Precious Metals "Still a Risk Asset" as Indian Demand to Buy Gold Falls 56 ...
Tue, 03 Jan 2012 05:44:26 -0800

Prices to Buy Gold rose Tuesday morning as dealers in London heart of the world's wholesale bullion market returned from the New Year's holiday. Gold recovered almost all of last week's 5% drop before edging back to $1592 per ounce a price first ...

Gold prices may touch $ 2000 an ounce in 2012: Study
Sat, 07 Jan 2012 21:39:33 -0800

According to the annual London Bullion Market Association (LBMA) survey which covered 26 precious metal analysts, the average forecast for the precious metal for 2012 is USD 1766 per ounce. The average forecast for gold this year (USD 1766 per ounce), ...

Can Gold Fund Reclaim Title of World's Largest ETF?
Thu, 05 Jan 2012 11:18:47 -0800

An exchange traded fund that holds gold bullion briefly wrestled away the title of the world's largest ETF over the summer, before falling prices and investor outflows cut into the fund's assets under management. Currently, the gold ETF houses about ...

bullion morning - Gold recovers from 5-month low in thin year-end volumes
Fri, 30 Dec 2011 03:12:09 -0800

It fell to a five-month low of $1522.60 in the previous session after declining for most of the week but remains the best-performing precious metal of the year, rising more than 10 percent. "Gold saw some buying overnight in Asia and it's still ...

Poll: Coin Dealers Predict Gold, Silver Up in 2012, But Estimates Vary
Tue, 27 Dec 2011 07:18:36 -0800

"These are professionals with an average of over 35 years each of frontline experience buying and selling American Eagles, Canadian Maple Leafs, South African Krugerrands and other precious metals bullion and rare coins with the public. ...

Bullion Nearing Important Support
Thu, 15 Dec 2011 22:02:01 -0800

A land developer, professional numismatist, self-taught bullion trader and investor since 1980, Gene Arensberg analyzes technical and fundamental developments in the precious metals markets. In 2000 Gene started sharing his own market research with ...

precious -Gold hovers at 2-1/2 month lows as selling resumes
Thu, 15 Dec 2011 15:03:09 -0800

The precious metal has lost 11 percent of its value this month, putting it on track for its first monthly fall since September and its weakest December since 2008, when the global credit crunch was at its worst. breaks ranks bullion fell in tandem with ...

Gold watchers predict rough ride after 11 years of gains
Sun, 01 Jan 2012 13:21:50 -0800

That's the big question for gold investors this year: After 11 consecutive annual gains, will the precious metal's price rally for a 12th year in 2012? The metal's upward trend hit a speed bump in the later months of 2011. Bullion , touted by gold bugs ...

Gold rises with oil, breaks ranks with euro
Tue, 03 Jan 2012 21:06:18 -0800

By Frank Tang and Amanda Cooper | NEW YORK/LONDON (Reuters) - Gold rose around 1 percent on Wednesday, breaking ranks with the euro as renewed hedge fund and technical buying put the precious metal on track for its fourth straight day of gains. Bullion ...

Bullion , jewels among stolen haul found by cops
Wed, 28 Dec 2011 18:15:39 -0800

The $6.5 million haul - including 120 kilograms of silver bullion , thousands of pieces of jewellery, family heirlooms, precious gems and $4 million in cash - was found at a storage unit in Crystal Street, Waterloo yesterday. ...

Pan American Metals of Miami says Indian Jewelers Rush to Re-Stock Gold Supplies
Fri, 06 Jan 2012 22:20:15 -0800

A stronger rupee helped to make the precious metal more affordable. India is the world's largest consumer of gold bullion but demand had fallen off recently, partly due to the higher cost of gold against a weak rupee but the rupee rose against the ...

Gold forecast to hit new high in 2012
Fri, 06 Jan 2012 08:41:50 -0800

The forecasts from 26 of the largest bullion -dealing banks and trading houses highlight the almost undimmed bullishness about gold among precious metals analysts and traders despite a punishing price fall in recent months. All but three forecasters ...

precious metals: Gold Under Pressure Amid Thin Trading In Asia
Thu, 22 Dec 2011 02:10:19 -0800

In silver, bullion refiner MKS Finance said in a note that "pressure feels heavier on the grey metal as it struggles to back above $30/oz." At 0525 GMT, spot silver was at $29.07/oz, down 25 cents, while both platinum and palladium were down $8 at ...

The Coin Analyst: 2011-2012 Bullion Overview
Thu, 29 Dec 2011 14:43:41 -0800

This one covers precious metals. 2011 has been a roller coaster of a year for precious metals. This article only addresses gold and silver, but it is also worth keeping an eye on platinum, which I believe is undervalued at today's $1400 level. ...

precious metals highlights: Top Stories Of The Day
Fri, 16 Dec 2011 13:34:45 -0800

The sell-off has lopped almost $171 off the price, leaving bullion at $1574.60 a troy ounce, the lowest closing price since July 12. LONDON (Dow Jones)--The Philippines's central bank lifted its gold reserves 19000 troy ounces in October, ...

Precious Metals, Miner ETFs Off to Strong Start
Tue, 03 Jan 2012 11:16:41 -0800

Precious metal and miner ETFs stumbled into the end of 2011 but surged on the first trading day of the new year. [Gold Miner ETFs Hit Low] The rally carried the gold bullion ETF to within striking distance of its 200-day moving average. ...

TD Joins London Bullion Market Association as Full Member
Wed, 21 Dec 2011 11:14:38 -0800

21, 2011 /PRNewswire/ - The Toronto-Dominion Bank (TD) today announced that it has become a full member of the London Bullion Market Association (LBMA), bolstering its wholesale sales and trading offering in the precious metals market. ...

Heraeus Gold Bullion Kinebar launched by Gold De Royale
Fri, 06 Jan 2012 00:11:55 -0800

In this age of smuggling and forgery, this invention was called the hallmark of precious metal trade. Indians, Chinese and Vietnamese are top buyers of the Argor Heraeus gold kinebar. The Argor Heraeus gold bullion kinebars are refined to a purity of ...

Pan American Metals of Miami says Dollar Will Not Last as a Safe Haven
Tue, 27 Dec 2011 22:20:01 -0800

Precious metals bullion is an asset that has an intrinsic value and cannot be debased in the same way as paper currency." Pan American Metals of Miami deals in precious metals bullion : gold, silver, platinum and palladium. Both leveraged and fully ...

bullion morning - Gold hits 10-day trough as traders square books amid low ...
Wed, 28 Dec 2011 02:52:46 -0800

"The rebalancing of the commodity indexes will accelerate selling during the first half of January and a cautious approach towards the gold price seems prudent," Gerry Schubert, head of precious metals trading at Emirates NBD, said. ...