News Articles

January-to-September saw 264 tonnes added to official-sector gold holdings says a note from Australia-based financial group Macquarie, "by far the most at this stage of the year of any period in the last six years." . . . .

The past few trading days have seen the gold price hovering above and below the $1,200 mark in the light of a stronger dollar and a lack of Chinese data due to the nation’s Golden Week holiday this week . . . .

India’s gold imports may rise in the fourth quarter as investors seek alternatives to faltering equity markets and a plunging rupee . . . .

Gold prices surged more than 1% higher on Tuesday, climbing back above the psychologically important $1,200 level amid increased safe haven demand as concerns over Italy’s fiscal issues hit financial markets . . . .

Italy’s budget turmoil is giving gold and silver an added haven-demand boost at a time when fund managers are rebalancing their asset mix . . . .

If history is a guide, Silver is currently closer to a short-term low than a high . . . .

There has been a recent change for the better in central bank attitudes to gold . . . .

Now looks like a good time to buy gold. But you need to watch this chart . . . .

This year has been especially lackluster for Gold. Its price has slumped 8%, to about $1,200 an ounce, and is off more than 35% from its high of $1,900 in 2011. Adding insult to injury, Vanguard will soon rechristen the largest Gold-oriented U.S. mutual fund and shift its focus away from the metal . . . .

The Russian central bank has just released the latest figures for its August foreign exchange reserves and reveals it has added a further 1 million ounces of gold (31.1 tonnes) to its reserves that month . . . .