Although it's been relatively quiet due to the holiday season, palladium has been the winner this week, while for GoldMoney customers, silver has also outshone its glittering yellow cousin. Dealing Manager at the online…
Precious metals periodically suffer from coordinated bear raids as the commercial shorts try to level their books. That appeared to be the case in recent weeks when the gold price was sold down from $1345 to $1280 last…
At the end of July global equity bull markets had a moment of doubt, falling three or four per cent. In the seven trading days up to 1st August the S&P500 fell 3.8%, and we are not out of the woods yet. At the same time…
Dealing Manager at the online precious metals trader, Kelly-Ann Kearsey, said that gold had been the best performer over the week. The week saw a buy/sell ratio of 1. The summer months tend to see a drop off in…
With continued uncertainty in major markets, James Turk tells King World News that the gold market has once again slipped into backwardation. Turk also discussed the delays in delivery times for large orders of physical…
June's FMQ components have now been released by the St Louis Fed, and it stands at a record $13.132 trillion. As can be seen in the chart above, it is $5.48 trillion more than an extension of the pre-Lehman crisis…
That was how it felt watching all markets this week until yesterday when they sprang into life. Gold fell from $1304 at the London opening last Monday to a low point of $1281 yesterday, down 1.8% on the week, while…
It has been a quiet week among GoldMoney's 22,000 worldwide customers, with the summer holiday season kicking in. There has been a low level of profit taking across all metals, and Dealing Manager at the online precious…
With continued uncertainty in major markets, today James Turk warned King World News that we should expect a wild week in the gold and silver markets. Turk also discussed what the implications of a coming inflationary…