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Topic

Gold elite challenged by base metals bourse on market future

By: Bloomberg     10th July 2017 The world’s biggest industrial metals exchange is taking on the most powerful players in the gold market with the launch on Monday of its first futures contract for the commodity since the middle of the 1980s. The London Metal Exchange and its partners aim to grab a piece of the action in a city... 

Gold pinned to Brexit angst as traders see $1 350 if leave wins

By: Bloomberg     16th June 2016 Polls show Britons will vote next week to exit the European Union, and that has gold traders betting the precious metal will be a lot more valuable. Prices will rally to the highest in two years if the so-called Brexit campaign succeeds on June 23, reaching $1 350/oz within a week of the vote –... 

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