The price of gold has started off the year on a negative note and has lost nearly 3.9% of its value (year to date). Major gold companies have suffered from the weakness in the gold market and might continue to…
The rates of precious metals changed course and tumbled down during last week mainly on Thursday and Friday. The speculations around the decision of big investors including Soros and Bacon to cut their exposure to gold may have contributed to…
The prices of precious metals continued to seek direction as both gold and silver moved in an unclear trend during the week. Both precious metals slightly declined on a weekly scale. The ECB and MPC left their respective interest rates…
Royal Gold, Inc. (NASDAQ: RGLD) has been showing solid numbers in terms of profit margins and revenues growth: as of the third quarter of 2012, the company’s revenues rose by 21% and its operating earnings by 27.6%. The company’s operating…
The prices of precious metals zigzagged during the week only the finish the week on a positive note. Both metals rose on a weekly scale. The FOMC left its policy unchanged, but it this news seems to have been crowded…
Today, the U.S. Manufacturing ISM report was published; according to the recent report, the U.S. Manufacturing PMI index rose again to 53.1% during January 2013. The U.S. Manufacturing PMI is an index estimates the economic development of the U.S. manufacturing…
The U.S. employment rose again by lower than many had anticipated – according to ADP the non-farm payroll rose by 192k – during January: according to the latest U.S. employment report, which was published today, February 1st by the Bureau…
The FOMC concluded its first meeting this year and as the market had anticipated, the Fed left its policy unchanged: the Fed will continue purchasing mortgage-backed securities at a pace of $40 billion per month, and long term securities at…
The prices of precious metals changed direction again and this time they have declined during the past few days of the week. The recent news of the rise in the imposed tax on gold imports in India may have contributed…
2012 was a year many leading gold producers would like to forget. Shares of many gold producers haven’t performed well during last year. The stagnation of the price of gold during the year contributed to poor performance of several gold…