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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.
Bank Of Japan Move Disappoints Markets By GoldMoney News Desk - Oct 31, 2012

The weakening Japanese economy and concerns that the country is heading towards deflation led the Bank of Japan to announce further monetary easing measures yesterday. This is the second month in a...

Zimbabwe's Gold Production A Shadow Of Its Former Self By GoldMoney News Desk - Oct 30, 2012

Despite its natural endowment of resources such as gold, platinum, palladium and many other precious, rare metals, the Southern African state of Zimbabwe has not been able to profit from the...

US GDP Data: More To It Than Meets The Eye By GoldMoney News Desk - Oct 29, 2012

A sense of trepidation looms as residents on the northeastern US coast batten down the hatches in preparation for Hurricane Sandy. With storm surges expected to run at five to nine feet, low lying...

Index Change To Benefit Precious Metals By GoldMoney News Desk - Oct 26, 2012

Safe-haven trades have increased in popularity over the last 24 hours, with news of disappointing Q3 earnings from Apple and a lack of agreement over the terms of the next tranche of aid to Greece...

German Gold Back In The News By GoldMoney News Desk - Oct 24, 2012

A raft of disappointing U.S. corporate earnings results yesterday led to another bad day for “risk” assets, with stocks and commodities struggling. The Dow had its worst session in more...

Gold And Silver Take A Beating By GoldMoney News Desk - Oct 22, 2012

Gold and silver struggled again on Friday, with a pickup in the US dollar versus the euro hurting bullion prices. December delivery Comex gold fell 1.2% to settle at $1,724 per troy ounce. The two-day...

Investors Seeking Allocated Gold By GoldMoney News Desk - Oct 19, 2012

Another weak day for gold and silver, Thursday, continued during Asian and European trading Friday, with gold falling below $1,750 and silver once again trading under $32.50. Thursday brought mixed...

Moody’s Grants Spain A Stay Of Execution By GoldMoney News Desk - Oct 17, 2012

The rating agency Moody’s decision to hold off on downgrading Spanish bonds to junk status has lifted Spanish and Italian bond prices, as well as the euro. Stocks and industrial commodities have...

Lagarde And IMF Shifting To More Dovish Stance By GoldMoney News Desk - Oct 15, 2012

Last week marked a very definite pause in the rally in the euro, stocks, commodities and gold that we’ve seen since the Federal Reserve and European Central Bank’s new stimulus measures...

CNY/USD Hits 19-Year High By GoldMoney News Desk - Oct 12, 2012

Precious metal prices crept higher yesterday, as expectations that Spain will request a bailout increased among traders. Gains in the EUR/USD continue to coincide with gains in metals and other...

Labor Strife Hammers Industrial Metals Miners, Prices Spike By GoldMoney News Desk - Oct 10, 2012

Strikes at South African mines have coincided with the sudden resignation of Aquarius Platinum's CEO. Stuart Murray has not offered any comments on his motives. But it seems clear that the situation...

Comex Selling Stymies Gold’s Advance By GoldMoney News Desk - Oct 10, 2012

Frau Merkel’s (swift) visit to Athens yesterday coincided with another weak day for the euro, which is now trading below $1.29, while yields on Spanish debt have nudged up by a couple of basis...

Bearish Report Hurts Stocks And Commodities By GoldMoney News Desk - Oct 08, 2012

Precious metals have started the week on a weak note, with gold falling back to $1,770 -- after reaching an 11-month high of $1,796 on Friday -- while silver is trading just below $34. Platinum and...

U.S. Jobs Data Next Test For Gold By GoldMoney News Desk - Oct 05, 2012

Yesterday European Central Bank President Mario Draghi reiterated his commitment to intervene in sovereign debt markets in order to reduce borrowing costs for struggling eurozone governments. This...

Reserve Bank Of Australia Joins The Party By GoldMoney News Desk - Oct 03, 2012

Gold continues to battle away at the $1,780/oz mark; over the last few days any pushes into the $1,780-1,800 band of have been rebuffed by selling. Early Monday afternoon (GMT) it looked as though...

$1,800: Third Time's A Charm? By GoldMoney News Desk - Oct 01, 2012

Another Monday and the start of another quarter. We are also heading into the Indian festival season, which is often a period of strength for precious-metals prices. Over the last decade, gold has, on...

Bank Of Japan Contemplates More Asset Purchases By GoldMoney News Desk - Sep 28, 2012

Gold and silver have been performing strongly over the last 24 hours, with the yellow metal now making tentative steps above $1,780. Silver is closing in on $35, while the Dollar Index is down 0.18%...

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