George Milling-Stanley, head of gold investment strategy at State Street, sees gold going $50 to $100 higher by year-end.
Gold sending a dark sign that 'almost everything has changed' in the market
Is there a Brexit silver lining? Yes, and Mohamed El-Erian sees two.
Jeffrey Gundlach, the chief executive officer at DoubleLine Capital, said on Tuesday that investors are dropping risky assets and turning to safer securities including Treasuries and gold because they are losing faith in central banks. "Central banks are losing control and they don't know what to do … just like the Republican establishment and Donald […]
European shares rose and sterling gained against the dollar and yen on Wednesday as expectations of dovish words from the U.S. Federal Reserve soothed investors on edge over whether Britain will vote to leave the European Union. Worries that Britain, the world's fifth-largest economy, could quit the EU after June's 23 referendum have dominated markets […]
If Yellen hints that July is on the table, gold will see a temporary swoon.
Environmental crime is a booming business. Sophisticated international criminal networks deal in illegal mining, logging, poaching and pollution.
Closely followed commodities investor Dennis Gartman is advising investors to buy gold in currencies that are most likely to weaken.
The S&P 500 materials index (.SPLRCM) climbed 0.6 percent following gains in copper and gold prices. The benchmark S&P 500 is now about 12 points shy of its all-time closing high of 2,130.82. The S&P industrials index (.SPLRCI) rose 0.7 percent, the day's best-performing S&P index.
NEW YORK/LONDON (Reuters) – Gold edged up to a two-week high and then retraced some gains on Friday, holding steady after Federal Reserve chair Janet Yellen said she still expected gradual U.S. rate increases. The precious metal had rallied 2.8 percent on Friday after surprisingly weak U.S. jobs data dampened expectations of rate hikes from […]
When it came to criticizing billionaire Michael Dell’s $24.9 billion takeover of Dell in 2013, few investors spoke more forcefully against the company’s takeout price than mutual fund giant T. Rowe Price Group. In fact, T. Rowe was among a group of investors that petitioned a Delaware judge to appraise the fairness of Dell and private equity buyer Silver […]
A U.S. judge said on Monday two units of Anglo-Swiss mining company Glencore Plc (GLEN.L) must face a private antitrust lawsuit accusing them of trying to monopolize the market for special high grade zinc, driving up its price. U.S. District Judge Katherine Forrest in Manhattan said zinc purchasers alleged "a plausible story of market control" […]
By James Oliphant and Dan Whitcomb WASHINGTON/LONG BEACH, California (Reuters) – If Hillary Clinton ends up losing California to Bernie Sanders, it will be because of voters like Nallely Perez. Perez personifies what a Clinton supporter was supposed to look like: a 24-year-old Latina who grew up idolizing the former first lady as a groundbreaking […]