Alan Greenspan's tone of voice moved gold and silver prices

Alan Greenspan's tone of voice moved gold and silver prices

Using text analysis software, the researchers at Edinburgh University found that just a 1 per cent increase in the amount of certainty in Mr Greenspan's tone of voice would increase the price of gold bullion by 0.1 per cent. However, a similar rise in …
See all stories on this topic

Gold's slide below wedge formation points to lower targets

Nearer term, Tuesday's rupture confirmed another double top around $1,390, the highs from June 12 and June 13, setting gold up for a downside price correction, Aymes said. Spot gold remained 1.3 percent lower at $1,366.60 an ounce late in Tuesday's …
See all stories on this topic

Gold slips on weak physical demand; Federal Reserve meet eyed

Shanghai gold futures fell 0.5 percent. Any signs of a significant slowdown in the Chinese market would be a big blow to bullion prices as investors expect China to offset slower buying from India. Another trader in Hong Kong said premiums there have …
See all stories on this topic