
A long-feared trade war appeared to be shaping up between the US and China following Friday's tit-for-tat protectionist actions and words by each country. (Sep 14, 2009 9:14AM)
Gold prices climbed back above the $1,000 mark in overnight trade, after reports showing that China's economy is on an apparently stronger than strong track motivated global investors to once again seek riskier, and/or higher yielding assets. (Sep 11, 2009 12:01PM)
A second day of price pullbacks brought gold to a low of $982 earlier this morning and the metals' movements were seen closely tracking developments in the dollar and to a lesser extent, oil. A better than expected picture on the US unemployment front helped the dollar reclaim the 77-mark on the tra... (Sep 10, 2009 12:36PM)
Mildly corrective action continued in the precious metals complex overnight in the Asian and European market sessions. Gold traded in a fairly narrow, $10 range extending from $992 to $1002 and saw players holding back from significant commitments, as the US dollar regained some composure on the tra... (Sep 09, 2009 9:31AM)
I think we will come to define today as emotional. As has been typical with each previous approach of the $1K level, emotions are running as high as they can in various gold-related camps. Wild declarations shall be made during the course of the day -once gain- and the media will likely not need to ... (Sep 08, 2009 8:34AM)
Price ranges narrowed and action turned somewhat calmer in overseas precious metals markets overnight. The approach of the long weekend in the US and the imminent release of labour statistics might make for a strange combination on Friday. While some participants will be jockeying for positions -lon... (Sep 04, 2009 9:26AM)
Follow-through buying in the precious and not-so-precious metals continued overnight, as well as during the Thursday session, as yesterday's breach of technical resistance levels emboldened additional latecomer spec funds to the party. Early action this morning and during the day had gold continuing... (Sep 03, 2009 3:47PM)
Follow-through buying in precious and not-so-precious metals continued overnight, as the confidence inspired by yesterday's breach of technical levels emboldened additional latecomers to the party. Early action this morning appeared no different, as gold continued towards a test of the wills up near... (Sep 03, 2009 9:35AM)
Gold prices once again remained 'in the zone' overnight, unable to break to either side of the (narrowing) range we have now had in place for quite some time. (Sep 02, 2009 9:50AM)
Precious metals markets were essentially stalled near previous levels and they were seen quietly tracking investor sentiment following various economic data releases across the globe. (Sep 01, 2009 4:05PM)
Precious metals markets were essentially stalled near previous levels and they were seen quietly tracking investor sentiment following various economic data releases across the globe. The US dollar managed a gain of 0.21 on the trade-weighted index, rising to 78.33 ahead of this morning's start in t... (Sep 01, 2009 8:58AM)
China's falling equity index once again set the pace for overnight market developments around the rest of the world. Apprehensions about contracting credit and the realization that bullish speculative sentiment has been way out in front of economic realities dented the Shanghai Composite by nearly 7... (Aug 31, 2009 1:56PM)