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Category Archives: Gold News
Cash-starved investors hit gold prices
Gold prices took another slide this week, even though most of the usual indicators would have suggested a rise. That’s prompted speculation that some investors may simply need to sell up and get cash. With the US economy still in … Continue reading
Gold’s momentum: ooh, I don’t really know
Gold prices have had the air of Mavis Riley this week, seemingly uncertain about their direction. There have been five distinct shifts in momentum in as many days, with prices ranging from $1,645 an ounce at the start of the … Continue reading
Gold price ticks along again
For a second week, the gold price has followed a tick pattern: a sharp fall followed by a gradual recovery to roughly the same level. In this case it was a drop from the $1,670 an ounce mark to a … Continue reading
Gold gets the jitters
Gold prices have hovered back and forth in a relative tight range this week, with multiple pricing factors battling for control. Aside from a brief dip on Monday morning, gold prices have wavered between around $1,600 and $1,670 per ounce, … Continue reading
Investors gloom fails to boost gold price
The gold price has slumped again this week, with investors apparently switching to the dollar. But some analysts still insist the metal will make spectacular gains in the long run. The price of an ounce hovered between $1,770 and $1,820 … Continue reading
Gold slump cause is named bond… Eurobond
Gold took its biggest tumble for two years this week, falling almost 5% from around $1,855 an ounce to a low of $1,765 an ounce. Europe appeared to be the source of the decline. Finance ministers from across the continent … Continue reading
Gold price proves a tale of two speeches
It was quite the week for gold prices, with a new record high followed by a big slump, a recovery and yet another drop. Two high-profile speeches may have contributed to the latter swings. After a steady Monday, gold hit … Continue reading
Employment disappointment just the job for gold price
Gold prices have recovered most of last weeks losses, fuelled partly by the fallout of bad US jobs moves. But some advisers are suggesting stocks in gold mining companies could provide bigger gains in the medium term. A variety of … Continue reading
Gold price begins recovery after major drop
The gold price took a huge hit this week as the run of profiting from poor economic news came to a dramatic end. But the commodity showed signs of a comeback by the end of the week. The slump took … Continue reading
Parabolic gold price rise may be possible
Executive director of GoldCore Ltd.,Mark O’Byrne, discusses the outlook for gold on Bloomberg TV.

