Since November, the gold futures 1006 contract has increased by more than 12%, and the position size has also risen from 60,000 hands at the beginning of the month to 81,200 hands. Over the same period, the cumulative gains of gold concept stocks ranged f… Continue Reading When will the precious metals market open?
The Wall Street Journal reported on April 23 that the surge in demand caused the US governments stock of gold coins to be exhausted, so the US Mint stopped selling the smallest denomination gold coins this week. Data show that the United States Mint sold… Continue Reading American Precious Metals Exchange
On the 22nd, US Treasury Secretary Geithner, Federal Reserve Chairman Bernanke, and New York Fed Chairman Dudley stated in a joint statement that they are confident that Congress will raise the $14.29 trillion debt ceiling by August 2. US President Barack… Continue Reading Precious metals news feed
Following the downgrade of Greeces rating and Italys rating last weekend, Fitch Ratings lowered the outlook for Belgiums rating to negative this Monday, which pushed the price of gold to rebound slightly and regained its position at US$1,510 per ounce. Th… Continue Reading International Precious Metals Institute
International gold prices fluctuated lower on Monday (May 7), as Hollande won the French election, which put the euro under heavy pressure. However, the weak performance of non-agricultural data released last Friday pushed up QE3 expectations, which still… Continue Reading Umicore precious metals