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Gold Edges Higher Ahead Of Fed Policy Statement

June 19, 2013 – 1:38 PM Comments Off

Gold edged higher on Wednesday as stock markets retreated ahead of a Federal Reserve policy statement, but uncertainty over the future of US central bank’s quantitative easing programme kept it in a narrow range.
Fed Chairman …

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Is Silver Lost in the Gold Market Spiral?

June 17, 2013 – 5:13 PM | Comments Off
Is Silver Lost in the Gold Market Spiral?

In today’s “Futures In Focus,” Suki Coper, precious metals analyst at Barclays, examines the silver market and the impact of gold’s price drop on the metals markets. She speaks on Bloomberg Television’s “Market Makers.”
Source: Bloomberg

Gold Bear Flexes Its Muscles

June 11, 2013 – 12:17 PM | Comments Off
Gold Bear Flexes Its Muscles

Integrated Brokerage Head of Precious Metals Trader Frank McGhee discusses the price of gold with Alix Steel on Bloomberg Television’s “Lunch Money.”
Source: Bloomberg

Bart Melek Discusses Precious Metals and His Investment Strategy

June 6, 2013 – 1:04 AM | Comments Off
Bart Melek Discusses Precious Metals and His Investment Strategy

TD Securities Head of Commodity Strategy Bart Melek discusses precious metals and his investment strategy with Alix Steel on Bloomberg Television’s “Lunch Money.”
Source: Bloomberg

Dr. Doom’s Reasons for Falling Gold Prices

June 4, 2013 – 1:48 PM | Comments Off
Dr. Doom’s Reasons for Falling Gold Prices

In today’s “Morning Must Read,” Bloomberg’s Sara Eisen and Scarlet Fu recaps the op-ed pieces and analyst notes providing insight behind today’s headlines. She speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Source: Bloomberg

Gold Tarnished as Hedge Funds Move to Equities

May 29, 2013 – 12:42 AM | Comments Off
Gold Tarnished as Hedge Funds Move to Equities

Bloomberg’s Alix Steel examines hedge funds leaving their gold positions and gold miners facing stock declines as volatility spikes in the gold market on continued Federal Reserve action. She speaks on Bloomberg Television’s “In The …

Gold a `Good Buy’ at Current Levels, Barratt Says

May 27, 2013 – 10:54 AM | Comments Off
Gold a `Good Buy’ at Current Levels, Barratt Says

Jonathan Barratt, chief executive officer of Barratt’s Bulletin, a commodity newsletter in Sydney, talks about metals. He also discusses the outlook for the Australia dollar. He speaks with Rishaad Salamat on Bloomberg Television’s “On the …

Platinum and Palladium Shine as Gold Tumbles

May 22, 2013 – 4:59 PM | Comments Off
Platinum and Palladium Shine as Gold Tumbles

On today’s “Futures In Focus,” Bloomberg’s Alix Steel examines how use in catalytic converters has lifted platinum and palladium prices as gold and silver have fallen into a bear market. She speaks on Bloomberg Television’s …

Soros Fund, Northern Trust, and BlackRock Reduce Exposure to Gold

May 16, 2013 – 5:00 PM | Comments Off
Soros Fund, Northern Trust, and BlackRock Reduce Exposure to Gold

Billionaire investor George Soros joined Northern Trust and BlackRock in cutting holdings of exchange-traded products backed by gold before a bear market in prices last month, while John Paulson maintained a stake that lost about …

South Africa May Soon Be Producing Gold at a Loss

May 10, 2013 – 12:18 PM | Comments Off
South Africa May Soon Be Producing Gold at a Loss

South Africa isn’t the only gold producer facing the problem of lower gold prices and higher production costs. Diana Kinch discusses whether other gold-producing countries will also consider cut-backs.
Source: Bloomberg

Gold Is Still Best Store of Value, Elliott Management

May 6, 2013 – 4:14 PM | Comments Off
Gold Is Still Best Store of Value, Elliott Management

 Gold remains the best store of value in an uncertain global economy, Elliott Management Corp. told clients even as the $21.8 billion hedge-fund firm founded by Paul Singer lost money on its bullion position this …