Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
Next week's U.S.-China trade talks were also in focusIt was a busy day on Wall Street, as traders digested a blowout jobs report, confirmation of next week's U.S.-China trade talks, and a relatively dovish tone from Fed Chair Jerome Powell. And thanks in part to a big rally for newly upgraded Intel (INTC), the Dow surged 746 points. The rally was broad-based, with the S&P 500 Index and Nasdaq jump...Read More
Due to a reporter error, the following fortnightly prices were inadvertently published by Fastmarkets on Friday January 4 and therefore should be ignored. Ferro-chrome 0.10% C average 65-70% Cr major European destinations $ per lb Cr Ferro-chrome 0.06% C max - 65% Cr European low carbon in warehouse $ per lb Cr Ferro-chrome Low phosphorous Cr min 65%, C max 7%, Si max 1%, P max 0.015%,...Read More
Early investors could see a windfall as this invention unlocks $15.7 trillion in revenue.It's been called humanity's last invention...The "king of disrupters."And "the most important conversation of our time."Insiders are already predicting it will have a bigger economic impact than the steam engine, electricity and the internet...The World Economic Forum claims it will usher in the "4th industria...Read More
LONDON, 2 January 2019 - Christmas trading data from BullionVault is featured online today by Investment Week, the specialist magazine for UK financial advisors.With stock markets tumbling and "investor nervousness" worsening between Christmas Eve and the 27th of December, "the number of new gold investors [on BullionVault] increased 82.7% compared to the previous five festive seasons," says the r...Read More
LONDON, 2 January 2019 - Britain's top mid-market tabloid, The Daily Mail, today reports on BullionVault's strong gold trading over Christmas, posting an article first carried in print by the paper's Scottish edition."Gold did well over the festive season amid fears that global stock markets were in decline," says the paper."Between December 24 and 27, BullionVault saw 93kg of gold bought over its...Read More
Goldman Sachs likes Varian Medical Systems' exposure to ChinaStocks are finishing the week out strong today, powered by the latest comments from Fed Chair Jerome Powell. Among the notable climbers today are healthcare stock Varian Medical Systems, Inc. (NYSE:VAR), as well as biotechs Regeneron Pharmaceuticals Inc (NASDAQ:REGN) and Biogen Inc (NASDAQ:BIIB). Below, we'll take a look at the news...Read More
LONDON, 30 December 2018 - Comment from BullionVault today leads a tip to consider investing in gold from The Observer, Sunday newspaper of the UK's Guardian group."In the last four months the FTSE All-Share index has lost 12% of its value and the gold price has jumped 10%," writes economics editor Philip Inman, saying that these two figures "really show how nervous traders have become about" New...Read More
LONDON, 28 December 2018 - Latest data and comment from BullionVault are quoted today by Thomson Reuters, the international news and financial data agency.For gold dealers, "Christmas 2018 has been a great vintage," says Reuters, relaying BullionVault's festive trading update - "the best in fact since 2012 with a sharp rise in both new gold investors and the total quantity of gold bought."The driv...Read More
European alloy surcharges for stainless steel products have fallen for the sixth consecutive month in January because of weak market fundamentals resulting from high volumes of imports.The January alloy surcharge for 2mm grade-304 cold-rolled (CR) stainless steel sheets - based on data published by producers Outokumpu, Aperam and Acerinox - is ?,?1,242-1,294 ($1,413-1,472) per tonne, accordin...Read More
Wall Street is cheering the company's new CFOOptions trading is hot again on Square Inc (NYSE:SQ), with the shares surging 12.1% to trade at $59.01 on news the payment processor has picked a new chief financial officer (CFO). At last check, roughly 68,000 calls and 56,000 puts have changed hands on SQ stock -- two times what's typically seen at this point in the trading day, and volume pacing in t...Read More
LONDON, 28 December 2018 - Latest trading data from BullionVault feature in today's gold-price update from leading US finance and investment site MarketWatch.The data from BullionVault "reveals the most robust demand since 2012" for physical investment gold over the Christmas period."The comparison is based on both the quantity of gold bought and for the number of new first-time investors in the m...Read More
LONDON, 27 December 2018 - UK personal finance magazine What Investment today quotes BullionVault's latest customer survey in a report on the outlook for gold in 2019.Held this month, the survey found that 80% of precious-metal investors believe the gold price will rise in 2019, the magazine reports online."Online bullion dealer BullionVault, which carried out the survey, said investment in gold w...Read More
Mizuho called the pharma stock "very salvageable and cheap"Allergan plc (NYSE:AGN) stock is attempting a comeback today, after a Mizuho Securities analyst said the stock was undervalued -- calling it "very salvageable and cheap." AGN stock took a recent hit after the recall of its textured breast implants in Europe, resulting in a five-year low of $125.84 on Dec. 26. Today, though, AGN is pacing f...Read More
LONDON, 26 December 2018 - BullionVault is named today as a simple, safe way to invest in gold by leading UK broadsheet The Telegraph's online finance pages."Typically investors buy gold at times of market stress," says the paper's report. "[But] it does not pay an income, [so] investors are dependent on the price moving to make a real return."Looking at gold-backed ETF trust fund structures as we...Read More
CloseGain/LossOn WeekGold $1284.90-$9.70+0.38%Silver$15.68-$0.05+2.02%XAU71.87-0.42%+3.14%HUI162.32-0.64%+2.64%GDM597.11-0.05%+1.57%JSE Gold1407.28-37.87+2.88%USD96.16-0.09-0.23%Euro114.00+0.01-0.41%Yen92.27-1.13+1.57%Oil$47.96+$0.87+5.80%10-Year2.659%+0.099-2.21%Bond146.8125-1.84375+0.71%Dow23433.16+3.29%+1.61%Nasdaq6738.86+4.26%+2.34%S&P2531.94+3.43%+1.86% The Metals: G...Read More
During the shutdown of the federal government, the Commitments of Traders report will not be published. When the federal government operations return to normal, CFTC will resume publication of the Commitments of Traders report.Read More
- Gold over 6-month high at $1,300 on global slowdown fears- Bullion surges 5% in December and consolidates on gains this week- Gold surges to all time record highs in Australian dollars ($1,871)- Safe haven demand for safe havens as risk assets sold- Apple's poor outlook sees stocks fall; Markets now wagering on Fed rate cut- "2019 is already getting off to a volatile start and we expect to s...Read More
US December private ADP numbers suggest a firm economy. Traders reacted the other way as focus is on the US government shutdown and it's after affects. Certain Federal Reserve speakers suggest that interest rate hikes need to be stopped for the moment. Economic news is not affecting the markets in the first trading week of the year. Concerns over global slowdown has resulted in gold and silver...Read More
LONDON, 23 December 2018 - Today's edition of The Mail on Sunday, the UK's second-best selling Sunday newspaper, carries exclusive results from a BullionVault survey of its customers."Nearly 80% of precious metal investors believe the gold price will rise next year," writes the Mail on Sunday's finance editor Jeff Prestridge."Heightened geopolitical tensions are likely to drive gold higher [and] c...Read More
LONDON, 23 December 2018 - BullionVault is named today as a way to buy gold as an investment gift this Christmas by The Sunday Telegraph, the UK's second-best selling Sunday broadsheet."What do you get children who have everything for Christmas?" asks Telegraph Money.Instead of more toys, the paper suggests parents and grandparents look at financial gifts, whether bonds, pension contributions, an...Read More