Hedge Funds Are Holding First-Ever Gold Net-Short Position

Hedge funds are holding the first ever bet on a decline in gold prices since the U.S. government started collecting the data in 2006.

U.S. Stock Futures Drop on Jobs Data as Ringgit, Oil Rise

U.S. stock-index futures retreated after data Friday that showed the weakest American hiring in more than a year. Emerging-market currencies rallied with gold, while oil traded above $50 a barrel in New York.

Hedge Funds Raise Gold Bull Bets as Paulson Holds: Commodities

Hedge funds raised bullish gold wagers to a three-month high as signs of slowing U.S. economic growth spurred demand for haven assets. Billionaire John Paulson maintained his bullion holdings last quarter.

Gold Surrenders Streak as Investors Embrace Stocks With 20% Gain

Investors’ 12-year love affair with gold ended in 2013 as they abandoned the precious metal for stock markets in the world’s developed economies, lifting global share prices by the most in four years.

Gold Seen Rallying From Worst Streak in Eight Years: Commodities

Gold traders expect prices to rebound from the longest weekly losing streak in eight years as mounting concern that U.S. lawmakers are doing too little to control the budget deficit spurs demand for a protection of wealth.

Gold drifts lower as Spain worries weigh on euro

SINGAPORE (Reuters) - Gold drifted lower on Monday after posting its biggest quarterly rise in more than two years, tracking a weaker euro as Spain's struggle to control its finances worried investors.

US stocks gain following latest Greek debt deal

NEW YORK: US stocks rose on Monday after Greece's parliament voted for spending cuts so it can get a bailout to save the country from bankruptcy.

Qatari wealth fund on gold buying spree

The Qatari Royal family plans to spend up to $US10 billion ($10.4 billion) buying stakes in gold producers through their sovereign wealth fund, The Daily Telegraph can disclose.

The fund is seeking to invest in a range of natural resources, but gaining access to physical gold is its top strategic priority.

Yesterday, Qatar Holdings, which controls the wealth of the Middle East state’s royal family, confirmed it would invest about $US1 billion in European Goldfields, a London-listed miner currently developing the largest gold-mining project in Greece.

Soros: Gold Not Safe Anymore

by Paula Schaap ,Senior Reporter , September 16, 2010

Hedge fund manager George Soros said, despite his play in gold, that the precious metal wasn’t a safe bet anymore.

Speaking at a conference sponsored by Reuters, Soros warned while the commodity could go higher, it’s the “ultimate bubble.”

Soros has been calling a gold bubble since the start of the year. Yet, at the same time, he has invested heavily in gold ETFs through the SPDR Gold Trust and in gold mining companies, according to regulatory filings.

Gold prices were up to a new high early Thursday morning, at $1,278 per ouce.

Butn Soros said, in times of economic uncertainty, what he really prefers are plain vanilla blue-chip stocks with steady dividends.