Gold Prices: Begging for QE3 – Money Morning

The Fed's Operation Twist announcement Wednesday slammed gold prices, and the yellow metal fell 2.5% Thursday. Gold for August delivery ended last week down 3.8% to about $1,570 an ounce, well below its 2011 high of $1,920.30. Before the two-day ...Original Post By Google News Money Morning … [Read more...]

Gold holds above $1,570 an ounce ahead of EU summit – msnbc.com

LONDON (Reuters) - Gold prices held above $1,570 an ounce on Monday, taking a breather after last week's sharp correction as traders took to the sidelines ahead of a European Union summit later in the week, and further economic data from the United States.Original Post By Google News msnbc.com … [Read more...]

Gold gains as Soros warns of of eurozone failure – Financial Post

Gold is set to gain for a second day in New York as concern about Europe’s debt crisis spurs demand for the metal as a protection of wealth. Billionaire investor George Soros warned the European currency may dissolve if European Union leaders ...Original Post By Google News Financial Post … [Read more...]

Nervous investors fill Swiss safes with cash and gold – Reuters UK

ZURICH (Reuters) - Investors trying to protect their wealth from global economic uncertainty have been stashing bank notes, gold bars and other valuables in Swiss banks, fuelling demand for safe deposit boxes. The euro zone debt crisis and fear ...Original Post By Google News Reuters UK … [Read more...]

Gold and Silver Weekly Outlook for June 25-29 – Yahoo Finance

Last week gold and silver started off with little movement but by Thursday both precious metals tumbled down. The FOMC decision to continue operation twist throughout the rest of 2012 by $267 billion and not to introduce QE3 may have been among ...Original Post By Google News Yahoo Finance … [Read more...]

Crude Oil, Gold Vulnerable as Sentiment Sours Across Financial Markets – Yahoo Finance

Crude Oil, Copper Vulnerable as BIS Warns on Limits of Loose Monetary Policies Gold and Silver May Decline if Risk Aversion Stokes Haven Demand for US Dollar Commodities appear vulnerable after the Bank of International Settlements (BIS) said ...Original Post By Google News Yahoo Finance … [Read more...]

Societe Generale: ‘Buy Gold Ahead Of QE3′ – Seekingalpha.com

It is becoming increasingly difficult for gold and silver investors to "keep the faith" in volatile markets. The lack of substantive monetary policy action by the Federal Reserve on Wednesday prompted a plunge of more than $50 an ounce in the gold price by ...Original Post By Google News … [Read more...]

Is Gold About to Rally? USD Index and Crude Oil Prices Suggest Otherwise – goldseek

Congratulations. Let’s all take a collective deep sigh of relief. Instead of a new crisis, we're just going to keep having the same old one. Greeks voted to stay in the European Union with a narrow victory for the center-right New Democracy party.Original Post By Google News goldseek … [Read more...]