Strong Demand from Emerging Markets, Limited Supply Keeping Gold Prices Up

Consumers are lapping up gold at a time supply is declining, helping underpin a rally in the precious metal, a market participant said Monday. Demand from emerging markets in particular is strong as currencies such as the Indonesian rupiah, the Malaysian ringgit and theVietnamese dong has fallen sharply in the last 12 to 18 months…

Strong Demand from Emerging Markets, Limited Supply Keeping Gold Prices UpDetails

Jim Rogers: There’s a 100% Probability of a U.S. Recession Within a Year

Rogers Holdings Chairman Jim Rogers is certain that the U.S. economy will be in recession in the next 12 months. During an interview on Bloomberg TV with Guy Johnson, the famous investor said that there was a 100 percent probability that the U.S. economy would be in a downturn within one year. “It’s been seven years, eight…

Jim Rogers: There's a 100% Probability of a U.S. Recession Within a YearDetails

Gold Gains as U.S. Stocks Slip

Gold futures rose Wednesday as U.S. stocks slipped, despite employment data that showed continued labor market strength. The contract for April delivery, the most heavily traded, settled up 0.9% at $1241.80 a troy ounce on the New York Mercantile Exchange. Gold futures are now up about 17% on the year, according to FactSet figures. Stocks…

Gold Gains as U.S. Stocks SlipDetails