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Gold and Silver News

Fed exit strategy: the mother of all head fakes

“Exit strategy” is the current buzz phrase among market watchers, with the dollar rallying in recent days and weeks on expectations that all is well with the US economy again, and that the Fed can now start thinking about ways of selling assets and “exiting” from its current commitment to perpetual quantitative ...

2013-MAY-22 · The GoldMoney News Desk

Ben Bernanke, Fed, USA

Is this the end of the gold bull market?

The dreary picture painted by recent headlines and the tiresome repetition that gold “has entered a bear market” seems to be taking its toll on gold investors, whose confidence levels appear to be hitting bottom. As usual gold has few friends in the mainstream investment world and media, and when the price rises we hear little ...

2013-MAY-15 · The GoldMoney News Desk

central banks, dollar, gold price

Economic 'recovery' built on sand

“STOCKS ROAR BACK” is this morning’s London City AM headline – reporting news that the Dow Jones “smashed through” the 15,000 mark yesterday to a record nominal high, with the FTSE 100 also marking a five-and-a-half year nominal high. The Dow is up 15% since the start of the year, with bulls encouraged ...

2013-MAY-08 · The GoldMoney News Desk

central banks, stock market, USA

Fed statement lends support to metals

Things have cooled off in the gold and silver markets, with the former trading in a range between $1,450 and $1,480, and silver moving between $23 and $24. Both metals sold off early in New York futures trading yesterday, but rebounded following the release of Fed minutes indicating that the Fed will consider increasing its money printing ...

2013-MAY-02 · The GoldMoney News Desk

Fed, gold price, quantitative easing

Silver price enjoys strongest one-day gain for 15 months

Gold and silver have staged a decent comeback over the last couple of days, with gold up by around $40 since Wednesday, while silver yesterday recorded its strongest one-day price gain for 15 months – gaining more than a dollar per ounce. Industrial commodities have also enjoyed gains over the last few days, while the dollar ...

2013-APR-26 · The GoldMoney News Desk

GDP, silver price, stock market

Physical gold demand surges

After the white-knuckle ride of the last week and a bit, the gold market appears to have calmed somewhat in recent days. The price is no longer falling by triple-digit amounts in single sessions, or gaining significant amounts either. Bulls will have been given some encouragement though by the strong bounce off of the $1,350 level reached ...

2013-APR-23 · The GoldMoney News Desk

Asia, gold price, Hong Kong

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CURRENT PRECIOUS METAL PRICES

	Gold: Gold Buy Rates	$44.0302/gg $1,369.50/oz
	Silver: Silver Buy Rates	$0.7134/gg $22.19/oz
	Platinum: Platinum Buy Rates	$47.0376/pg $1,463.00/oz
	Palladium: Palladium Buy Rates	$23.8443/pd $741.60/oz