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Gold in shackles amid poor market sentiment Gold in shackles amid poor market sentiment(0)

Gold bugs may be loving the favorable winds that are carrying the price of the yellow metal upwards, but few analysts believe that we are on the verge of a long-term surge. CONTINUE READING

Kyrgyz regains shine post-Kumtor dispute Kyrgyz regains shine post-Kumtor dispute(0)

Kyrgyzstan’s economic prospects have brightened after the country appears to have resolved a major issue with one of its largest foreign investors. CONTINUE READING

Analysts: Worst of gold free-fall not yet over Analysts: Worst of gold free-fall not yet over(0)

Gold appears to be on a long-term decline as its cover of a so-called safe-haven is blown. CONTINUE READING

denn / Foter.com / CC BY-SA
Geopolitical tension boosts gold prices to USD1,400 Geopolitical tension boosts gold prices to USD1,400(0)

After plunging to a three-year-low in late June to USD 1,180 per ounce, gold has bounced back to above USD 1,400 by September 3. CONTINUE READING

bogenfreund / Foter / CC BY-SA
Lackluster gold dampens South Africa’s prospects Lackluster gold dampens South Africa’s prospects(0)

Mining companies across the world are in retreat, which is set to adversely impact the South African economy. CONTINUE READING

Ben Cooper / Foter / CC BY-NC-SA
Gold to approach USD1,000/ounce mark by 2015 Gold to approach USD1,000/ounce mark by 2015(0)

Gold’s 12-year rally has ended. No matter what happens from here, it will be a new chapter in the trading of gold – post-rally, post-crash. CONTINUE READING

BullionVault / Foter / CC BY-ND
Kyrgyz counts cost of Kumtor gold mine dispute Kyrgyz counts cost of Kumtor gold mine dispute(0)

Kyrgyzstan’s economy was shaken last week after protesters disrupted the Kumtor gold mine, owned by Canadian company Centerra Gold Inc. CONTINUE READING

kvitlauk / Foter / CC BY-NC
Bearish outlook keeps gold investors at bay Bearish outlook keeps gold investors at bay(0)

Yellow metal investors have seen red over the past few days, as key market makers turned their backs on gold. CONTINUE READING

Central banks seen ditching USD, EUR for gold Central banks seen ditching USD, EUR for gold(0)

Can the US dollar ever be displaced? With its biggest rival euro in the doldrums and the Chinese renminbi nowhere near a currency of global standing, the American greenback seems destined to dominate global financial trade. But its status as a reserve asset is slowly eroding. CONTINUE READING

What’s holding gold back? What’s holding gold back?(0)
digitalmoneyworld / Foter / CC BY

Gold was supposed to be off to the races after Ben Bernanke announced that the Federal Reserve will unleash a third version of quantitative easing and continue supporting until U.S. unemployment figures improved. CONTINUE READING

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