Posts Tagged ‘yellow’

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HSBC, Barclays cut 2012 gold price forecast

The two banks have lowered their gold price forecasts for this year by more than $100/ounce but both still maintain their bullish view of the yellow metal. Full story

Gold firm as euro declines, consumer demand improves

Better consumer demand provided some support to help steady the yellow metal on Wednesday as the euro dropped. Full story

Gold steady in shortened session but Christmas rally spied

Gold has risen between Christmas and New Year in 8 of the last nine years, if the trend continues the yellow metal could end the year around $1,650. Full story

Gold to retest all time highs in 2012 – analysts

While the yellow metal has struggled in the last few months, many analysts are still expecting big things from gold in 2012. Full story

Despite rebound, gold on track for worst week in 3 months

While the yellow metal rallied on Friday, helped by a weaker dollar, it was not enough to outweigh the sharp pullback seen over the last four sessions. Full story

Gold, Swiss franc no longer safe havens – UBS

According to a letter from UBS's investment chief, as the world enters 2012 neither the yellow metal nor the currency will provide investors with safe harbour. Full story

Battle lines drawn in gold price direction predictions

While some headlines are predicting the end of the bull market for gold, many commentators remain bullish on the yellow metal and all agree that more volatility should be expected Full story

China changing the global gold market

Larry D. Spears writes: While many investors have been distracted by the goings on in Europe, China has been making a dent in the global gold market by making it easier for investors to buy and invest in the yellow metal. Full story

Gartman contemplating gold buy back

Gartman contemplating gold buy back
In his latest newsletter the much-followed independent investor, said that he is prepared to buy back the gold he sold last week because the yellow metal has returned to those levels and would likely move higher (Reuters) - Independent investor Dennis Full story

High prices could see Indian gold imports fall as much as 30% this month

High prices could see Indian gold imports fall as much as 30% this month
According to the Bombay Bullion Association, imports of the yellow metal could drop to as low as 70 metric tons as higher prices keep buyers away (Bloomberg) - Gold imports by India, the world's largest bullion consumer, may decline by as much as 30 Full story
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