Important gold market Information




MARKET TALK: Comex Gold Up With Stocks, Other Commodities (INO News)

1519 GMT [Dow Jones] - Comex gold is higher around mid-morning, getting a bounce from a rise in equities, says Patrick Donnelly, broker with Peak Trading Group. "With equities a little higher, it's given a boost to all of the commodities," he says.

Shobhana Subramanian: Protecting your portfolio when the market is down (Business Standard India)

The Dow was worth 20 ounces of gold both in 1929 and 1980, but bottomed at near one ounce of gold in 1932 and 1980. The recent bear market began with the Dow priced near 43 ounces of gold, and is worth less than 12 ounces today, on its way to re-test the 1932 and 1980 lows.

ECB Gold Reserves -115 Million Forex +EUR8.6 Billion In Week To November 28 (Nasdaq)

FRANKFURT -(Dow Jones)- The Eurosystem's reserves of gold and gold receivables decreased EUR115 million to EUR220.011 billion in the week ended Nov. 28, the European Central Bank said Tuesday.

Seabridge Gold CEO Seeks Sale, Partnership With Larger Rival (Bloomberg)

Dec. 2 (Bloomberg) -- Seabridge Gold Inc. , which has lost more than half of its market value this year, said it hopes to be bought by a larger rival in the next year or find a partner to help develop its 20 million-ounce KSM gold deposit in Canada.

Moncion Grocers wins gold (Pembroke Daily Observer)

Moncion Grocers Petawawa Market is capping off its 25th anniversary year with the gold Canadian Independent Grocer of the Year award in the large-surface category. [...]

Gold, other commodities tumble on economic data (AP via Yahoo! News)

Gold prices and other commodities tumbled Monday, as confirmation that the nation is in a recession further unnerved investors already concerned about a drop off in demand for raw materials.

Research and Markets: Gold Market Review - Out Now (Business Wire via Yahoo! Finance)

DUBLIN, Ireland----Research and Markets has announced the addition of the "Gold Market Review" report to their offering.

PRECIOUS METALS: NY Gold Falls On Economic Fears; Stops Hit (INO News)

Gold and other precious metals fell sharply Monday due to recessionary fears that also weighed on the stock market, as well as a stronger U.S. dollar, weaker crude oil and chart-based selling, traders and analysts said.

MARKET TALK: Traders Unwinding Recent Comex Gold Longs (INO News)

1512 GMT [Dow Jones] - Comex gold remains sharply lower around mid-morning, tumbling along with the stock market and crude oil, says Zachary Oxman, senior trader with Wisdom Financial.

Gold Investments Market Update - Gold Up 14% in November; Largest Monthly Gain Since September 1999 (GoldSeek.com)

In thin holiday trading, gold rose 1% on Friday closing above the important $800/oz mark for a gain of 3.1% for the week – its third week in a row of gains. It was up 14% for the month of November which was its largest monthly gain in more than 9 years.


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