News Articles

Steelmaking raw materials stand to benefit if Republican candidate Mitt Romney wins next week’s U.S. election, while a victory for President Barack Obama would aid gold, Alfa Bank said . . . .

Where does Germany keep its gold reserves? It might sound like a silly question. In Germany, of course. Probably in a very deep vault somewhere in Frankfurt, surrounded by the best security systems that Teutonic technical brilliance can create. As it turns out, however, that is the wrong answer . . . .

As the US presidential election draws closer, many continue to wonder how the outcome will affect financial markets. Among gold market observers, there has been speculation about how the metal might react if Mitt Romney wins. Many have hypothesized that the more conservative Romney might . . . .

Gold is known as a solid inflation hedge, and could earn this reputation in 2013 if inflation picks up. Here are three well-known gold bugs and their bold predictions for investing in gold next year and beyond . . . .

Is China building its gold reserves surreptitiously? The balance of probabilities suggests it is - and perhaps at a faster rate than many would contemplate . . . .

Look at the latest report from the World Gold Council and it is now more obvious than ever that gold is becoming the new global reserve currency. Continuous and aggressive central bank actions from the United States and Europe are driving the demand for gold . . . .

A quote from a Swiss gold refiner/trader puts the case for gold as sound money very succinctly and coupled with the suggestion that it is a Giffen good, bodes well for further price rises . . . .

Gold holdings in exchange-traded products are growing at a slower pace than in 2004-2009 because some investors may be moving to physical bullion after initial purchases of an exchange-traded fund, according to Barclays Plc. Gold holdings in ETPs have increased 9.6 percent this year to a record . . . .

Hedge funds and other big speculators piled into the rallying gold and natural gas markets for a second week running, taking the net long money in U.S. commodities up by nearly $1 billion, trade data showed on Friday.

The so-called "money managers" in commodities boosted their net longs in gold to the highest level in nearly 16 months . . . .

The U.S. Geological Survey reported nearly 4.31 million ounces of gold production from U.S. mines during the first seven months of this year . . . .