Today’s AM fix was USD 1,334.00, EUR 1,002.41 and GBP 862.31 per ounce. Yesterday’s AM fix was USD 1,325.75, EUR 997.40 and GBP 856.59 per ounce. Gold climbed $23.30 or 1.77% yesterday and closed at $1,335.90/oz. Silver surged $0.88 or 4.3% and closed at $21.34. Gold bullion is marginally lower in all currenc... read more
Global consumers aggressively ramped up purchases of physical gold in the April-June period, led by opportunistic buyers in emerging markets at a time when the precious metal suffered a record quarterly loss, the World Gold Council (WGC) said on Thursday. Consumers around the world bought 53 percent more bullion in the second quarter from the year ago period, bringing total purchases of gold... read more
 
Submitted by GoldCore on 08/13/2013 10:10 -0400
Gold climbed $23.30 or 1.77% yesterday and closed at $1,335.90/oz. Silver surged $0.88... read more
1.The technical outlook for gold, silver, and mining companies continues to improve.Please click here now.That’s the daily gold chart, and it looks excellent. 2.First, note the position of my stokeillator (14,7,7 Stochastics series), at the bottom of the chart.The lines are touching, and c... read more
Weakness in the dollar, together with what appears to be a boost to Chinese industrial growth on the latest data, with a reduction in talk of Fed tapering has led to a mini-surge in the gold price, while silver has done even better living up to its tendency to outperform gold on the up.  For those who follow it, the gold:silver ratio has come back from around 65-66 to closer to 61 and if the s... read more
The price of gold and credit is closely related to the world's financial and industrial crisis, will eventually be a credit crisis. Suppress gold significance lies not only in gold, the currency and the currency of the credit behind. The global finance deputy editor-in-chief
Gold premiums in India, the world’s largest consumer last year, may extend their advance to a record as central bank restrictions halt imports. The fees paid by jewelers to banks and other suppliers have jumped to about $40 an ounce over the London cash price from $30 in the week ended Aug. 2, said Haresh Soni, chairman of the All India Gem... read more
Gold futures advanced the most in three weeks as demand surged in China, the world’s biggest consumer of the precious metal after India. Silver rallied to a seven-week high. Domestic purchases of gold jumped 54 percent to 706.4 metric tons in the first half of 2013, compared with a year earl... read more
The dollar is stumbling as investors begin to question the relative strength of the U.S. economic recovery, which had powered a rally in the greenback in the first half of 2013. The WSJ Dollar Index, a gauge of the dollar’s exchange rate against seven of the  read more
Ed. note: One of the best things about being a partner in a research firm employing about 40 analysts is that I have unfettered access to really smart people. While we have a great team with expertise across the spectrum, when it comes to monetary matters, my go-to guy is Terry Coxon, a senior editor for our flagship publication, The Casey Report.... read more