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United Kingdom

Frank Tang

Gold hits 3-week high after China rate cut, ECB comments

21 Nov 2014

NEW YORK/LONDON Gold climbed above $1,200 an ounce on Friday to its highest in three weeks, helped by short-covering and after a surprise interest rate cut by China fueled hopes that demand would rise in the world's biggest consumer of the metal.

Gold rises as price drop tempts physical buyers

20 Nov 2014

NEW YORK/LONDON Gold rose on Thursday on data showing rising U.S. inflation, and after the previous day's 1-percent drop triggered renewed physical interest by price-sensitive Asian buyers.

Silver demand to fall 7 percent in 2014 - Thomson Reuters GFMS

19 Nov 2014

NEW YORK Demand for silver will post a 7 percent decline in 2014 because of a slower pace of buying by jewelers and industrial fabricators in the first three quarters of the year, metals consultant Thomson Reuters GFMS said on Tuesday.

Gold rises, briefly breaks $1,200/oz as dollar drops

18 Nov 2014

NEW YORK/LONDON Gold climbed nearly 1 percent on Tuesday, briefly breaking above $1,200 an ounce, as the dollar fell against the euro due partly to better-than-expected German investor sentiment data.

Gold eases off two-week high as dollar gains on Japan recession

17 Nov 2014

NEW YORK/LONDON Gold eased from a two-week high hit earlier on Monday as the dollar rose on news that Japan had slipped into recession, and strong technical resistance could also further limit bullion's gains in the near term, analysts said.

Paulson hangs on to gold in third quarter; Soros cuts back

15 Nov 2014

NEW YORK Hedge fund Paulson & Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the third quarter, bolstering the confidence of bullion investors at a time when an improving U.S. economic outlook pummeled gold prices.

Gold up 2 percent as dollar drops, physical demand rises

11 Nov 2014

NEW YORK/LONDON Gold rose around 2 percent on Tuesday as the dollar fell and the previous session's two-percent slide triggered physical buying interest among Asian investors, though prices remain under pressure from all-time highs in the U.S. equity markets.

Gold up 1 pct as retail, physical demand rises

11 Nov 2014

NEW YORK/LONDON Gold rose 1 percent on Tuesday as the previous session's two-percent slide triggered physical buying interest among Asian investors, though prices remain under pressure from all-time highs in the U.S. equity markets.

Gold falls over 2 percent as dollar rises; open interest eyed

10 Nov 2014

NEW YORK/LONDON Gold fell over 2 percent on Monday as the dollar rose, nearly wiping out its previous session's rally, but signs of renewed buying interest in the U.S. futures market could underpin prices, traders said.

U.S. Mint temporarily sold out of Silver Eagles amid huge demand

05 Nov 2014

NEW YORK, Nov 5 The U.S. Mint said on Wednesday it has temporarily sold out of its American Eagle silver bullion coins following "tremendous" demand in the past several weeks.

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