Gold Needs to Break $1,600
Last week gold fell and then rose. But, for the sake of preserving momentum, further gains are needed.
Articles Tagged "gold price"
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.
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?
Gold Prices Gaining on Concerns in Europe
Gold gained this week, but Eurozone concerns are keeping the market volatile.
Gold Price May Peak at $2,000/oz in 2013
Reuters reported that gold's twelve-year bull run could peak in 2013 at over $2,000 per ounce.
Jewellers End Strike in India, but Gold Sales Still Down
Reuters reported that India’s daily gold sales are 80 percent less than they were a year ago even though jewellers have ended their strike over taxes.
Gold Prices Lower on Inflation Sentiment
The minutes from a Federal Reserve meeting suggest that it believes inflation remains under control, which resulted in overall spot market gold prices depreciating by about two percent this week.
2012 Gold Q1 Market Trends and Outlook
Gold posted gains for the quarter, but has not maintained its momentum. Changing conditions and sentiment suggest the metal may struggle to recover in the near term.
