Gold – The looming fiscal cliff has shown that gold does not always respond positively to economic concerns.
Articles Tagged "NYSE:GS"
Gold – Goldman Sachs is bullish on the yellow metal and recommends long positions with conditions in the US appearing to play a major factor.
Coal – Reuters reported that Goldman Sachs (NYSE:GS) is the likely buyer for Vale's (NYSE:VALE) coal operations in Colombia.
Copper – Copper prices staged a modest recovery on Monday, gaining 4.4 percent on the COMEX and 4.1 percent on the LME, as investors digested last week’s slide to a 14-month low as an opportunity to bargain hunt.
Copper – Copper prices recovered Tuesday, as investors were drawn back into the copper market as investment powerhouse Goldman Sachs (NYSE:GS) reported that current copper prices offer "an attractive opportunity" to establish long positions.
Potash – The stocks of potash producers are predicted to outshine those of more nitrogen focused companies, due to what brokerage firm Goldman Sachs calls “peaking corn prices.” In a statement issued this past Monday, Goldman Sachs (NYSE:GS) noted that the current corn price of $6 to $7 per bushel is unsustainable.
Copper – U.S. copper futures finished lower on Tuesday, as investors exercised caution ahead of the Federal Reserve's monetary policy meeting. Copper has backed off its recent multi-year high, as a result of concerns over the recovery it the world’s second largest copper consumer- the United States of America.
Copper – As news over impending fraud charges against leading commodities player Goldman Sachs hit the market last Friday, copper witnessed considerable downside. Risk averse investors jumped from their positions, sending copper plummeting to a three month low.