Morgan Stanley, Standard Chartered Join LBMA London Gold Price
The number of banks participating in the London Bullion Market Association’s (LBMA) electronic benchmark auction has increased to 10 with Morgan Stanley and Standard Chartered now joining the LBMA London Gold Price.
Gold, Silver Net Length Drop For Fourth Consecutive Week – CFTC
Last week gold buyers were once again overwhelmed by short sellers as gold speculative net length dropped for the fourth consecutive week, according to the latest data from the Commodity Futures Trade Commission (CFTC).
Read moreMidway Files For Chapter 11 Bankruptcy
Midway Gold Corp. (TSX:MDW)(NYSE MKT:MDW) filed for Chapter 11 bankruptcy Monday morning as the company says they will now seek to divest non-core assets in a bid to raise capital.
Read moreGold Extends Early Losses to Trade Solidly Lower
Gold Extends Early Losses to Trade Solidly Lower
Read moreGold To Fall As Greece Negotiations Are Resolved – Deutsche Bank
As the Greek debt situation overshadows the marketplace, one senior banker says gold will be eying the U.S. markets for its next moves.
Read moreGold Retreats, Testing Short-Term Support Zone
U.S. stock index futures are higher in early action Monday amid hopes that Greece will strike a deal with its creditors. Gold has slid lower in response to the developing negotiations and the U.S. dollar index is modestly higher.
Read moreGold Pressured by Increased Risk Appetite
Gold prices are moderately lower in early U.S. trading Monday, on some keener risk appetite in the market place.
Read moreRisk Appetite Keener On Greece-EU Debt Deal Hopes
Kitco News – Gold prices are lower in early US trading, pressured by European and U.S. stock indexes being in rally mode on increased risk appetite in the world market place. There are reports Greece and the European Union are very close to agreement on a debt-restructuring deal, after Greece submitted a revised debt-repayment plan during the weekend.
The 6pm Recap with Gary Wagner: A See-Saw Day In Almost Every Market Although Crude, China Suffered Most
For a variety of factors, westerners tend to view China’s rise to the top as inevitable. However, this certainly isn’t so when looking at the world’s supposedly second-largest economy. Today saw the Shanghai and CSI indexes plunge more than 6% each.
Gold Market To Watch Greece Turmoil, U.S. Dollar Next Week
Gold is expected to remain caught in a tug of war between the U.S. dollar and safe-haven demand as Greece’s repayment deadline quickly approaches, according to commodity analysts.