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.
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 …
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% …
By Lawrence Lewitinn | Talking Numbers β 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.
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 …
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 …
βIt'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,β Klinsmann said in a …
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 …
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 …