GoldMoney News Desk

$37.48 was yesterday’s silver price high, followed by a plummet down to a low of $34.06 – recovering slightly to just under $35. The story was the same in gold, with a dramatic $100 smack...

The silver price streaked higher yesterday, with Comex silver for delivery in March gaining 4.6% to settle at $37.14 per troy ounce – the highest settlement price since September. Gains in the...

At long last: the ratings agency Standard & Poor’s has deemed Greece to be in “selective default”. The European Central Bank has temporarily suspended the use of Greek bonds as...

Precious metal prices have endured a correction in trading this morning, following last week’s impressive gains. Gold remains above support at $1,750, while silver is still above the important...

Vietnam's economy is facing hard times and the communist government is desperately seeking ways to solve the crisis affecting the country. In the past two years the Vietnamese central bank has taken a...

Another day, and another surge in precious metal and crude oil prices. Yesterday Brent crude priced in sterling and euros hit new record highs, and moved above $124 a barrel in trading for a short...

For the first time in three years the slowdown in the eurozone is negatively affecting trade with important Asian exporters such as Japan, China, South Korea and Thailand. Owing to last year's floods,...

Platinum prices jumped to their highest level in five months yesterday on the back of strength across the entire commodity complex, and supply concerns owing to an on-going strike at the Rustenburg...

As a result of the current bull market in precious metals, most silver producers are reporting solid profits. Market observers believe that in the years ahead silver demand will grow, resulting in...

Gold and silver prices as well as equities and industrial commodities had another strong day yesterday, as traders dashed back into “risk” positions. In America the Dow Jones Industrial...

Gold and silver have opened today on a strong note – silver in particular buoyed by signs that at long last, we may be reaching a definitive deal on a €130 billion bailout that will allow...

According to the World Gold Council’s (WGC) latest analysis of the gold market, during 2011 Chinese jewellery demand increased significantly to 756.8 metric tons – a 20% increase in...

Yesterday the World Gold Council released its “Gold Demand Trends” for Q4 and full year 2011, billed as “the leading industry resource for data and opinion on world-wide gold...

Yesterday was another quiet day as far as gold and silver prices were concerned, with both metals continuing to range trade. Upside momentum that bulls had at the end of January following the Federal...

Up, down, up, down. One minute the markets sense signs of improvement in the eurozone, and stocks and commodities go up and the dollar goes down. Then there’s some bad news and stocks and...

Kyrgyzstan's economy is being hurt by strike activities at its largest mine. Ever since it started operating in 1996, local supporters and opponents of the Kumtor mine have not been able to reconcile...