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Gold edges up, heads for biggest monthly gain since Aug (Business Standard - 31/01/2012)

Gold ticked up on Tuesday after the euro rebounded, while bullion prices headed for their biggest monthly rise since August as lingering concerns about growth in the United States prompted buying from investors. Gold jumped nearly 5% last week, its

Gold drops from 7-week high as euro declines, demand weakens (Bloomberg - 31/01/2012)

Gold on Monday declined from a seven-week high as European Union leaders prepared to gather for their first summit of the year and the dollar gained. Gold fell 0.5 per cent to 1,727.10 dollar an ounce, falling for the first time in four days. Bullion

Gold set for biggest daily fall in a month (The Economic Times - 31/01/2012)

Gold was set for its steepest one-day fall in a month on Monday, under pressure from a retreat in investor risk appetite that undermined the euro, although the bullion price remained within sight of last week's seven-week highs. The euro fell back from

Gold output may fall 3% and silver to gain 4% in 2012: Natixis (Commodityonline - 30/01/2012)

Gold mined output may fall a little to around 3% and Silver will grow by around 4% to almost 24,250 tons in 2012, said Natixis Commodity Markets Limited in 2012 first quarter Metals Review. According to Natixis, gold output may decline as investment in

Silver looks more bullish than gold in near term: Deutsche Bank (Commodityonline - 30/01/2012)

Silver prices could outperform Gold in the near-term but in longer-term the persistence of negative real interest rates will sustain the appeal of holding precious metals, said Deutsche Bank in a research note. Fed announcement resulted in a strong

Gold gains Rs 55 on wedding season demand, silver sheds Rs 500 (The Economic Times - 30/01/2012)

Despite a weak trend in the overseas markets, gold prices rose for the third straight day by adding Rs 55 to Rs 28,465 per 10 grams in the bullion market here today on pick-up in demand, while silver shed Rs 500 to Rs 56,000 per kg on stockists selling.

Gold to hit $2150/oz by year end: TDS (Commodityonline - 30/01/2012)

Gold to hit north of $2,150 an ounce later this year, particularly after this week’s uber dovish Federal Open Market Committee statement and a news conference by the Fed chairman signaled easy money is here to stay for a long time, said TD Securities in

Gold Climbs For Third Day, Ends At 7-Week High (The Wall Street Journal - 29/01/2012)

Gold ended the week at a fresh seven-week high as a weaker dollar and weaker-than-expected U.S. economic data offset sales from investors looking to lock in recent gains.

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Precious Metals Shares Climb, XAU Eyes Best Week Since October (IBTimes Gold - 29/01/2012)

Gold and silver shares continued their recent march higher on Friday, as the Philadelphia Gold & Silver Index (XAU) rose 1.7% to 203.36 in early afternoon trading. With today’s advance, the XAU is now higher by 8.7% this week – putting it on pace for its

Silver's Outperformance should Continue to be Help by QE3 Speculations (IBTimes Gold - 29/01/2012)

The precious metal complex glittered last week as the Fed announced to keep interest rates at exceptionally low levels until late 2014 and indicated further monetary easing is possible. The statement and the press conference held by Chairman Ben Bernanke

Gold up Rs 105 on strong demand, global cues (Business Standard - 29/01/2012)

Gold today rose by Rs 105 to Rs 28,410 per 10 grams on increased buying by stockists and jewellers to meet demand for the ongoing marriage season, amid a firm global trend. However, silver lacked necessary buying support at existing higher levels and

Gold up Rs 535 on global cues, silver gains Rs 1,770 (Business Standard - 28/01/2012)

Gold surged by Rs 535 to Rs 28,305 per 10g on Friday on frantic buying by stockists and jewellers for the marriage season, amid a sharp rally in global markets. Silver followed suit and spurted by Rs 1,770 to Rs 56,970 a kg on increased offtake by

Fortuna Readies to Ride the Silver Price Rally (The Street - 28/01/2012)

If silver prices can sustain their recent rally, Fortuna Silver Mines(FSM_) is poised to deliver a knock-out punch. Fortuna is a little known silver company with two operating underground mines in Peru and Mexico and a killer growth rate. Silver

Gold Prices Surge on Fed Promise to Keep Rates Low (IBTimes Gold - 28/01/2012)

Gold prices jumped Thursday after the Federal Reserve surprised markets by saying ultra-low interest rates will continue through 2014. The U.S. central bank said Wednesday it would keep interest rates at near zero longer than investors around the world

Gold Prices Rise Again, Topping 10% for the Week (IBTimes Gold - 28/01/2012)

Gold prices posted a modest gain Friday, capping a three-day rally as well as a week in which the yellow metal jumped 4.15 percent. The surge began Wednesday when the U.S. central bank surprised markets by saying it would extend ultra-low interest rates

Gold Prices End Week 4% Higher (The Street - 28/01/2012)

Gold prices settled higher Friday helped by physical buying and a weaker U.S. dollar. Gold for February delivery added $5.50 to settle at $1,732.20 an ounce at the Comex division of the New York Mercantile Exchange. The gold price has traded as high as

A surprise rally in gold and silver (The Economic Times - 28/01/2012)

At the end of 2011, Merkel and Sarkozy got together for an unusual emergency meeting. They pledged to come up with economic salvation. Immediately the equity markets mounted a year end "Halleluyah" rally. Bernanke followed Europe's footsteps in 2012 and

Gold-S&P ratio indicates weak stocks and surging gold (Commodityonline - 28/01/2012)

It has been a tough last year for precious metals investors but not so much for common stocks. Sure, the Euro crisis benefited Gold initially but as the panic has abated, stocks are rallying back to their highs while Gold has sold off and the gold stocks

Gold physical demand poor as prices hit 1-month high (The Economic Times - 28/01/2012)

Gold traders in India, the world's biggest buyer of bullion, continued to stay on the sidelines on Friday as prices extended gains to their highest level in more than a month, dealers said. The most-active gold for February delivery on the Multi

Gold set for biggest weekly rise since early December (The Economic Times - 28/01/2012)

Gold rose in Europe on Friday and headed for its best weekly performance since early December after the Federal Reserve signalled a continuation of its ultra-loose monetary policy, pushing the dollar lower against the euro. Spot gold was up 0.3 percent

Gold Prices Consolidate Week's Gains of More Than 3% (IBTimes Gold - 27/01/2012)

Gold prices leveled off Friday, consolidating the week's dramatic gains, amid prospects for more increases next week and next month. The latest catalyst for the yellow metal, as well as global equities and industrial commodities, was this week's surprise

PRECIOUS METALS: Gold Consolidates In Asia Amid Mild Profit Taking (The Wall Street Journal - 27/01/2012)

Gold paused to consolidate amid light profit-taking Friday after two straight days of gains, with the Greek debt-restructuring talks still in focus even though the general tone has been positive since the start of the year. At 0522 GMT, spot gold was at

PRECIOUS METALS - Gold looking to base build above $1700 (FastMarkets - 27/01/2012)

Gold remained bid across Thursday as the Fed’s pledge to maintain its loose monetary policy until the end of 2014 bolstered commodities with the CRB Index settling up 0.3%. Gold extended to its best since December 8th, touching $1731.10; silver and

PRECIOUS METALS: Gold At 7-Week High, Firmly Above $1,700 (The Wall Street Journal - 27/01/2012)

Gold futures locked in their second consecutive gain Thursday, spurred on by a weaker dollar and as investors cheered the Federal Reserve's expectations of a protracted period of low interest rates. The most actively traded contract, for February

Gold futures surge to six-week high (The Economic Times - 27/01/2012)

Gold futures surged to a six-week high on Thursday after the Federal Reserve said it expects "exceptionally low" interest rates through at least late 2014. Silver, platinum and palladium also advanced. Fed Reserve Chairman Ben S. Bernanke said at a press

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