Gold
CME accepts gold as collateral for trades
The clearing house of global exchange CME Group - CME Clearing - has announced it will now accept gold as collateral for trades on the exchange.
Gold rally could break by year-end
Gold has pushed above $1,000 an ounce for the first time since February, strengthened by the weak dollar. But how sustainable is the most recent rally?
ETF Securities debuts commodity funds on Tokyo Stock Exchange
ETF Securities has launched a new platform in Japan for physically backed precious metal commodities exchange-traded funds (ETFs). Five funds began trading on the Tokyo Stock Exchange on August 24.
ETF Securities launches Japanese platform for commodities funds
ETF Securities has launched a new platform in Japan for physically-backed precious metal commodities exchange-traded funds (ETFs). Five funds began trading on the Tokyo Stock Exchange today.
US Wrap: Gas and gold in reverse convertibles
Barclays Bank has issued a reverse convertible note offering exposure to the US Natural Gas Fund, which tracks the movements of natural gas prices. The note lasts one year and pays an annualised coupon of 20%. It will convert into stock if the fund slips…
US Wrap: JP Morgan launches kickout on gold equity fund
JP Morgan has unveiled a new autocallable note linked to the Market Vectors Gold Mining ETF. The 18-month investment will pay a coupon of 5.25-6.25% if the fund is at 100% of its initial level after three months. If not, the product will continue to its…
Testing the metal
Interest in physically backed exchange-traded gold products boomed last quarter on the back of counterparty risk fears. But the industry is divided on what impact the surge of inflows had on the physical gold market's prices. Could the same effect now be…
Safe haven
Gold has been a favourite with investors looking for a safe haven since last year's turbulence began. But will this persist in 2009, or will the precious metal start to lose its shine as a hedging option? Pauline McCallion finds out
Safe haven
Gold has been a favourite with investors looking for a safe haven since last year’s turbulence began. But will this persist in 2009, or will the precious metal start to lose its shine as a hedging option? Pauline McCallion finds out
Lost shine
Gold
Hot and gold
Two gold-linked products are on offer, one by Quantum Asset Management in the UK, and another by Morgan Stanley in the US. Both are attractive propositions, though the US product has more obvious advantages
Gold producer hedging drops to record lows
Gold hedging plunged by another 18% in the first quarter of 2008, shrinking the global delta-adjusted hedge positions to 22 million troy ounces (Moz).
Bullish on bullion
Gold
Step up to the bar
Energy and Commodity Rankings 2008: Metals
ORX database expected early next year
LONDON - The operational risk loss database run by the Operational Riskdata eXchange Association (ORX), a consortium formed by 12 international banks to pool their op risk data confidentially, is expected to begin operating around the start of February,…
Gold hedging falls 4.5% in 2001, says study
Gold hedging fell 4.5% last year, as producers saw little premium from selling gold forward due in part to the low interest rate environment.
Basel II seen as meeting key challenge
The Basel II banking accord is the latest and highly welcome example of how regulators and policy-makers are meeting one of the two key challenges facing them today, Bank for International Settlements (BIS) president Urban Bäckström said in June.