‘Gold’

Goldman Sachs is out with an analyst note this morning, where it suggests buying call spreads on Freeport-McMoRan Copper & Gold Inc. Full story

The price of palladium neared its highest level in a decade Wednesday, spurred by fund buying and strong demand for exchange-traded products. Meanwhile, gold futures eased along with the dollar, as traders weighed the outcome of Portugal's successful Full story

Latest News in Commodities RATE STORY: Compiled 01/12/11 6:00 AM (CT) Statistics: London Gold Fix $1383.50 +$2.50 LME Copper Stocks 378,175 tons -1,475 tons GOLD MARKET FUNDAMENTALS: (6:00 AM CST) The gold market comes into the Wednesday trade facing Full story

SAN FRANCISCO (MarketWatch) -- Gold futures declined $5.10, or 0.4%, to $1,379.40 an ounce in early Wednesday trading in New York. Portugal sold 1.25 billion euros worth of bonds, dispelling -- at least for now -- fears it would not be welcomed by the Full story

Jan. 12 (Bloomberg) -- South Africa’s FTSE/JSE Africa All Share Index climbed 336.4, or 1.1 percent, to 32,498.55 as of 1:49 p.m. in Johannesburg Full story

If the price of gold was left to a physical supply/demand measure, for industrial and jewelry utilization, the price may not be much over $400.00 an ounce. Which probably means gold has gone up on 100% pure speculation. When gold becomes a mania and is tipped by every “expert” Tom Dick and Harry on TV, it becomes similar to a chain letter (which is illegal) ... Full story

Rising oil prices and caution ahead of a sale of Portuguese bonds later in the day helped boost interest in the yellow metal Full story

As the developed world continues to flounder and emerging markets with a penchant for gold continue to grow, the yellow metal's role is likely to increase, along with its price Full story

SINGAPORE - Bullion edged up in thin trade on Wednesday, with sentiment supported by high oil prices, lingering worries about the severity of the European debt crisis and a shortage of gold bars in Asia. European finance ministers will discuss increasing Full story

Both the precious metals, silver and gold strengthened on the bullion market on brisk buying by stockists and retailers for the festive and marriage season, amid firm global trends. While silver surged by Rs 475 to Rs 45,475 per kg, gold gained by Rs 55 Full story