Palladium Surges on Chinese Data
Palladium – Reuters reported that with the economic environment in China improving, palladium seems set for a third day of gains.
Articles Tagged "citigroup"
Citigroup Raises Precious Metals Forecast
Palladium – Reuters reported Citigroup has raised its forecast for all precious metals in 2012.
Citigroup Predicting Much Higher Prices for Gold
Gold – Business Insider reported that Citigroup forecast gold prices to reach $2400 in 2012, and go even higher next year.
Gold Price Set For Shock & Awe
Obama is likely to tax banks to recoup $120 billion. Crude prices peek above $80 a barrel. And the dollar is showing signs of firming. What do these signs foretell for gold? On Thursday morning, though gold price recovered to $1,138 in early trade, other issues came to the fore, vicious enough to [...]
Gold Jitters Sweep Streets
Gold prices move quicker than most other investments. Blink, and you have missed the gold bus. By the time realization dawns, the bus has driven past quite a few blocks. You can huff and puff and get back on at the adjusted fare, but by that time, it may be the end of the [...]
Copper Presents Great Opportunity
Copper Investing News reports copper prices fell this week. On Monday, copper fell in New York to the lowest price in more than five weeks, as an increase in inventory sparked mounting concern that demand is dwindling. Stockpiles in warehouses monitored by the London Metal Exchange rose 1.1 per cent to 344,350 metric tons, the [...]
Medium To Long Term Confidence
Gold Investing News reports gold prices may decline in the next couple of weeks and start climbing up again in the future. Although gold is facing some headwinds, the overall financial environment remains bullish for gold.” In their recently published Metals Matters, ScotiaMocatta has noted that IMF gold sales are now all but inevitable, as [...]
Platinum rebounds despite poor fundamentals
Platinum Investing News reports platinum regained in the New Year 2009. In 2008, the metal went on a wild ride, hitting a peak of $2,290 per ounce, and then came crashing down to a three digit value. Despite the metal starting the year on a good note, RBC capital markets has cut its platinum price [...]
