Crude oil remains weak in European morning as there’s lack of upbeat economic data to offset the bearish inventory report. Currently trading at 68.5, the benchmark contract for crude oil stays within…
Category: Gold
Gold Price Not Inflation Driven?
By Boyd Erman Globe and Mail Wednesday, September 23, 2009 It seems a shame to trash the party just when it’s finally becoming fun to be a gold bug. Bullion is flirting…
Gold & Euro Tied Together as US Dollar “Loses Safe Haven Status”
By: Adrian Ash, BullionVault London Gold Market Report THE PRICE OF GOLD dipped 0.5% Wednesday morning in London, slipping to $1,012.50 per ounce as Asian stocks closed the day lower but European…
Greg McCoach Sees $1,500 Gold This Fall
By: Greg McCoach, The Mining Speculator Post summer doldrums, we’re now beginning to see a nice fall run up in the price of gold—one that marks the beginning of a parabolic move,…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s choppy sideway trading continues and intraday outlook remains neutral for the moment. Some more consolidation could still be seen with risk of another fall to 983.2 support and…
Economic Dark Matter
By: Adrian Ash, BullionVault “A debt bubble, yes. But a consumption binge…?” IT’S A COMMON-PLACE of political, investment and bar-room debate that the Anglo-Saxon economies enjoyed a debt-fuelled consumer boom over the…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s rebound is so far still limited below 1025.8 and intraday outlook remains neutral. Some more consolidation could still be seen with risk of another fall to 983.2 support…
The Reason Why Gold Hasn’t Skyrocketed
With the printing presses in full printing mode, many people are questioning why gold prices haven’t gone higher – much higher. In my new video, I explain some of the subtle market…
Gold Daily Technical Outlook
Comex Gold (GC) Gold rebounds strongly ahead of 38.2% retracement of 931.3 to 1025.8. Intraday outlook remains neutral for the moment. On the upside, while another rise might be seen, it now…
Gold Daily Technical Outlook
Comex Gold (GC) Gold’s fall from 1025.8 extends further today and is back pressing 1000 level. As discussed before, a short term top is in place with bearish divergence conditions in 4…