Ideas and analysis on money, markets and the world around us.
Financial markets are becoming aware that the US economy is stalling, so investors increasingly take the view that with demand likely to stagnate or even fall, prices for goods and services will soften. This is already…
Read the articlePlatinum is incredibly rare – in fact, it is estimated all the platinum ever mined would only fill a space of around 25 cubic feet. Global gold production is more than ten times that of its rarer cousin – so why is…
Read the articlePrecious metals continued their consolidation this week, with gold drifting off $10 to $1195 as of last night, and silver by $0.42 to $15.85. Intra-day trading ranges are relatively tight with buyers of physical metal…
Read the articleGold prices may have slipped to three week lows this week, but it hasn't been all gloom and doom with online physical metals trading platform, GoldMoney, reporting some interest in both gold and platinum. Kelly-Ann…
Read the articleLast Monday there was a meeting in Washington hosted by the Official Monetary and Financial Institutions Forum (OMFIF) to discuss the future relationship, if any, of gold with the Special Drawing Rights 1 (SDR). Also on…
Read the articlePrecious metal prices were broadly unchanged this week, confined to a tight trading range of $1210 to $1185 for gold and $16.60 to $16.00 for silver. There were several attempts by sellers to force prices to break down,…
Read the articleThere are two connected reasons usually cited for the current dollar strength: the US economy is performing better than all the others, leading towards relatively higher US dollar interest rates, and that this is…
Read the articleIt has been a week of net selling at GoldMoney with gold dancing around the US$ 1,200 mark all week, a price that is a psychological benchmark in the market. Customer activity Most of GoldMoney's selling has come out of…
Read the articleUnemployment is the one statistic that one would have thought is easy to define: just total up the number of people on unemployment benefit and there's your answer. It is however much more complex, particularly in a…
Read the articleThis week started well for gold and silver, but it turned out that the peak for both was on Easter Monday, since then, prices have drifted lower. The news event that initially drove prices higher was the US unemployment…
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