Gold – CFTC data suggests that hedge funds are holding their biggest bet on higher prices since mid-September. Money managers raised their combined net-long position in US futures and options by 6.8 percent to 148,279 contracts in the week ended Nov. 1.
Gold – Soldi Ventures Inc. (CVE:SOV) reports preliminary analysis from its summer long exploration program on the Golden Bullet project has returned grab sample values as high as 7.2 oz/t gold.
Silver – A combination of uncertainty in the global economy, political unrest in the Middle East and North Africa, limited supplies and a growing demand from emerging markets could poise silver prices to break out to new highs. China, in particular, has been showing a large appetite for investing in both silver and gold.
Gold – Goldalert reports that Gold ETFs dipped Thursday, with the SPDR Gold Trust (GLD) falling $0.68, or 0.5%, to $134.02 in morning trading.
Gold – Reuters reports that SPDR Gold Trust (NYSE:GLD) reported its holdings fell to 1,290.855 tonnes by Nov. 11 from 1,291.766 tonnes on Nov. 10.
Gold – Augen Gold Corp. (CVE:GLD) starts trenching and sampling in the area of several Soil Gas Hydrocarbon anomalies potentially indicative of gold mineralization near Coté Lake.
Gold – While it’s not what many gold investors want to hear, there is a growing chorus of consensus that gold is not trading off fundamentals and that in fact the recent price rally is merely momentum driven.
Gold Investing News reports gold is been talked about almost all media. The company has disclosed it recently invested around US$400 million to buy the yellow metal in the expectation that it was not only a prudent way to preserve its funds but also that the metal’s price would rise significantly. The company has bought [...]
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