I'm a contrarian, so it is not surprising I like gold. There are lots of reasons to like gold but the key one is the distrust of inflation, or rather the belief that inflation will become rampant again. This distrust is on many levels. One obvious one …
KOLKATA: Gold traded higher in both spot and futures markets on Monday as the rupee depreciated against the dollar and international prices moved up because of worries over Iraq and Ukraine. In the local futures market, the August contract climbed 0.17 …
JOHANNESBURG (AP) — South African police on Monday searched for the killers of eight gold miners who were found shot dead at an illegal shaft on the eastern outskirts of Johannesburg. Two of the bodies were found underground and the motive for the …
Save precious time tracking your investments. MUMBAI: Gold prices declined modestly after a fourth straight session rally at the domestic bullion market today due to fresh bouts of selling by investors as well as lack of local buying support at …
Although a number of pundits have recently urged investors to sell into the recent strength exhibited in the precious metals market, the weekly chart of the Philadelphia Gold and Silver Index (XAU) suggests something very different. With oversold …
The near term trend outlook is bullish for gold, but the market has hit overbought levels on momentum studies and has approached strong chart resistance. The market is overextended as it traded above its upper Bollinger Band line (not shown on the chart).
Surging mistrust of the euro during Europe's debt crisis fed a campaign to bring Germany's entire $141 billion gold reserve home from New York and London. Now, after politics shifted in Chancellor Angela Merkel's coalition, the government has concluded …
Asian shares climb on China PMI data * But safe-haven demand keeps gold above $1,300 an ounce * Violence in Iraq buoys appetite for bullion (Updates prices) By A. Ananthalakshmi SINGAPORE, June 23 (Reuters) – Gold steadied near a two-month high …
Gold traded below a two-month high as investors weighed the outlook for U.S. borrowing costs to remain low and tension in Iraq against signs of weaker physical demand. Platinum and palladium declined. Gold capped a third successive weekly advance last …