7/21/2014 4:01:34 PM By: Peter LaTona

EMERGING MARKETS MAY BOLSTER GOLD PRICES - WORST BEHIND US

According to a recent research note from BoA/Merrill Lynch, the worst may be over for the Gold market. " After the sharp correction in 2013, gold prices have stabilized this year. Looking at supply and demand dynamics, this was heavily influenced by reduced investor selling at the same time as physical offtake from emerging markets has been steady," BoA/ML analyst Michael Widmer said in the research paper. The price going forward will greatly be supported by buying in the emerging markets. " We believe that physical demand from emerging markets will gain further clout in the medium term as countries get more affluent, suggesting the worst may be behind the gold market," Widmer said.

Mohamed El-Erian warned on CNBC today that investors should be paying more attention to the uncertainty being created in Ukraine and on the Gaza strip. He warned that complacency has been rewarded because the Fed has been standing by the markets.  " But the problem is if you step back the process is getting worse. It involves nonstate actors, which means it' s much harder to contain," El-Erian said. " Unlike the old days, there is no outside power that informs, influence, or impose outcomes."

At 5 p.m. (ET) the APMEX Precious Metals spot prices were:

• Gold, $1,313.90 Up $3.50
• Silver, $20.97 Up $0.09

7/21/2014 8:22:34 AM By: Ryan Schwimmer

PRECIOUS METALS RECOVER AMID GLOBAL TENSIONS

After Gold&rsquo s first weekly fall in the past seven weeks, Silver is leading the way of a Precious Metals rebound this morning. VTB Capital analyst Andrey Kryuchenkov said, " Today we are likely to remain in narrow range, with some buying coming in as traders watch the headlines on the geopolitical side." However, macroeconomic conditions may reenter the fold later in the week, Kryuchenkov said.

U.S. stock futures appear spooked by situations in Gaza and Russia, as Wall Street looks to start lower. With few economic events or earnings reports due today, the weekend&rsquo s headlines of global tensions. Brenda Kelly, chief market strategist at IG, said, " We are seeing a push toward more defensive sectors [in Europe] and expect that to follow suit when U.S. markets open."

At 9 a.m. (ET), the APMEX Precious Metals spot prices were:

• Gold, $1,316.60, Up $6.20.
• Silver, $21.04, Up $0.15.

Perfect Week That Shows Just How Dangerous Gold Is To Trade

By  Warren Bevan  -  July 19, 2014

Markets and stocks were very weak and choppy and didn' t give us any easy trades this past week. We' re in the summer doldrums right now and while it' s no fun, we are setting up a nice long base that should set us up for nice moves into the fall which is the strongest...

Gold & Silver Trading Alert: Implications of Thursday' s Strong Rally

By  P. Radomski  -  July 18, 2014

Briefly: In our opinion (full) speculative short positions in gold, silver and mining stocks are now justified from the risk/reward perspective. In our yesterday&rsquo s second alert we wrote that yesterday' s rally was quite likely to be a one-time event and that it didn&rsquo t...

7/18/2014 8:08:19 AM By: Ryan Schwimmer

 

7/18/2014 8:08:19 AM By: Ryan Schwimmer

July 17, 2014 - 17:20:53 PDT

Strong Investor and Industrial Interest Lead to Solid Silver Demand in 2014

These two categories, investment & industrial demand, are important to the strength of the Silver market & last ... read more