Commodity News
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World’s First Global Institutional e-Exchange For Physical Precious Metals
Gold Silver Reports ~ Allocated Bullion Exchange [ABX] has launched the world’s first global institutional e-Exchange for allocated physical precious~metals, which will provide market participants integrated, transparent, and secure access to local markets and global liquidity—pools.
Gold Prices is Expected to Achieve a Sustainable Increase
Gold Silver Reports ~ compared with previous years, the rise in the price of gold is expected to achieve a sustainable increase, due to a weaker dollar, oil prices and concerns about the global economy, activate the safe-haven status of gold, making it the world financial market darling.
Could Go to Gold $1300 iF Stocks Don’t Stop Falling
Gold Silver Reports ~ Gold took a breather on Friday after soaring 4 percent the previous day but was still set for its best week in four years after stock market turmoil sent investors into safe haven assets.
Crude Oil Prices Zoom after Reports By Energy Minister of OPEC
Gold Silver Reports ~ Crude Oil Prices Zoom after Reports By Energy Minister of OPEC- member United Arab Emirates sparked hopes of a coordinated production cut, but oversupply concerns damped gains.
Why Gold is Going Up Up Up? – Video
Stocks tumbled and gold prices surged to a one-year high with Federal Reserve Chair Janet Yellen unable to stop the latest market upheaval
Gold Surges to One Year High – Video
Gold Up Up Up Surges To One~Year High on Financial Uncertainty
Gold Up 2.6 Percent on Interest Rate Report
Gold Silver Reports ~ Gold climbed to its highest in almost nine months on Thursday as the dollar, U.S. Treasury yields and equity markets dipped on bets that the Federal Reserve could find it hard to raise U.S. interest rates this year.
Gold Rocket on U.S. Rate Hike Report
Gold Silver Reports ~ Gold climbed more than 1 percent to its highest in 8 months on Thursday after Federal Reserve Chair Janet-Yellen stressed that U.S. interest rates would rise gradually.
The Fed is unlikely to reverse its plan to raise interest rates further this year, but tighter credit markets, volatile financial markets, and uncertainty over Chinese economic growth have raised risks to the U.S. economy, Yellen told U.S. lawmakers on Wednesday.
*A slowing of rate hikes could help bullion, keeping down the opportunity cost to hold it.
*Spot gold Zoom to $1,213 an ounce, its highest since May 22, before paring gains to trade up 0.9 percent at $1,208.27 by 0059 GMT.
After Yellen Reports, Gold Near 8 Month High
Gold Silver Reports ~ After Yellen Reports, Gold Near 8 Month High on Wednesday after U.S. Federal Reserve Chair Janet Yellen said that only “gradual” adjustments to monetary policy were likely and stressed that global headwinds could hurt U.S. growth.