he Bank of Japan (BOJ) announced on Friday it would expand the size of its asset purchasing program while maintaining the same size of the monetary base, in a bid to drive wages higher and boost business spending, two mainstays of the ...
Tags: Bank of Japan Unveils, Increase Wages, Business Spending
Palladium fell to a 1-1/2 month low as investors continued to move away from Exchange Traded Funds [ETFs] in Platinum Group Metals following further fundamental weakness resulting from the Volkswagen emissions scandal and excessive mine ...
Tags: Palladium, PGMs, diesel emissions
China is capable and confident it can maintain the capital market stable and sound, said a commentary of People's Daily, the flagship newspaper of the Communist Party of China (CPC). Since mid-June, the benchmark Shanghai Composite Index ...
Tags: Capital Market, stock market
It is the least spoken when it comes to Coal in the controversy. Investors see the relatively strong performance of coal stocks that recently appeared. The main stock exchange traded fund (ETF) has risen more than 13% since March 11. We ...
Tags: Power coal, Coal
The price of palladium, hitting $865 an ounce on Friday, made a notable record. It hasn't, as Reuters notes, traded so high since February 2001. What's more, it also surged by highs it hit back in 2011 when it traded in the mid-$800s an ...
Tags: palladium, Metallurgy, Mineral, Energy
The World Gold Council will host a "discussion forum" starting July 7 regarding the future of the London gold pricing mechanism, the industry body said Wednesday. "The first meeting will be held July 7 in London. The Financial Conduct ...
Tags: London Gold Fix, Gold
Average silver prices in 2014 are expected to slip to around $20.440/oz from the 2013 average of $23.750/oz because of rising supply and weaker investment demand, analysts with the New York-based CPM Group said Tuesday. "Silver prices are ...
Tags: Silver Price, Rising Supply
A lack of investment interest in gold is starting to take its toll on the price, with an average of $1,225/oz forecast for 2014 and heading lower in 2015, GFMS said Thursday in its Gold Survey 2014. The price forecast is 13% lower than ...
Tags: Gold Price, Physical demand
Gold is lacking direction ahead of key US employment data due Friday, with mixed views on physical demand. ANZ said in a gold report that "the $100/oz decline in gold over the past two weeks was largely the unwinding of the 'safehaven' ...
Tags: Service, employment data, Economy
Gold prices are expected to build on its recent gains this week, as concerns over China's economy and the crisis in Ukraine will keep pushing the precious metal up, say 84% of the experts interviewed in the latest Kitco Gold Survey. From ...
Tags: Gold Prices, precious metal
Yesterday the gold price in New York rose back to close at $1,228.40 after which Asia lifted it to $1,234. The dollar hardly moved at $1.36.12: €1 ahead of London's opening. In London the gold price was Fixed at $1,232.25 up $6.25 on ...
Tags: Electrical, Electronics
BMO Insurance today introduced BMO Guaranteed Investment Funds (GIFs) - segregated funds which are designed to help Canadians reach their retirement saving goals while protecting their hard-earned dollars. The funds are an ideal choice ...
Tags: Service
Uranium prices are at their lowest level in nearly eight years, as investors and utilities give up on a quick revival for nuclear power. The market for the radioactive fuel hasn't recovered from the 2011 earthquake and tsunami that ...
Tags: Chemicals, Metallurgy, Mineral, Energy, Uranium
A 53% jump in consumer demand for gold in China and India during the second quarter was not enough to offset a heavy decline in Exchange Traded Fund purchases which fell 400 mt over the same period, leaving demand down 12% on year at 856 ...
Tags: Gold Demand, Mineral
The ALS Emergency Treatment Fund (ALS-ETF) and Denovo Biomarkers (Denovo) have entered into partnership to explore using Denovo's technology to identify potential responder groups for drugs that are being studied in patients suffering from ...