Gold slips lower as dollar firms Nov 21, 2009
" Silver was at $18.28 an ounce against $18.51. Metals consultancy GFMS said on Thursday the metal may rise above $20 an ounce as surging investment more than offsets a drop in fabrication demand. [ID:nN19617870] Platinum was at $1,433.50 an ounce against $1,441.50, while palladium was at $360.50 against $366. Fellow platinum group metal rhodium rose to a fresh 13-month high of $2,675 an ounce on Friday, lifted by speculative demand in anticipation of a bounce in car sales. Ruthenium meanwhile... (Business Report, South Africa)
Oil eases on stronger greenback Nov 21, 2009
There is a risk that oil can rise to $US80, $US90 or $US100 because of speculative demand'' that doesn't reflect economic fundamentals, he said. Analysts surveyed by Bloomberg News were split over whether crude oil prices will fall or be little changed next week. (Sydney Morning Herald -- Business)
Gold price returns to fresh high Oct 8, 2009
"A mix of unfounded inflation fears, conspiracy theories and speculative demand looks more like the ingredients for a speculative bubble than the grounds for a sustainable increase in prices," said Julian Jessop, economist at Capital Economics. The price of gold is typically strong in the October to December period because of the higher demand for jewellery in the run-up to Christmas and the Indian festival of Diwali. (BBC News -- Business)
Scourge of commodityinflation returns Sep 18, 2009
John Maynard Keynes likened commodity and asset markets to a casino and introduced the concept of speculative demand for money to support speculative activities. Stock exchanges, futures markets, commodity exchanges, and exchange markets are dominated by speculators. (Asia Times Online)
Gold Trades Near $1,000 an Ounce, Heading for Best Weekly Gain in 5 Months Sep 4, 2009
The proximity of the gold price to the $1,000 mark means that speculative demand is likely to stay high in the short term. . (Bloomberg -- Europe)
Data suggest recession in the U.S. far from over Aug 18, 2009
A second reason to fear a double-dip recession concerns the fact that oil, energy, and food prices may be rising faster than economic fundamentals warrant, and could be driven higher by the wall of liquidity-chasing assets, as well as by speculative demand. The global economy, barely rising from its knees, could not withstand the contractionary shock if speculative forces were to drive oil rapidly towards 100 U.S. dollars a barrel. (Xinhuanet, China)
CFTC prepares crackdown on speculators Jul 8, 2009
The role of financial investors in commodities markets has been under scrutiny since last year when some lawmakers blamed speculative demand by hedge funds, pension funds and other institutional investors who invest through index funds for exaggerating price swings. Many blamed excessive speculation for a 45 per cent surge in oil prices in the first seven months of 2008. (FT.com -- Markets)
Luxury housing - down but not out May 28, 2009
The drubbing in the luxury-housing segment is also being attributed to excess supply and speculative demand ... However, as prices began rising rapidly, speculative demand built up. (India Times)
Market.view: Lustre lost Feb 23, 2009
Speculative demand clearly plays its part; as one of the few assets currently rising in price, gold may be particularly popular in such circles. Speculators can sell as quickly as they have bought. (The Economist)
