30 January 2015The U.S. Comex gold futures dropped 2.94% this week to end at $1,254.60 on Thursday, compared to -1.47% in the S&P 500 Index, -0.19% in the Euro Stoxx 50 Index, and -2.33% in the crude oil futures.
29 January 2015Gold prices were lower today ahead of the FOMC meeting announcement. The gold market is still likely experiencing some profit taking following gains seen in recent weeks, and may be gearing up for another crack at the psychologically important $1300...
28 January 2015In the book “Lords of Finance”, Liaquat Ahamed perfectly summed up the history of owning gold - Gold had been used as a form of currency for millennia.
23 January 2015The U.S. Comex gold futures fell 1.51% last year but surged close to ten percent year-to-date, exceeding $1,300 again, a level last seen in August last year.
20 January 2015The current situation is looking rather grim and almost every man for himself as central banks around the world is bracing to make changes in interest rate. Is it the fear of global deflation that summoned such drastic changes uncoordinatedly?
07 January 2015Gold steadily holding on this week gained as traders bet on safe haven assets due to the uncertainty in the Eurozone (revisiting a Greek Exit only this time looking more viable), amid a strong US dollar gold outperformed as we start 2015 and the failed...
05 January 2015Many of us will be wondering what 2015 has in store for the precious metal market. Before we embark on the above, let us take a quick look at what could drive it.
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