Ideas and analysis on money, markets and the world around us.
Gold and silver remain close to their lows for the year, discouraged as usual by dollar resilience. Precious metals appear to be in limbo: speculative buyers are discouraged above all by their disappointing performance…
Read the articleThe precious metals bears are still prowling around this week, with relatively little change in prices week on week. However, as Dealing Manager Kelly-Ann Kearsey explains, this week was similar to the last with plenty…
Read the articleAnyone with a nose for markets will tell you that the Chinese government's attempt to rescue the country's stock markets from collapse is far from succeeding. Bubbles collapse, period; and government interventions don't…
Read the articleIndustrial commodities, including energy and base metals, were aggressively sold this week as more evidence came in that the global economy is stalling, with world trade having now declined for five months. Gold was…
Read the articleMonday saw a drop in the gold price, partly triggered by Asian markets and rumours that some big funds might be dumping gold into the market. Not surprisingly there was some panic selling as a result, but as Dealing…
Read the articleThere is a myth prevalent today that the gold price always falls when interest rates rise. The logic is that when interest rates rise it is more expensive to hold gold, which just sits there not earning anything. And…
Read the articleGold and silver continued to drift lower over the course of the week, with gold trading at $1,145 and silver at $15.02 in early European trade this morning. This is close to the lowest prices we have seen since 2010. At…
Read the articleThere has been a clear divergence in the fortunes of the Dollar and the Euro this week which has weighed heavy on the gold price and the yellow metal's safe haven status. Head of Dealing and Settlements Roland…
Read the articleThere is a common view in financial markets that credit deflation is bad for gold prices, because gold nowadays is regarded as an asset to be sold in the scramble for cash when people are forced to pay down their debts.…
Read the articleIf we can reassign meanings given to the biblical Four Horsemen of the Apocalypse from the original, we can then say financial markets saw two of them this week. The first brought us the Greek Crisis which went from…
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