Search Results for: gold
Gold upswing After Goldman Says It Is Time To “Put Rate Hikes On Hold For Now”
April 6th, 2015
With heavy moves on the markets last weekend , Exante report on recent upswings While equity futures are modestly higher compared to Friday’s early 9:15 am close, where only a short, 45 minute long bloodbath was allowed on Good Friday ...
ASIC issues warning about Grandegoldens
March 30th, 2015
ASIC cautions Australian investors in the retail foreign exchange industry in regard to dealing with a company named Grandegoldens Pty Ltd (ACN 080 952 245). ASIC has become aware of a website, http://www.grandegoldens.com, that is offering services in the ...
Goldman Overtakes JPMorgan in Commodities After Mercuria Sale
March 27th, 2015
Goldman Sachs Group Inc. earned back its place as the largest bank by commodities revenue after JPMorgan Chase & Co. sold its physical raw-materials business. JPMorgan, which made the most money from commodities among the top 10 investment banks ...
Bullion Capital Forecasts Surge in Demand for Physical Gold
March 24th, 2015
Bullion Capital, the world’s leading membership-based exchange for the trade of physical gold, silver and platinum, today announced that following the recent SNB events, they have experienced record expansion levels and predict a surge in physical gold acquisition and ...
Citibank Sues Two Former Goldman Sachs Partners Over $29 Million Swiss Franc Margin Call
March 19th, 2015
The sharp and unexpected rise of the Swiss franc in January resulted in big losses for hedge funds, investment banks and other currency speculators, even causing some hedge funds to shut down. Now, there is a lawsuit over a ...
Commodities: Gold sinks ahead of Fed meeting
March 18th, 2015
Gold prices receded to a four-year low ahead of the Federal Reserve meeting as investors buckled under expectations the policy-making committee will prepare markets with a hike in interest rates. Gold futures for April delivery fell 0.4% to $1,148.20 ...
World’s First Self-Directed, Gold-Backed Currency Mechanism
March 17th, 2015
Global Payout, Inc. (OTC Pink: GOHE), a leading provider of international electronic payment solutions, announced today that it has completed the formation of a joint venture that will launch the world’s first, self-directed, and gold-backed currency hedge mechanism in ...
HKFE to Suspend Trading of its Gold Futures
March 16th, 2015
Hong Kong Futures Exchange Limited, a wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), is suspending trading of its Gold Futures after the market close today (Friday). As of today’s market close, there were no contract months with ...
GFG Market Insight – Will Gold Go Below $1,000?
March 13th, 2015
In Brief: Gold’s charts suggest this precious metal may decline below $1,100 per ounce in the near-term. If this proves true and gold’s buyers fail to step up and support gold at those levels, gold appears poised to drop quickly below ...
Goldman Sachs Report Says Bitcoin Could Shape ‘Future of Finance’
March 12th, 2015
Bitcoin and cryptocurrencies are part of a technology “megatrend” that could change the fundamental mechanics of transactions, according to a new report from Goldman Sachs‘ equity research analysts. Bitcoin, along with improved payment security, ‘big data’ analytics and faster ...
