U.S. equity markets opened lower this morning and continued a slow downward slide throughout the day. In Europe, flash PMI data from the eurozone came in below expectations on both manufacturing and…
U.S. equity markets opened flat to lower this morning as it waited for data on U.S. housing starts and producer price inflation. In Europe, markets got some downward signals from a higher-than-expected…
ThinkstockThere are a variety of ways to invest in precious metals. Buying gold or silver bars and coins is one, exchange traded products (ETFs) are another, and a third is investing in…
ThinkstockGold futures closed at around $1,676 an ounce in 2012, about 7% higher than the $1,565 or so the yellow metal fetched at the beginning of the year. Forecasts for the price…
ThinkstockGold futures closed below $1,650 an ounce on the Comex last night, sharply lower than the $1,700 or so the yellow metal fetched at the beginning of December 2011, but well above…
Bank of America Merrill Lynch has issued more picks and a macro-investment strategy for 2013, and the message is rather clear: Be selective and position defensively. The firm said that it sees…
ThinkstockInvestors were buying gold yesterday on the belief that newly re-elected President Obama will not be able to come up with a way to avoid having the U.S. economy fall off the…
ThinkstockGold prices are down nearly 2% today and gold mining stocks are taking their lumps right along with the yellow metal. Today’s U.S. jobs report has pumped some air into the greenback,…
ThinkstockGold miners have been hit hard in the past 12 months by falling prices for the yellow metal and by higher mining costs. Over the course of the past year, prices are…
ThinkstockBarrick Gold Corp. (NYSE: ABX) reported third-quarter 2012 earnings this morning. The gold miner posted adjusted earnings per share (EPS) of $0.85 on revenues of $3.44 billion. In the same period a…
The price of gold has risen by about $200 an ounce since the end of June and has scored about half that gain since the first of September. The yellow metal is…
The three major US stock indexes opened mixed this morning following a wealth of data on the Chinese economy. The short version is that the economy is slowing so much and inflation…
The three major US stock indexes opened lower this morning following on softness in European markets and a mixed close in the Asian markets. There has been little data for investors to…
Gold miner Barrick Gold Corp. (NYSE: ABX) introduces a new CEO tomorrow at its quarterly earnings show. The consensus estimate from Thomson Reuters calls for EPS of $0.95 on revenue of $3.5…
The three major US stock indexes opened lower this morning as markets reacted to a rise in the yield of Spanish 10-year debt to more than 7% (our coverage here). The weekend…
