Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 


Weekly Archives

By: GoldSeek.com - 23 May, 2014

COT Gold, Silver and US Dollar Index Report - May 23, 2014. Full Story

By: Julian D. W. Phillips, Gold Forecaster - Global Watch - 23 May, 2014

The Russia/China Gazprom deal will lead to 25% of China’s energy requirements being met on the current numbers in the contract, by 2018. We note that this number allows for an increase in this supply thereafter. If we combine this with the internationalization of the Yuan happening in many countries, we see China is building a strong base of operations for the Yuan that allows it to control the value of the Yuan exchange rate as it is doing now with its ‘moving peg’ against the dollar. Full Story

By: GoldCore - 23 May, 2014

Reserve currency status does not last forever. Empires rise and fall.
The world is constantly changing and evolving. Nothing lasts forever … Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 22 May, 2014

The gold price closed at $1,290.50 $2.50 down from yesterday, in New York. In Asia the price rose to $1,295.20 and London held it there. The gold Fixing was set at $1,294.50 up $2.50 and in the euro at €945.926 up €3.273 while the euro stood weaker at $1.3685. Ahead of New York’s opening the gold price was at $1,296.00 and at €947.37. Full Story

By: GoldCore - 22 May, 2014

India's central bank, the Reserve Bank of India (RBI), eased tough gold import rules late last night,by allowing seven more private agencies to ship and import gold bullion. Industry officials and gold analysts say the easing of restrictions will increase supplies, reduce premiums and lead to increased demand in the peak wedding season. Full Story

By: Manan Somani, Insignia Consultants - 22 May, 2014

Opening up gold imports is like a drought land getting rains. There are huge short positions in gold and higher Indian demand is the best case for gold to rise to $1400 and over. Full Story

By: Chris Mullen, Gold-Seeker.com - 21 May, 2014

Gold dropped $9.85 to $1284.85 just after today’s release of FOMC Minutes, but it then bounced back higher into the close and ended with a loss of just 0.25%. Silver slipped to as low as $19.285 and ended with a loss of 0.1%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 21 May, 2014

The gold price closed at $1,293.00 unchanged from yesterday, in New York. In Asia the price held at that level as it did in London. The gold Fixing was set at $1,292.00 up $0.50 and in the euro at €942.653 down €0.805 while the euro stood at $1.3706. Ahead of New York’s opening the gold price was at $1,293.80 and at €944.07. Full Story

By: GoldCore - 21 May, 2014

Gold is marginally lower today at $1,293.50/oz and remains in lock down in an unusually tight range between $1,287/oz and $1,306/oz this week. Gold in Singapore, which often sets the price trend in Asia, traded at $1,292.23/oz prior to a bounce to just over $1,295/oz. Full Story

By: Chris Mullen, Gold-Seeker.com - 20 May, 2014

Gold dropped down to $1286.13 at about 8:20AM EST before it jumped up to $1296.56 by midday in New York and then chopped back lower at times, but it still ended with a gain of 0.085%. Silver slipped to $19.259 before it rose to $19.455 and then also fell back off, but it still ended with a gain of 0.15%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 20 May, 2014

The gold price closed at $1,293.1 down $2.50 on Monday, in New York. In Asia the price dropped to $1,291 ahead of London’s opening, where London held it. The gold Fixing was set at $1,291.50 down $9.50 and in the euro at €943.458 down €5.208 while the euro stood at $1.3689. Ahead of New York’s opening the gold price stood at $1,293.00 and in the euro at €943.45. Full Story

By: GoldCore - 20 May, 2014

Investors weighed uncertainty surrounding developments in Ukraine as pro-Russian separatists and Ukrainian forces in the eastern reaches of the country continued to clash yesterday, resulting in the death of one Ukrainian soldier. Ukraine will hold elections on May 25 and concerns persist of a civil war. Full Story

By: Manan Somani, Insignia Consultants - 20 May, 2014

Failure of gold to break past $1326 in the next three weeks will result in a fall to $1230 and $1190 first and thereafter a rise to $1425. However silver needs to fall below $1860 for another wave of selling. Physical demand for silver will zoom if silver prices near $1800. China will triple its solar power generation capacity by 2017. In India if prime minister elect Mr. Narendra Modi follows the Gujarat model of renewable energy then India will also follow China. Full Story

By: Chris Mullen, Gold-Seeker.com - 19 May, 2014

Gold climbed $12.03 to $1305.13 at about 8:30AM EST, but it then fell back off for most of the rest of trade and ended near its last minute low of $1292.59 with a gain of just 0.04%. Silver slipped to as low as $19.338 and ended with a gain of just 0.15%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 19 May, 2014

The gold price closed at $1,293.1 down $2.50 on Friday, in New York. In Asia the price rose $3.6 ahead of London’s opening, but London took it over $1,300. The gold Fixing was set at $1,301 up $7.25 and in the euro at €948.666 up €5.493 while the euro stood at $1.3714. Ahead of New York’s opening the gold price stood at $1,300.2 and in the euro at €947.70. Full Story

By: GoldCore - 19 May, 2014

Over the weekend, incoming Indian leader Modi told thousands of supporters that he represents a break from past governments after winning the nation’s biggest electoral mandate in 30 years. Last week, Reserve Bank of India Governor Raghuram Rajan said that the new Indian finance minister will decide on easing gold import curbs. Full Story

By: Manan Somani, Insignia Consultants - 19 May, 2014

Gold and silver are in a neutral zone and will see big one way five percent one way moves this week. The longer gold trades over $1260 the chances of a big rise are higher. Fundamentally gold is bearish. However Indian gold demand should rise more so after the victory to NDA let government. Once the process of higher growth starts in India and retail investors make some short term quick profits from Indian stock markets, a part of the proceeds profits will move into gold. Full Story




© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.