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Gold broke the trendline evident at 1389 and travelled higher to 1407 overnight. We are still not sure about this rally due to the overbought conditions evident on the charts but as yet we are not...
Spot Gold – First Close Above 1400 Since June For the first time in over 2.5 months, Gold has closed above the 1400 key level after a brief consolidation to start the week. Although there was a...
Gold broke to a new high on Friday as expected after recent sideways price action above 1350 area, which was a fourth wave so now market is in wave five, final leg of an impulsive move which means...
CLCrude oil futures fell on Monday after data revealed sales of durable goods in the U.S. were soft in July and painted a picture of an economy still battling headwinds as it recovers and will demand...
Multibillion-dollar capital expenditures for precious metals projects have gone the way of the dinosaur, says Ash Guglani, research analyst at Salman Partners. In this interview with The Gold Report,...
Shares in Petromanas Energy (TSX-V:PMI) are up approx. 65% since the Calgary-based, Albania-focused oil and gas explorer announced an operational update and Q2 results last Thursday.Petromanas is...
It's time again for my weekly gasoline update based on data from the Energy Information Administration (EIA). Rounded to the penny, the average for both Regular and Premium are unchanged. Regular and...
What is happening in India is a prelude to what will be seen in other economies in the coming years as currencies depreciate.Gold Spikes In India On Weaker RupeeGold spiked higher on the open in Asia...
It’s Myth-Busting Monday again, which means it’s time to address another bogus (but widely held) belief. Today, I’m zeroing in on the baloney that renewable energy sources promise...
Gold's daily chart has maintained its recovery of the past two months after rising from its late June multi-year low at 1180. The clear bullish trend of this two-month period has seen a well-formed...