by Veldt Gold | Dec 1, 2014 | Gold, News, Oil Market, Precious Metals, Silver News, Uncategorized
Gold Market Updates Gold and silver futures climbed the most since September 2013 as a rally for oil prices revived demand for the metals as stores of value. Crude futures in New York rose as much as 4.8 percent, rebounding from a five-year low. Gold earlier fell to a...
by Veldt Gold | Nov 22, 2014 | News, Uncategorized
Bitcoin’s Favorite Bullion Dealer Reinvents Itself as Crypto Bullion Group In order to adequately account for their prominence in the Bitcoin community and with full philosophical dedication to the sound monetary principles embodied within crypto-currency, Agora...
by Veldt Gold | Nov 20, 2014 | Gold, Oil Market, Precious Metals, Silver News, Uncategorized
OPEC is becoming more likely to curb oil supply when it meets next week because of the scale of this year’s price rout, according to Morgan Stanley. Brent crude, the global benchmark, slumped 31 percent since rising to its 2014 peak on June 19. A 15-to-20 percent move...
by Veldt Gold | Nov 17, 2014 | Gold, Precious Metal Fundamentals, Precious Metals, Silver News, Uncategorized
Gold futures fell from this month’s high as the dollar’s rebound crimped demand for precious metals as alternative investments. Silver dropped the most in a week. In the week ended Nov. 11, the net-long position in Comex gold futures and options fell 14 percent,...
by Veldt Gold | Oct 9, 2014 | Gold, Uncategorized
Gold prices are “probably not too far from their cyclical lows,” said CIBC World Markets in a commodity update released Thursday. The Canadian bank forecast gold to be around $1,300 an ounce at the end of 2015. CIBC recounted factors that have pressured the metal...
