The euro has decoupled from the euro zone peripheral debt crisis in 2011.
[Selling silver short] natural with these giddy prices, one London trader told the Platts news service on Monday. Speculators are going to have to take profits soon. Shorts have been burned in the run-up, but keep coming back for more, he said, forecasting a $10 drop in the Silver Price short term.
UK Prime Minister David Cameron has suggested he may prevent former Labour PM Gordon Brown from becoming the next managing director of the International Monetary Fund (IMF).
Prices to Buy Silver and gold jumped at the start of Asian trade on Friday, hitting new 31-year and all-time Dollar records respectively, as Beijing reported a surge in China's growth and inflation rates.
Japan's fragile post-disaster political truce unraveled on Thursday as the head of the main opposition party called on unpopular Prime Minister Naoto Kan to quit over his handling of the country's natural calamities and a nuclear crisis.
China reported a surprise trade deficit for first quarter 2011 on Saturday -- which may have triggered a correction to the global risk-on trade.
Wholesale Gold Bars slipped to a 3-session low in London trade on Tuesday, finally bouncing higher from $1455 per ounce - some 1.5% below yesterday's new Dollar high - as world stock markets fell and major-economy government bonds rose.
U.S. stocks ended mixed on Monday as energy shares declined on lower oil prices and investors cautious ahead of the unofficial start of first quarter earnings season.
US stocks are mixed on global worries ahead of the unofficial start of first quarter earnings season.
Gold and [platinum-group metals] were irrelevant, according to one Asian dealer, as The silver market went nuts, with swift buying pushing spot silver prices to a fresh 31-year high above $42 per ounce.
The price of Gold reached new record highs vs. the Dollar on Wednesday in London, breaching $1460 per ounce as world stock markets also kept rising together with commodities and higher-yielding currencies.
Standard & Poor's Ratings Services said that it has downgraded its sovereign credit ratings on the Republic of Ireland to 'BBB+/A-2'.
Violence has broken out on the streets of central London, England has tens of thousands of people have demonstrated to express their opposition to drastic spending cuts by the British government.
Principals of The European Union (EU) who are meeting in Brussels to find ways to contain the euro zone debt crisis are dealing with the aftermath of the Portuguese parliament’s decision to reject an austerity budget.
In spite of the crippling sanctions and an arms embargo approved by the international community, Libyan leader Muammar Gaddafi continued to show resistance and the possible reason for such confidence could 144 tons of gold that he still controls.
Kenya plans to remove tax incentives in the 2011/12 (July-June) fiscal budget and widen collection to rope in more small businesses to increase revenues, Finance Minister Uhuru Kenyatta said on Monday.
Moody's Investors Service downgraded Greek credit rating on Monday, further roiling European credit markets and signaling the possibility of the debt-hit nation opting for a debt restructuring.
Moody's slashed Greece's credit rating on Monday on fears the country's efforts to cut its debt will not be enough, heaping further pressure on EU leaders to ease repayment terms on its bailout loans or risk a default.
The Nigerian naira weakened further against the U.S. dollar on the interbank market on Wednesday as strong demand for the greenback persisted in the face of static supply, traders said.
Irish opposition parties started coalition talks on Monday after a resounding election win gave them the mandate to renegotiate an EU-IMF rescue deal they fear will bankrupt the former Celtic Tiger economy.
Irish voters went to the polls on Friday to punish their government for bringing the former Celtic Tiger economy to its knees and leaving it a ward of the European Union and International Monetary Fund.
In the muggy forest of central Liberia, a gang of workers is inching its way along a railway track, cut long and straight through an otherwise impenetrable mesh of trees and vines. The drone of insects is interrupted by a high-pitched drill and the clang of hammers as workers put the finishing touches to the perfectly aligned steel tracks.
