Recent Bullion News

Gold scarce, India's silver jewellery exports double

Shortage of gold as a raw material and the consequent decline in gold jewellery exports has opened up new avenues of growth for silver jewellery.

A shortage of gold as a raw material and the consequent decline in gold jewellery exports appears to have opened up new avenues of growth for silver jewellery in India.
 

Gold-Miner Margins Are Slimmer Than You Think

Much has been said, little nice, about “cash costs”–the flimsy way gold miners tend to report how much it takes to dig an ounce of the precious metal out of the ground.

 
One reason for the skepticism about the much-maligned indicator is that it excludes everything from exploration and capital expenditure costs to overhead and other expenses that make up the day-to-day costs of running a mining business.
 

Gold Falls to Two-Week Low as Platinum, Palladium Slump

Gold futures fell to a two-week low in New York as signs of an improving U.S. economy reduced the appeal of haven assets.

 
Orders for capital equipment such as computers and machinery probably climbed in March by the most in four months in the U.S., an April 24 report may show. Gold has dropped 7.5 percent from a six-month high on March 17, partly as investors assessed prospects for further cuts in monetary stimulus by the Federal Reserve amid signs of gains in the labor market.
 

The invincible precious metal bears

A year ago today saw one of the largest declines in COMEX gold and silver futures in the last several decades. For those who argued that an electronic futures market– where an entire years worth of silver production can be bought or sold in one day– would always and everywhere be able to shrug off strong physical demand and set prices however futures traders saw fit, last April was vindication. Coupled with a soaring stock market, the near destruction of the gold and silver bulls sent a powerful message to small savers: invest with Wall Street, or else.

 

Focus on gold producers, near producers and turnarounds

When the world's reserve currency is reset away from the U.S. dollar, gold prices will rise and gold stocks will follow, say Willem Middelkoop and Terence van der Hout. Gold Report interview