Gold & Silver

Money managers are trimming their speculative positions, but fundamentals of the metal are still intact

The bank’s forecast implies a surge of over $200 for bullion futures

The world’s largest 50 investment banks are on track to double their income from precious metals this year to around $2.5 billion, most of it from gold

Illegal shipments are estimated to have slowed to a trickle of about 2 tonnes a month, and may total about 25 tonnes this year