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GoldMoney News Desk GoldMoney News Desk

GoldMoney News Desk's Opinion & Analysis.
Featured here: a complete archive of all posts and research produced by GoldMoney News Desk, including current material.
Sell-Off Tests Gold Bulls By GoldMoney News Desk - May 09, 2012

Another tough day for precious metals yesterday, with gold, silver, platinum and palladium hit hard by hedge funds’ flight from equities and commodities. Concerns that Greece is on the verge of...

Gold Prices Fall As Traders Run To The Dollar By GoldMoney News Desk - May 08, 2012

The fallout from the weekend’s European elections continues, with leftist politicians in Greece now attempting to form a new “anti-austerity” coalition government, with one...

Stock Sell-Off Accelerates Following European Elections By GoldMoney News Desk - May 07, 2012

Gold and silver prices help up fairly well at the end of last week, considering the washout in equities and the broader commodity complex on Friday, following disappointing US nonfarm payroll numbers....

Gold Premium Over Platinum Increases By GoldMoney News Desk - May 06, 2012

In recent weeks the platinum price has been clearly underperforming in relation to gold, with gold now more than $100 more expensive than platinum. According to the latest report from the German...

ECB Rate Decision Pressures Gold By GoldMoney News Desk - May 06, 2012

The European Central Bank’s decision to leave interest rates unchanged at 1% pushed more traders out of commodities, with precious metals coming under more selling pressure following the news....

Eurozone Unemployment At Record Level By GoldMoney News Desk - May 03, 2012

Mario Draghi, the head of the European Central Bank, is in Barcelona today and the ECB will announce its latest decision on interest rates later today. Analysts expect the bank of maintain rates at...

Space: The Final Gold Rush Frontier By GoldMoney News Desk - May 03, 2012

Last week the company Planetary Resources held a press conference to discuss whether the production of precious metals on Near Earth Asteroids might soon become a reality.Analysts, commodity producers...

Dow Floating On A Sea Of Funny Money By GoldMoney News Desk - May 02, 2012

The Dow Jones Industrial average closed at 13279.32 yesterday – the highest close since December 31, 2007. It’s an old Wall Street adage that “selling in May” is a good idea,...

Fat-Finger Trade Or Not? By GoldMoney News Desk - May 01, 2012

The gold price was basically flat over the course of yesterday, starting the session just above $1,660, and finishing just above $1,660. Of note though was a large sell-off at the beginning of...

Missouri Considers Precious Metal Possible Tender By GoldMoney News Desk - Apr 30, 2012

Missouri is the latest U.S. state looking to follow Utah's example by allowing physical gold and silver to be used as legal tender. According to the American Constitution, gold and silver coins --...

World Silver Survey 2012 Confirms Bullish Picture By GoldMoney News Desk - Apr 29, 2012

The Silver Institute's "World Silver Survey 2012" report hasn’t surprised investors and market participants. Silver mining output hit record highs last year, while silver demand from end users...

Spanish Unemployment Rate: Bad To Worse By GoldMoney News Desk - Apr 27, 2012

European governments are collapsing left right and centre, Standard & Poor’s have just downgraded Spain’s credit rating by two notches, and new data out this morning shows that close...

Chairman Bernanke Delivers Cautious Message By GoldMoney News Desk - Apr 26, 2012

“Steady as she goes” was the message from Federal Reserve Chairman Ben Bernanke during a press conference yesterday following the Fed’s latest Open Market Committee meeting. Though...

Syrian Regime Selling Gold: April 22, 2012 By GoldMoney News Desk - Apr 22, 2012

Bashar al-Assad's Syrian regime is under increasing financial pressure as the economic sanctions imposed by western states and some Arab nations are hurting the country. According to Western...

Gold Consolidation Continues: April 19, 2012 By GoldMoney News Desk - Apr 19, 2012

Another quiet day for precious metals yesterday. Gold continues to face resistance at and around $1,650, while silver remains holed below $32. The most actively traded Comex gold contract, June,...

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