Oracle Starts SPDR Gold Trust ETF (GLD) at Strong Buy, Raises Rumors about North Korea Selling

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Gold Bounces Back Amid Cyprus Concerns, Bolstered by Asian Buying

April 17, 2013 10:13 AM EDT

iShares Gold Trust (NYSE: IAU) and SPDR Gold Trust (NYSE: GLD) are ticking higher Wednesday following weakness that less to the largest dip in gold since 1983.

June contracts are up modestly to $1,387 per ounce on the Comex,... More

A Short List of (Relatively) Safe Gold Stocks

April 16, 2013 2:32 PM EDT

This week gold and silver were the talk of the town on Wall Street after panic sent precious metals sharply lower. There is no shortage of theories about gold's massive plunge - everything from Cyprus central bank selling, a large margin call, fears of Fed tightening, ETF liquidation, and so on. Whatever the case, it's clear that... More

CME Group Boosts Margin Requirements on Gold Following Sharp Drop

April 16, 2013 7:08 AM EDT

Following the plunge in gold on Monday, the CME Group (NYSE: CME) said it would raise collateral requirements for trading the precious metal, along with natural gas futures contracts.

Margins on 100-troy ounce gold futures will increase by 19 percent while nat gas will rise 5.6... More

Amid Sharp Two-Day Drop, Traders See Rebound in Gold Over Next Month (GLD)

April 15, 2013 2:54 PM EDT

Gold is having a tough day, dropping over $140 per ounce in New York. Reports have the move as the largest one-day drop in the precious metal since 1983 and the worst two-day drop... More

Peter Schiff Weighs in on Gold: 'Despite its current disfavor, gold is real wealth'

April 15, 2013 12:11 PM EDT

Noted gold (NYSE: GLD) bull Peter Schiff weighed in on gold following the $200 per once slide over the past two days. He said despite the recent disfavor, gold is real wealth and central banks realize this.

Gold in the Crosshairs

In the opening years of the last decade, most mainstream investors sat on the sidelines while "tin hat" goldbugs rode the bull market from below $300 to just over $1,000 per ounce. But following the 2008 financial crisis, when gold held up better than stocks during the decline and made new record... More

Gold & Other Commodities Plunge as Panic Runs Wild

April 15, 2013 11:34 AM EDT

Last Friday Citi put out a very bearish note on commodities, saying the 'death bell' rings for the commodity supercycle. The report coincided with a technical breakdown in gold. Taken together with lingering concerns about tighter Fed monetary policy, the news sent gold prices below $1500 per ounce. That's where the story began.

This morning Citi followed up the note with a downgrade of copper name Freeport-McMoRan... More