Precious Metals

While the gold price slid last night and further volatility is likely short-term, technical chartists at Barclays Capital suggest the longer-term uptrend remains intact.

It was a return to August-style trading last night as the Dow pulled back from the brink to post a 45 point gain. A bounce in the US dollar saw commodities heavily sold.

Credit Suisse likes the outlook for gold longer-term but sees potential for silver and platinum to outperform shorter-term as they play catch up to gold’s recent gains.

On the 20th anniversary of the crash of 1987, the Dow celebrated with a 367 point fall.

Stock markets again closed little changed last night as poor employment data sent the US dollar south.

US regional bank earnings reports reflected ongoing credit market concerns last night as oil pushed ever upward.

The Dow fell over 100 points last night as Wall Street was reminded the credit crunch hasn’t gone away. Global tensions drove oil higher.

The Dow put on 78 points as retail sales surprised and M&A came back.

The world’s second largest central bank holder of gold bullion is not in a selling mood just yet.

The Dow fell 248 points from its high to its low last night, finally settling down 63, as a tech sell-off revealed growing nervousness.