Precious Metals News

Gold Price Forecast For 2012: A Rise Seems Likely, But It's Not Guaranteed
Seeking Alpha
2/8/2012 5:31:41 AM
Gold prices have been rising steeply since 2007, a climb that shows no sign of abating according to market analysts. Firstly, gold has always been an inflation hedge in uncertain economic times. It is no coincidence that prices have risen so steeply ...
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Gold Prices "Being Driven by Investment"
BullionVault
2/8/2012 5:31:41 AM
Over the short run, however, silver and Gold Prices are being driven by investment and low or negative real interest rates, as he explains in this interview with MineWeb's Geoff Candy. Geoff Candy: me live from the 2012 Mining Indaba in Cape Town is ...
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Gold Prices Waiting for Outcome of Greece-Troika Dance
International Business Times
2/8/2012 5:31:41 AM
By Mike Obel: Subscribe to Mike's RSS feed Gold prices hovered in a narrow range Wednesday, with little support from crude oil prices or the euro amid uncertainty about whether Greece will accept slightly easier bailout terms from western finanical ...
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Gold Price Forecast For 2012: A Rise Seems Likely, But It's Not Guaranteed
Seeking Alpha
2/8/2012 4:56:32 AM
As long as the US dollar is weak, investors are more likely to invest in tangible assets such as gold or silver. In addition, the political unrest in North Africa and now, Middle Eastern countries such as Saudi Arabia has had an upward effect on the ...
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PRECIOUS-Gold tests $1750 as Greece buys more time
Reuters
2/8/2012 4:56:32 AM
* Euro zone uncertainty to underpin gold sentiment * Gold-silver ratio drops to three-month low * Spot gold could fall to $1729.51 - technicals * Coming Up: Greece's decision on rescue package terms (Adds details; updates prices) By Rujun Shen ...
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PRECIOUS-Gold holds near $1745 as Greece buys more time
Reuters
2/7/2012 10:59:32 PM
Premiums on gold bars in Singapore stood around $1 an ounce over London prices, said a Singapore-based dealer. The gold-silver ratio, which measures how many ounces of silver is needed to buy an ounce of gold, hovered above a three-month low of 51.10 ...
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Norilsk eyes South African platinum
South Africa.info
2/8/2012 4:36:49 AM
According to News agency Bloomberg, Roman Panov, Norilsk's international assets director, said in a speech at the Mining Indaba that platinum, palladium and rhodium - together known as platinum group metals (PGMs) - "have investment potential ...
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Precious metals prices dictated by investment at the margin - Walker
Mineweb
2/8/2012 1:50:02 AM
GEOFF CANDY: What does that mean then for platinum prices and PGM prices in general, and gold prices as well because clearly prices are high in the gold sector and people are trying to guestimate now whether or not prices are likely to go higher, ...
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Platinum's Investment Potential May Exceed Gold's, Norilsk Says
Bloomberg
2/7/2012 10:44:13 AM
“PGMs have investment potential comparable or even greater than gold,” Roman Panov, Norilsk's international assets director, said in a speech at the Investing in African Mining Indaba in Cape Town today. About 35 percent of global annual gold output is ...
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