05/02/2012
HSBC Lowers 2012 Gold Forecast 5% To $1,760/oz
HSBC has lowered its gold price forecasts for 2012 and 2013 amid weak demand from the Indian jewelry sector and lower expectations for further economic stimulus measures in the U.S.
05/02/2012
HSBC has lowered its gold price forecasts for 2012 and 2013 amid weak demand from the Indian jewelry sector and lower expectations for further economic stimulus measures in the U.S.
05/01/2012
Mr. Keitel views the recent correction in risky assets not as a reversal of fortune for the markets, but rather as a renewed buying opportunity in the coming weeks for investors, especially in light of what he believes are attractive valuations.
05/01/2012
The shares slid as much as 8 percent. Clients redeemed $4.1 billion from Man’s investment funds, which was partly offset by $3.1 billion of sales, the London-based company said today.
05/01/2012
At 1346 GMT, spot gold traded at $1,655.79/oz, down 0.4% on the day.
04/27/2012
ASIA will be a wholly owned subsidiary of Standard Chartered Bank that will be managed separately from the bank’s operations.
04/27/2012
The fund will have between 25 and 35 underlying funds, run by managers including Amundi Alternative Investments and Dalton Strategic Partnership, and featuring a diversified group of strategies.
04/25/2012
Russia added 16.55 tonnes, taking its total holdings to 895.75 tonnes, while Kazakhstan added 4.3 tonnes and Ukraine added 1.2 tonnes.
04/19/2012
As demand for silver bullion grows among private investors, The Gold Bullion Company have engaged the Arizona based Scottsdale Silver Company to add to their ever expanding product range.
04/17/2012
The shares were bought as part of regular activity to facilitate client trading, UBS Securities Canada said in a statement adding that it did not seek to control or influence Air Canada at any point.
04/17/2012
There have not been any funds added to the Dow Jones Credit Suisse Hedge Fund Index in March
04/17/2012
Gulf-government backed funds have been on a buying spree in Europe and are eyeing investments in real estate, infrastructure and other sectors.
04/16/2012
There has been one clear winner from the financial crisis – gold. Investors savvy enough to invest in the precious metal four years ago will be sitting pretty, but some experts believe that the commodity has had its day.
04/16/2012
Trading in diamonds is limited in the United States to the retail market for engagement rings and other jewellery and the back-room bargaining among merchants in places like Manhattan’s diamond district on West 47th Street.
04/13/2012
The firm, which runs approximately $2.7 billion and which was founded by Tony Chedraoui in 2009, shifted most of its staff around the start of April, a source familiar with the matter told Reuters.
04/13/2012
SMX, owned by India's Financial Technologies, is hoping to capitalise on the brisk trading interest in gold and silver futures contracts traded in India, the world's biggest gold consumer, and give potential players the opportunity to hedge via
04/13/2012
Schroders recently asked a group of pension funds their thoughts on defined benefit strategies, governance and de-risking.
04/13/2012
Northern Trust has announced that its hedge fund administration unit, Northern Trust Hedge Fund Services, has built significant momentum since the unit was formed by the acquisition of Omnium in July 2011.
04/13/2012
The WCAM name will disappear in the future and the four funds will take on the Liontrust branding.
04/09/2012
Turkey has announced some interesting policies towards gold recently. What are they up to...?
04/05/2012
American Eagle Silver coins reached 2.542 million, up 70.6% from February when dismal sales of 1.49 million were logged. The pace, however, was off 8.1% from the same time a year ago.