Search Results for: metals
Dollar index was trading near an over one-week low; Gold inched lower on Tuesday
November 20th, 2018
Gold inched lower on Tuesday, trading in a tight range ahead of a U.S. holiday, but the metal held above the 1,220 level as the dollar was pressured by weak U.S. economic data and a clouded interest rate outlook. ...
Company and individual charged for $170 Million Ponzi Scheme
November 19th, 2018
The Commodity Futures Trading Commission (CFTC) and the Utah Department of Commerce, Division of Securities, through its Attorney General, jointly filed a civil enforcement action in the U.S. District Court for the District of Utah, Central Division, against Defendants ...
Mining bitcoin uses more energy than what’s needed to excavate gold, platinum or copper: study
November 8th, 2018
Extracting a dollar’s worth of cryptocurrency such as bitcoin from the deep Web consumes three times more energy than digging up a dollar’s worth of gold, according to researchers. There are now hundreds of virtual currencies and an unknown ...
Gold Is Becoming Cool Again
October 31st, 2018
The sentiment shift is still subtle, but it’s both real and widespread. After a few years of being ignored and/or dismissed as basically useless, gold is cool again, attracting positive press and increasing accumulation by big investors. India, for ...
Gold prices rise as global stocks drop
October 19th, 2018
Gold has risen overnight as renewed weakness in global stock markets spurred investors to seek refuge in bullion, which has also been helped by an improved technical outlook. Spot gold rose 0.3 per cent to $US1,226.11 per ounce, while ...
Last week was just a taste of the coming gold short squeeze
October 17th, 2018
The gold and silver futures markets got even more unbalanced last week, with speculators (who are usually wrong at the extremes) going as short as they’ve ever been and commercials going even more long. Here’s the gold data in ...
Australian dollar to U.S. dollar declined, Gold fell; Key events coming up this week
September 24th, 2018
Stocks in Hong Kong fell with U.S. equity futures and the Australian dollar after China called off planned trade talks with U.S. officials, potentially triggering an escalation in the protracted tariff war between the world’s two-biggest economies. While the ...
Early Traders Review: The Euro and Yen up against the Dollar; Asian Stocks fell
September 17th, 2018
Asian stocks fell with emerging-market currencies after the latest U.S. move to place a further tranche of tariffs on Chinese goods and amid signs some central banks are struggling to stabilize their currencies. The dollar maintained gains. Shares in ...
Gold And Silver Are Acting Like It’s 2008. They May Be Right
September 6th, 2018
2008 has special significance for gold bugs, both because of the money they lost in August of year and the money they made in the half-decade that followed. Today’s world is beginning to feel eerily similar. Let’s start with ...
Paper gold not so shiny anymore: Prices hit 19-month low as speculators ‘give up hope’
August 22nd, 2018
The price for gold – which has traditionally served as a haven asset for investors – has fallen by nine percent so far this year. Holders of gold futures contracts, not the physical metal, are shorting their positions. Last ...
