Hot Gold Cools as Expected
Source: Business Day��(2/27/07)
"...While immediate gains are likely to be capped at around $690, a period of consolidation after recent blistering gains could provide the foundation for a sustainable rally," said Standard Bank of London in a daily note. "The $700 mark also remains a formidable psychological resistance level... More >

Gold and Uranium, A European Perspective
Source: Gold Seek��(2/27/07)
...It is possible the lack of European investors in the mining shares is a sign that we are still in the early stages of this bull market. Perhaps; but it is entirely possible that this bull market will take place basically on this side of the pond... More >

Raymond James Hikes Targets for Gold and Silver, Related Stocks
Source: SeekingAlpha.com��(2/26/07)
One of the reasons behind Raymond James’ decision to raise its 2008 long-term price target for gold to $650 (2008 forecast) is the fact that the StreetTRACKS Gold Trust (GLD) has continued to add gold-backed ounces. More >

BMO’s Coxe Dreams of Baubles, Bangles, and More Gold Investment Choices
Source: Mineweb��(2/25/07)
...“But gold’s role in the intellectual and cultural history of India is a far more significant inducement to buy bangles than the current CPI growth rate. India is the biggest gold-consuming nation in the world, and its consumption has risen so strongly..." More >

Not Just Gold – Base Metals and Uranium Surging Too
Source: Mineweb��(2/24/07)
...new records have been set for nickel, lead and uranium. The effect on commodity mining stocks has also been dramatic with gains on major exchange indexes again being commodity-led... More >

Gold Eyes $700
Source: Reuters��(2/23/07)
Rising security concerns, higher oil prices and inflation worries may propel gold prices towards $700 an ounce over the coming days, analysts said on Friday. More >

Lower Gold Output May Have Little Impact on Price
Source: Reuters��(2/23/07)
That's because prospects of lower output have already been built into the price of gold, which was fetching $676 an ounce in the bullion market in New York yesterday afternoon, according to the analysts. More >

New Year of the Golden Pig Brings Gold Reserves, Increased Output to China
Source: Mineweb��(2/18/07)
In 2006, China mined a record 240.08 tonnes of gold, an increase of 7.15% over 2005. China plans to increase production to 260 tonnes of gold in 2007, almost 20 tonnes higher than last year, according to the NDRC...
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Under Pressure
Source: The Gold Report��(2/16/07)
Gold analysts are buzzing and many investors are spooked about whether the International Monetary Fund (IMF) will decide to sell as many as 400 metric tons of its gold reserves. More >

Mineweb Readers Predict $719 Average Gold Price in 2007 and High of $848
Source: Mineweb��(2/16/07)
...readers were invited to predict the high, low, year-end and average gold price for the year according to London Bullion Market association daily price fixes, and as one would expect from a diverse range of Mineweb readers there were fairly wide differences of opinion apparent. More >

Record Dollar Demand For Gold In 2006
Source: The World Gold Council��(2/15/07)
The 2006 figures, compiled independently for the World Gold Council by GFMS Limited, reveal that identifiable investment demand in 2006 was 7% higher than in 2005 in tonnage terms, (637t vs 596t) and 45% higher in dollar terms, spurred by a 27% year on year tonnage increase in holdings of gold Exchange Traded Funds and similar products. More >

Gold To Float To $800: Goldcorp Chairman Sees Value Rising
Source: The Province��(2/15/07)
Gold's investment magnetism is strengthening as governments around the world scramble to print money, Telfer told a Vancouver Board of Trade luncheon yesterday. More >

Gold Price Hovers Near 7-Month Peak
Source: Reuters��(2/13/07)
Gold hovered just below seven-month highs on Tuesday, recouping losses from the previous day, with oil prices and the dollar seen key to steering the precious metal back up above $700. More >

Further Upside In Sight For Precious Metals
Source: Mineweb��(2/12/07)
Most of the key drivers behind the bull market for gold (and for the other precious metals) remain in place. This suggests that the downside is limited and any correction may offer a buying opportunity. Certainly recent trading behaviour in the gold market reinforces this point. More >

Americas Oil Slide May Raise U.S. Mideast Dependence
Source: Reuters��(2/10/07)
Oil production problems throughout North and South America will hurt US efforts to cut back on Middle Eastern crude imports, energy experts are saying. More >

Gold Futures Climb To August Highs After Rally Attracts Buyers
Source: Bloomberg��(2/9/07)
The metal is up 4.2 percent this year, outperforming commodities such as oil and copper. More >

ScotiaMocatta Anticipates $676/oz Gold, $20/oz Silver In 2007
Source: Mineweb��(2/9/07)
Canada’s Scotiabank’s bullion division ScotiaMocatta latest monthly precious metals analysis anticipates that gold may challenge $676/oz prices this year, while calls for silver to reach $20/oz “do not seem too farfetched.” More >

About Those Proposed IMF Gold Sales
Source: Doug Hornig - International Speculator��(2/9/07)
As you have probably heard by now, a blue-ribbon panel recently advised the IMF to sell gold as a way of trying to clean up its finances. The news initially spooked some weaker holders and hedge fund managers, most of whom are clueless about the overarching trends driving gold. More >

Gold Rises Above $650/oz, Seen Bullish In 2007
Source: Reuters��(2/6/07)
Gold rose above $650 an ounce on Tuesday on firmer oil and a slightly weaker dollar, and analysts said it could jump if it holds onto recent gains a bit longer. More >

Gold Extends Gains Amid Strengthening Oil Prices
Source: fxpress.com��(2/6/07)
Gold extended yesterday's gains as traders overlooked continued strength in the dollar and took comfort instead from strengthening oil prices. More >

Dundee Economist Says Dollar Diversification Will Turn To Gold
Source: Mineweb��(2/6/07)
Respected metals price and currency forecaster Dr. Martin Murenbeeld Tuesday predicted a stronger gold price in 2007, an overvalued U.S. dollar currency, limited supply and higher gold investment demand. More >

Gold May Rise, Extending Three-Day Rally
Source: Bloomberg��(2/2/07)
Gold may rise in London, extending three consecutive days of gains, on speculation a U.S. jobs report will indicate slower economic growth, buoying demand for the precious metal as an alternative to the dollar. More >

The Use Of Commodities Indices To Aid Portfolio Performance
Source: Mineweb��(2/2/07)
...As some inflationary fears developed so the commodities came into focus as a mechanism for hedging against inflation, both as a result of growing supply – demand deficits along with academic research that points to the viability of commodities as a portfolio diversifier. This is particularly the case for gold... More >

WEC Says New Nuclear Makes Economic Sense For Europe
Source: neimagazine.com��(2/2/07)
Encouraging investment through stable, consistent and predictable energy market rules are the key factor in determining the future of nuclear power in Europe, a new report from the World Energy Council (WEC) concludes. More >

Gold Bides Time As Federal Reserve Prepares To Meet
Source: Reuters��(1/30/07)
...So if the Fed is about to embark on rate cuts this year, that should be supportive for gold going forward," said Michael Lewis, head of commodities research at Deutsche Bank. More >