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Hedge Fund Gold Bets Reach Six-Month High After Rally 27 Aug 2013 | 02:32 am
Hedge funds and other speculators raised bets on higher gold prices to the most in six months as signs of slowing U.S. growth drove gold prices above $1,400 an ounce for the first time since June. Gol...
US durable goods plunge in July, cast shadow over Q3 27 Aug 2013 | 02:31 am
Orders for long-lasting U.S. manufactured goods recorded their biggest drop in nearly a year in July. Also, a gauge of planned business spending on capital goods tumbled, casting a shadow over the eco...
Gold could rally further after breaking above $1,400: Analysts 27 Aug 2013 | 02:01 am
Gold's break above $1,400 an ounce on Monday for the first time since June 7th, and a bullish "cup and handle" chart pattern, suggest more gains are in store for the precious metal, which may have bot...
Gold's Rebound: Why It Appears Believable This Time 26 Aug 2013 | 11:27 pm
Recently, gold has been gaining traction and making its way back up to the $1,400 level. The strength of bullion amid the growing expectation for the U.S. central bank to begin scaling back its bond b...
New Home Sales Collapse 13.4% In July 24 Aug 2013 | 01:46 am
Over the last 30 days Gallup measured a sharp spike in unemployment, jumping from 7.7% to 8.9%. The Commerce Department has now released another statistic saying that new home sales collapsed in July ...
Swap your gold shares for coins, ETF firm offers 24 Aug 2013 | 01:45 am
ETF Securities has teamed up with Government-owned coin maker Royal Mint to offer investors with shares in its leading exchange traded fund Gold Bullion Securities the option of cashing in shares for ...
Gold Surges, Within 'Inhaling' Distance of $1,400 24 Aug 2013 | 01:44 am
Gold prices were rushing toward $1,400 as a brutal new-home sales report rallied traders to the safe-haven asset. Home sales were down 13%, putting a shadow on the recovery and the overall economy. Th...
13 Reasons Why Gold Will Hit $5000/oz 24 Aug 2013 | 01:43 am
There are many reasons that could cause gold prices to go higher. Collectively, these reasons could help gold soar past $5,000/oz. The entire world is changing with respect to money, banking, investme...
Jobless claims rise by 13,000 22 Aug 2013 | 11:57 pm
The number of Americans applying for unemployment benefits rose last week after reaching the lowest level in nearly six years. According to the Labor Department, applications for first-time benefits r...
Trading to resume at Nasdaq after hours-long glitch 22 Aug 2013 | 11:36 pm
After halting trading for about three hours Thursday afternoon due to a technical glitch, the Nasdaq exchange laid out a plan to resume trading. Trading was halted around 12:14 ET due to issues with "...
