"Over 3000 Jewelry Merchants and Jewelry Shopping located on
12 City Blocks in Los Angeles's Historic Jewelry District"

With gold, silver and gold miner ETFs all close to all time highs, are they poised to move higher still?

Ratio followers reckon silver should be a better prospect than gold in the short term, while oil future may not be so positive unless Middle East disruption to supplies.

Mark O’Byrne submits: Gold: Risk appetite increased yesterday as the first day of the new month saw equity buyers return and bond prices fall. Gold and silver prices fell marginally but remained near multi week highs and in gold’s case very near the all time record high (nominally). European equity markets are a bit more tentative this morning and the pound and the dollar have come under selling pressure. Markets await the ECB decision and US jobs data and any negative surprises could be the catalyst for gold reaching new record highs (record daily high close is $1,258/oz and record inter day high is $1,265/oz). Gold is only a whisker away, just over 1%, from the record high and yet sentiment remains calm and media coverage muted. »

The first observation to make is that by weight India’s imports (and consumption) of silver have collapsed from levels of a few years earlier. Previously, Indian silver consumption fluctuated at a robust level of between 3,000 and 4,000 tons per year. In

Some ominous news, just as Life Insurance Awareness Month officially kicks off today. Ownership of individual life insurance has hit a 50-year low, according to a study released this week by LIMRA. Just 44% of U.S. households have individual life

Construction should start up on Discovery Metals’ big Boseto copper/silver project in Botswana in the fourth quarter.

Robert Kientz submits:This is Part 3 of a 5-part series on gold and silver price suppression. Please read Parts 1 and 2 before proceeding to read this article as each article in the series builds upon the last. It has been well documented that central banks were net sellers of gold until very recently, when the trend reversed in Asia, Russia, India, and others. Now while central banks are buying back gold in fear of paper currency collapse, they use other methods to keep gold’s price down. »

NYSE: CDE) is aiming to increase its output to 92,000 gold ounces from its Palmerejo underground and surface gold and silver mine. (CVE: TMM), a Vancouver-based junior resource company engaged in the acquisition, exploration and development of projects

CNBC-TV18�s Managing Editor, Udayan Mukherjee, spoke to Amol Tilak of Kotak Commodities about his outlook on gold, crude and silver. Here is a verbatim transcript interview. Also watch the accompanying video. Q: You are bullish on gold? A: Gold

Mungana Goldmines reported further results from drilling at the Red Dome project in North Queensland, Australia. The current programme has extended the Main Zone mineralization at least 250m to the east and down-dip of the previously defined resource and extended the Upper Zone at least 100m east and below the previous resource. Results from the Main Zone include the highest gold grades to date with Hole 995 intersecting 69.8m from 467m downhole at 2.39g/t gold, 0.08% copper and 7g/t silver including 17.2m from 489.6m at 6.18g/t gold, 0.16% copper and 15 g/t silver. Additional Hole 992 returned 41.5m from 573.4m with 1.35g/t gold and in Hole 993 found 23.4m from 386.9m with 0.2g/t gold, 1.02% copper and 18g/t silver.