Coin News

Gold jumped more than 1 percent on Friday after Germany approved the expansion of the euro zone bailout fund, offering temporary relief to investors, but the precious metal was heading for its worst monthly decline in three years. View full post on IBTimes.com : Gold

In less than one week, the price of silver gave up some 9 months of gains in a move from $40 per ounce to $28.  The current price for silver, which is the lowest price in 9 months, is sure to create shortages for physical silver. The physical silver market is very much its own [...]

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* ECB likely to deploy liquidity easing tools at policymeeting * 12-month tender seen capping stress but not offeringsolution * Dollar borrowing costs to remain high with crisisunresolved By William James … View full post on Yahoo! Finance: Currencies News

Investors in paper currencies are running out of safe havens. As Europe totters on the brink of a debt implosion and the Dow routinely plunges 1,000 points every other week, holders of paper wealth are desperately searching for a store of stable value. View full post on IBTimes.com : Gold

Last week, hedge funds sold off their bullion holdings in what was a monumental run to the exits.  As the price of silver and gold trended higher against declines in other commodities, equities, and so-called risk assets, the price for bullion gave institutional investors the comfort they needed to boost cash. But how much has [...]

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Investors are not happy with today’s news… View full post on Yahoo! Finance: Currencies News

As the gold price looks to stabilise around the $1600 level, after the drop in the gold price last week, we get news that China is getting in on the gold ATM game. View full post on IBTimes.com : Gold

The market refrain this month could be summed up with the phrase “just do something!” Growth continues to be slow and the spectre of debt default in Europe has cast a pall over the markets for the past three months.   Unfortunately, the EU bureaucracy is not built for speed so the torture is likely to [...]

European countries must act decisively to resolve the euro zone debt crisis or risk having some member states forced out of the single currency, China’s top newspaper said in a front page commentary on Saturday. View full post on Yahoo! Finance: Currencies News

KitcoNewsNow: Comex Gold Firmer On Bargain Hunting, But Stronger U.S. Dollar, Weaker Crude Oil Limit Upside http://t.co/RnPjxZrb View full post on Twitter / KitcoNewsNow