Gold

Pre-Market Movers (Molina Healthcare, China TransInfo, Alcoa, Strategic Hotels, Bank of America, Barrick Gold)

June 9, 2012
By

Strategic Hotels Resorts Inc (BEE) stock gained 3.29 percent and rose to $6.27 in pre-market trading. The stock has a 52-week low of $3.76, a 52-week high of $7.62 and $1.24 billion in market capitalization. France Telecom SA (FTE) stock gained 1.60 percent to $12.05 in pre-market trading. The company’s stock declined more than...

Read more »

Mid-Session Gold Market Report

June 8, 2012
By
Mid-Session Gold Market Report

June 7, 2012 1:45 PM EDT Most traders think that gold prices were sunk as a result of Bernanke testimony this morning and that might be difficult to argue against. Perhaps the initial claims readings dampened expectations for a fresh easing move or perhaps that is giving the influence of the claims data too...

Read more »

(For the 12 years of this bull market in gold)

June 8, 2012
By
(For the 12 years of this bull market in gold)

– Posted Thursday, 7 June 2012 | | Source: GoldSeek.com (For the 12 years of this bull market in gold) Silver Stock Report Gold Prices have gone up for nearly 12 years now and have stabilized in recent months in a range around $1600 per troy ounce.  This is up 18% per year on...

Read more »

India a Major Force in Gold Outlook

June 8, 2012
By
India a Major Force in Gold Outlook

NEW YORK (TheStreet) — As gold prices traded near highs this week, demand has softened. Last week gold made new highs, but only for those buying and selling in rupees. The Indian rupee value has fallen so much against the dollar that gold is now making new highs in India. For gold bulls this...

Read more »

Trading the Yellow Metal

June 7, 2012
By
Trading the Yellow Metal

Gold (XAU/USD) has been used as a medium for exchange and a store of value for thousands of years. Normally known as a slow moving asset, gold began the last leg of its rally during the 2008 financial crisis. From the 2008 low, gold has rallied as much as 181% to its current all-time...

Read more »

Comex Gold Ends Modestly Up on Chart Consolidation; Bulls Still Have Some Momentum

June 7, 2012
By

By Jim Wyckoff Of Kitco News Editor’s Note: Watch Kitco Video News at the IPMI (International Precious Metals Institute) Conference Direct From Las Vegas June 9-12, 2012 Comex gold futures prices ended the U.S. day session modestly higher Tuesday. The market early this week is consolidating on the charts following last Friday’s big price...

Read more »

Gold Miner ETF Rebound Draws Bullish Options Trade

June 7, 2012
By
Gold Miner ETF Rebound Draws Bullish Options Trade

The $8.9 billion Market Vectors Gold Miners ETF (GDX – News) was up 23% from its May 16 intraday low in early trading Wednesday. The recent bounce in the long-suffering ETF has attracted bullish activity in the options market, according to reports. Contracts on ETFs can be traded just like individual stocks and indices....

Read more »

Forex Quotes

Currency Calculator