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Gold and Silver Bullion coins and bars investment - news, charts, prices, facts and figures

Gold ends lower, still flirting with $1,200 level

NEW YORK (MarketWatch) — Gold prices edged down Wednesday in muted, pre-Thanksgiving trade, catching their breath after a solid advance so far this month.

 

UK GDP growth powered by consumer spending as business investment contracts

Economists raise concerns about sustainability of recovery as growth figures show UK expansion powered by higher consumer and government spending, while business investment contracts.

Banks accused of rigging metal prices

Banks Goldman Sachs, HSBC and Standard Bank and a unit of chemical producer BASF conspired to manipulate platinum and palladium prices, according to a US lawsuit filed this week.

 

Global gold supply in deficit this year, even more so next

In a previous article we have already shown that Indian and Chinese gold demand between them currently account for annual gold consumption levels of perhaps as much as 3,100 tonnes, roughly equivalent to global new mined gold production as recorded by the World Gold Council (3,115 tonnes over the 12 months to end September).