Barry Stuppler

Even though the gold price suffered a sharp drop in September, at the end of the third quarter the yellow metal was trading 8% higher than the previous quarter. Many have taken advantage of the lower prices around $1,610 per troy ounce to enter long positions. Even if some market participants might have lost confidence after this sharp price drop in the precious metal sector, the fundamentals that are underpinning the gold bull market remain unchanged. Due to the escalating European sovereign debt crisis, which could lead to the disintegration of the eurozone, many investors still judge gold to be....

WASHINGTON (Reuters) - World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy. "Unless Europe, Japan, and the United states can also face up to responsibilities they will drag down not only themselves, but the global economy," Zoellick said in speech at George Washington University.

"They have procrastinated for too long on taking the difficult decisions, narrowing what choices are now left to a painful few," he said ahead of meetings of the World Bank and International Monetary Fund next week.

His bluntly-worded speech highlighted mounting fears among global policymakers about ....