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By Chris Poindexter  Foreign currencies rallied against the dollar sending commodity prices higher as the investment world can’t seem to decide whether Europe is headed for a breakup or China is in for a hard landing.  Gold was up $11.40 to $1,591.68 and silver was up $0.15 to $27.11, with the silver/gold ratio at 58.7. The euro clawed back some ground against the dollar, bringing commodities along for the ride.  Joining gold and silver to the upside were platinum, palladium, crude oil and copper as commodities rallied pretty much across the board.  Trying to figure what moves markets on a daily basis is an exercise in frustration, but the good news is that gold prices are largely tracking with fundamentals.  In that regard gold has been doing its job maintaining pricing relative to currency and actually beating the currency spreads on most days.  Demand for gold is holding up quite well. Holding gold is your insurance for the gap betwee...

Is the gold rush over? Investors frustrated as price stagnates far below $1,920 high and forecast is cut again Gold dazzled investors last year, but such excitement has long since dimmed. So is bullion biding its time for another run, or is the party over

Retrieved from  http://www.businesslive.co.za/southafrica/sa_markets/2012/07/10/gfms-sees-gold-price-above-1800oz-in-h2-2012 The gold market is expected to remain choppy in the very short term, although the price should be well supported in the mid-$1,500s per ounce, says Philip Klapwijk, global head of metals analytics at Thomson Reuters GFMS. However, the consultancy forecasts that the gold price will comfortably exceed the $1,800 mark in the second half of 2012 as investment demand grows. “We would not be surprised if heightened volatility were to continue, in part as investors’ interpretation of the impact of macroeconomic news on gold seems to be increasingly variable. Despite this noise, and the stagnation in the price that we have seen over much of the year to date, we believe the gold bull market remains intact,” he said at the launch of the Chinese Edition of Gold Survey 2012 in Beijing on Tuesday. “Indeed, as we move into the fourth quarter, a clearer up...

By Dave Brown from  http://goldinvestingnews.com/18800/gold-prices-may-peak-in-2013.html Gold price forecasts for 2011 through 2013 were recently reduced by troubled French Bank, BNP Paribas, following the recent volatility in gold price valuations. In the near term, a further correction in the gold price may be warranted with physical gold sales and investment redemptions being realized to offset losses in other asset classes. Over a medium to longer term investment horizon, Precious Metals Research Analyst Anne-Laure Tremblay remains optimistic, “We see the gold price peaking in 2013, as the market starts to anticipate monetary tightening in the United States, but do not expect a sharp fall thereafter.”  BNP Paribas reduced its near term outlook on gold prices to average $1,730 per troy ounce in the fourth quarter, down from its earlier estimate of $2,170 per troy ounce and further reducing its target 2012 gold price forecast to $1,950 per troy ounce. Investm...

By Smith McKenna, LLC from  http://finance.yahoo.com/news/perfect-time-invest-silver-says-070000529.html HOLLYWOOD, Fla., July 2, 2012 /PRNewswire-iReach/ -- Historically, silver has a mirroring relationship to gold that is seen by its value ratio.  Right now that value ratio is extremely distorted, with today's ratio being around 57oz. of silver to 1oz. of gold. For comparison, in 2011 it was around a ratio of 20 to 1.  The current value ratio gap between gold and silver is actually far from normal, which means it will naturally correct itself as history has proven time and time again.  How will it do that?  The price of silver will likely experience a boom, naturally closing out the gap and driving investor gains up significantly; potentially outperforming gold by as much as three times. Stephen M Smith of Smith McKenna, LLC firmly believes that the current price of silver won't last very long; leaving a small window for those to increase their s...