WGC cautions against common gold wisdoms

‘Gold falls as the dollar rises’ and ‘US interest rate rises are bad for gold’ are two seemingly accepted wisdoms which may not be entirely correct as a new WGC analysis points out.

US interest rate rise may not be bad for gold – WGC

The WGC claims higher US interest rates may not be as negative for gold prices as many believe.

Miners’ gold forward sales surged 103 T last year

The biggest annual increase since 1999, an industry report showed on Friday.

Gold pares gains after Yemen air strikes rattle markets

Gold pared gains after hitting a 3-1/2-week high on Thursday.

Kinross settles lawsuit tied to Mauritania debacle

The shareholder lawsuit accused Kinross of defrauding investors through an ill-advised mine acquisition in Mauritania.

Gold up through $1,200 as Dow and dollar fall

Geopolitical events also responsible for latest price surge.

Further downside on gold prices limited – CPM

Despite the prediction that new mined gold supply is still increasing.

Deflation may be good for gold – HSBC

HSBC’s James Steel says widespread deflationary pressures may be good for gold.

Gold’s longest run of gains in a year ends

As a pickup in U.S. inflation increased the prospects for higher interest rates.

SocGen’s ultra bearish gold and silver outlook

Maybe France’s SocGen has jumped the gun in predicting sharply lower gold prices right now.

Kazakhstan extends gold buying spree

Kazakhstan’s hoard jumped 33% in the past 12 months and more than doubled in the past 3 years.

CPM sees gold declining for 3rd straight year

As concern eases that global economies will falter, curbing demand for the metal as a haven.

Was Nevsun’s Bisha mine bombed by Ethiopia?

Nevsun says ‘act of vandalism’ took place at the mine.

Ivory Coast to clamp down on illegal gold mining

Will begin by dismantling 148 illegal mining sites identified in the country’s northern and central regions.

Dollar falls, gold rises as HSBC sees end to dollar Bull Run

Chart shows the strong correlation between the current gold price and the US Dollar Index as HSBC analysts suggests the dollar’s strong run could be at, or near, its end.

China gold demand ups when price dips

The gold price fall earlier this month seems to have restimulated Chinese demand.

Yellen gives gold bulls biggest rally on rates since January

After she signaled policy makers aren’t rushing to raise interest rates.

Gold bugs finding solace in ETF using Euro to fund purchases

The euro is adding some much needed glitter to gold, at least in one ETF.

UPDATE: No Chinese banks in new London Gold Fixing system – yet

But Goldman Sachs and UBS are in.
JSE ALSI51,8100.40%2015-03-27 18:02 +0000
DAX11,8680.21%2015-03-27 18:03 +0000
CAC 405,0340.55%2015-03-27 18:03 +0000
Dow Jones close17,6782015-03-27 18:03 +0000
S&P 500 close2,0562015-03-27 18:03 +0000
Gold1,200.57-0.29%2015-03-27 18:02 +0000
Silver17.092015-03-27 18:03 +0000
Platinum1,142.75-0.92%2015-03-27 18:02 +0000
Palladium741.82-3.69%2015-03-27 18:02 +0000
Gold ZAR/oz14,439.620.03%2015-03-27 18:02 +0000
Brent Crude57.73-2.02%2015-03-27 18:03 +0000
USD / Euro0.917-0.25%2015-03-27 18:02 +0000
CAD / USD0.794-0.85%2015-03-27 18:02 +0000
ZAR / USD0.083-0.23%2015-03-27 18:02 +0000
UAD / USD0.777-0.80%2015-03-27 18:04 +0000


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