rose. But, for the sake of preserving momentum, further gains are needed.
Gold Prices Fade on Greek Political Gridlock
Gold's price decline has generally moving in the opposite direction of the dollar as the Eurozone continues to attract significant concern and interest in US government debt increases. Spot market gold prices traded today in the range of $1,578.10 per troy ounce for a decline of approximately one percent on the week.
Bear Market or Bull Opportunity?
The bears have definitely gained ground, but does that mean the bulls need to throw in the towel and nurse their wounds?
Gold Prices Weakening on Eurozone Concerns
Last year gold was seen as a safe haven that could mitigate exposure to the European debt crisis, but it is now trading in line with more traditional drivers.
Should Investors be Discouraged by Cost Inflation?
In recent years gold prices have surged, but costs have also been rising and are expected to continue upward. Should this activity discourage investment in mining stocks?
Gold Price Declines on European Central Bank Decision
As apprehension about Spain's ability to finance its debt mounts, gold prices declined this week following a drop in the euro and a rate decision from the European Central Bank.
Kinross Faces Lawsuits in US and Canada
Did Kinross commit securities fraud? The company says no, but investors are reacting to share volatility.
Gold Prices Lifted by Negative News from the United States
A commitment from the Federal Reserve on Wednesday to keep its interest rates near zero and weak employment results have supported gold prices. Justin Reid, Managing Director and Head of Global Mining Sales at National Bank Financial discussed the function of gold as a liquidity hedge.
GFMS: Gold Could Peak at $2,000 in 2013
Thomson Reuters GFMS believes gold could rise to an all-time high next year, but the metal may only hold that level temporarily. Could this prediction bode well for gold equities?
