Search Results for: gold price
Schroders Investment Management launches gold shares fund
June 30th, 2016
Schroders Investment Management has launched a gold equities fund. The Schroders ISF Global Gold fund will be managed by James Luke and Mark Lacey, who are members of Schroders’ commodities team. Luke is a precious metals analyst and has over ...
Oil prices fall as Brexit lingers, refined products glut looms
June 27th, 2016
Oil prices stabilized on Monday as market participants better absorbed the shock of last week’s vote in Great Britain to leave the European Union and recognized the referendum would have little effect on global fuel demand. Brent crude futures ...
Oil prices above $50, buoyed by U.S. stock draw
June 22nd, 2016
Oil prices rose in Asian trading on Wednesday, with U.S. crude joining Brent above $50 a barrel after data from the American Petroleum Institute (API) showed a larger than expected draw on stocks. U.S. crude futures’ August contract, the ...
The pensions mess: can gold help?
June 14th, 2016
The British have recently seen two unpleasant examples of the cost of pension fund deficits. A deficit at British Steel, estimated to be about £485m, was followed by a deficit at British Home Stores of £571m. In both cases, ...
Bitcoin Price Hits Two-Year High
June 14th, 2016
The price of the digital currency bitcoin hit a two-year high, trading above $700 on Monday morning after it spiked 21% over the weekend as traders raced in front of an unusual event called the “halving,” an adjustment to ...
George Soros Is Back In The Cockpit And He’s Buying Gold Stocks
June 10th, 2016
George Soros is back in the cockpit. The billionaire fund investor is reportedly responsible for a series of bearish bets made by Soros Fund Management, a $30 billion “family office,” made earlier this year. The Wall Street Journal’s Gregory Zuckerman made a splash ...
Silver Acting Like ‘Gold on Steroids’ as Assets Near Record High
June 10th, 2016
ETFs backed by silver have seen assets increase for 8 days Prices are up 25% in 2016, tracking similar rally in gold For all the concerns whether the rally in precious metals will last, investors are close to making ...
Gold – a reasonable correction?
June 3rd, 2016
Gold weakened during May by about $100, from a high point of $1300 to a low of $1200. This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which ...
Oil prices dip on strong dollar, rising Canadian output
May 30th, 2016
Oil prices dipped on Monday as a strong dollar weighed on markets and Canadian oil sands production was expected to increase this week. Crude markets, however, did receive some support from the start of the U.S. summer driving season ...
Gold Sinks as Dollar Gets Boost From Yellen; Japan’s Stocks Rise
May 30th, 2016
Yen drops to one-month low as Abe aide signals tax-hike delay Yuan retreats as PBOC sets weakest fixing in five years Gold fell for the ninth day in a row, its longest losing streak in a year, and the ...
