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Gold

Gold's Decline Is Feeding on Itself, Pros Say
www.cnbc.com

Gold prices, now at a three-year low, could continue to get hammered as investors reshape their views of the precious metal. Forecasts for $1,000 an ounce gold sound much less far-fetched than they did before the metal breached $1,300 on June 20.

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PRECIOUS-Gold sinks below $1200 for first time in nearly 3 years
www.reuters.com

Gold slides even as other commodities rise * Analysts cite liquidation, quarter-end book squaring * Bullion set for biggest quarterly drop since at least 1968 * Coming up: U.S. Reuters/UMich index Friday (New throughout, updates prices and market …

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Don't Cry For The Gold Bugs: When Gold's A Good Investment, The Economy Sags
www.forbes.com

Running a leveraged hedge fund with a long position in gold has not been a lot of fun lately. The price of gold closed in New York at $1,225.20/oz on Wednesday. This was down by 4.1% on the day, lower by 18.6% year-to-date, and down by more than 35% …

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Gartman: Three Things Gold Investors Need to Do Now
finance.yahoo.com

By Lawrence Lewitinn | Talking Numbers – Tue, Jun 25, 2013 1:32 PM EDT. Email 0. Recommend. 8. Tweet. 0. If you're invested in gold, here's some good news: Dennis Gartman, Founder and Publisher of the Gartman Letter, has some advice for you.

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Gold Traders Split as Rout Resumes in Bear Market : Commodities
www.bloomberg.com

Gold traders are divided on the outlook for prices, with some judging that the slump to a 34-month low following the Federal Reserve's comments on tapering stimulus will spur demand for coins and jewelry. Fifteen analysts surveyed by Bloomberg expect …

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HDFC Bank not to accept credit cards for gold sale
economictimes.indiatimes.com

India's efforts to curb demand for gold and its import volume to reduce a record current account deficit (CAD) seem to have the support of financial services companies. After Reliance Capital's decision to halt sales of gold-backed funds, it's now HDFC …

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US Unveils Gold Cup Roster
www.nytimes.com

β€œIt's kind of a roster where you have to go player by player and evaluate each situation to see where they are at and see how strong they are, but we are excited about a roster for the Gold Cup that really has a shot of winning it,” Klinsmann said in a …

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Gold Could Fall To $1000 If It Breaks Through Key Resistance On QE Taper …
www.forbes.com

Not too long ago, gold was making all-time highs as investors poured into the yellow metal seeking safety. That is old news: the gold trade has completely broken down since last September, with bullion now down more than 30% since then, and possibly …

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Gold plunges to lowest level in nearly 3 years
www.usatoday.com

The price of gold sank to its lowest level in nearly three years Wednesday, in a massive meltdown of the precious metals market. Gold is suffering as investors continue to weigh comments during the past week from Federal Reserve Chairman Ben Bernanke …

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