Search Results for: Gold prices
Saudi Arabia seeks $8bn loan to plug fiscal deficit caused by low oil prices
March 10th, 2016
Saudi Arabia is looking to raise as much as $8bn (£5.6bn; €7.3bn) from international lenders to help plug a record budget deficit caused by low oil prices. Citing sources, the Wall Street Journal said the kingdom is also considering ...
Gold price forecast revised. What a ABN Amro analysis suggest?
March 7th, 2016
Gold to average $1,200 through 2016 Analysts revise price forecast as gold posts stellar performance in the first two months of the year Gold, which has staged a stellar performance this year – climbing about 19 per cent in ...
Gold edged higher on Thursday
March 3rd, 2016
Gold still in vogue as fund flows counter risk appetite revival * Gold has risen 17 pct this year, not far below 1-year peak * Market eyeing Friday’s U.S. nonfarm payrolls Gold edged higher on Thursday as strong inflows ...
Deutsche Bank: It’s time to buy gold
February 29th, 2016
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday. The recovery since the global and European financial crises had put theprice of gold under some pressure. The ...
Gold Becomes the Biggest Winner of 2016
February 29th, 2016
Money managers boost net-long positions to highest in a year Inflows to SPDR Gold Shares beat all other U.S. ETFs Gold’s comeback is dominating 2016. The precious metal is the year’s best-performing major asset. Its 15 percent gain is ...
The true role of gold
February 19th, 2016
At a time of growing concern about the global financial system, it is time to remind ourselves why physical gold is so important for the benefit of the nearly three quarters of a million BitGold and GoldMoney customers, as ...
Gold rebounds from three-day slide ahead of Fed minutes
February 18th, 2016
Gold held onto earlier gains and snapped three days of losses on Wednesday, after minutes of the U.S. Federal Reserve’s latest meeting showed policymakers considered changing their planned path of interest rate hikes in 2016. “If the recent tightening ...
Gold outlook improves
February 12th, 2016
There is a conflation of three related events that materially alter the prospects in favour of a higher gold price. The change in the outlook for US interest rates has probably put an end to the dollar’s four-year bull ...
Reversal Of Fortunes: Capital Pours Out Of Banks And Into Gold
February 12th, 2016
For banks, the recent news is pretty grim. But it’s about to get much worse, based on the following: Yield Curve Flattens: Now 10-Year Yields Just 1% More than 2-Year (Barrons) – Ye olde yield ...
Gold demand resilient in 2015 as central banks and consumers spur strong H2 recovery
February 11th, 2016
Global gold demand in 2015 was virtually flat compared to 2014 at 4,212 tonnes (t), according to the World Gold Council’s latest Gold Demand Trends report. Despite a challenging start to the year, gold demand rebounded in the second half ...
