• By - Bob G.
    Gold prices surged on Thursday, propelled above $1,300 per ounce as the U.S. dollar
    faded after U.S. President Donald Trump called off a summit with North Korea, stoking political tensions. Trump canceled the meeting with Kim Jong Un, planned for June 12, even after North Korea followed through on a pledge to blow [...]


    This post was posted in Gold News

  • By - Bob G.

    After the biggest weekly drop in five months, gold bulls are not ready to give up their tug of war against the bears just yet, according to analysts.
    As gold gets ready to close the week below $1,300 an ounce for the first time this year, analysts are scrambling to project where the [...]


    This post was posted in Gold News

  • By - Bob G.
    The market has not been especially good to gold (GLD) so far this year, with the price of the yellow metal being down slightly year-to-date and exhibiting strong volatility around the $1,300/oz. level. This is likely a factor of the strength that the U.S. dollar has been exhibiting as the two assets [...]


    This post was posted in Gold News

  • By - Bob G.
    Gold prices gained as much as 1 percent on Friday on a faltering dollar and equities as investors scurried to safety after U.S. President Donald Trump moved towards long-promised anti-China tariffs, prompting a strict response from China amid fears of a global trade war.
    Trump signed a presidential memorandum on Thursday that could [...]


    This post was posted in Gold News

  • By - Bob - G.
    Did you know that 23% of U.S. households have more than one refrigerator? Or that American workers who earn between $75,000 and $99,999 contribute an average of 7.7% of their incomes to retirement accounts? Americans live in what is almost certainly the most quantified society in the history of human existence [...]


    This post was posted in Gold News

  • By Bob - G.
    On Tuesday, the return of the safe haven buyer and a weaker US dollar combined to lift the metal to its highest level since the election of Donald Trump on November 8.

    Gold futures in New York for delivery in August, the most active contract, touched a high of $1,298.80, up more than 1 [...]


    This post was posted in Gold News

  • By - Bob G.
    * Spot gold may revisit low of $1,222.51/oz- technicals * Holdings of SPDR Gold Trust down 0.56 pct on Friday * Specs raise net longs in COMEX gold to highest in over 3 months (Updates prices, adds details, comments) By Arpan Varghese March 6 (Reuters) - Gold was little changed on Monday [...]


    This post was posted in Gold News

  • By - Bob G.

    Hoarding gold is a centuries-old reaction to times of crisis, and the aftermath of the EU referendum vote is no different.
    The yellow metal has soared in value since Britain voted to leave the European Union as investors shoot towards traditional "safe haven" assets. Prices have reached a three-year high as Brexit worries intensify.

    An ounce of gold is now worth $1,327 (£1,003), up [...]


    This post was posted in Gold News

  • Bob - G.
    Brexit and dovish Fed boost gold, silver prices

    With Brexit-related turmoil and delayed expectations for the Federal Reserve to raise interest rates, investors can’t seem to get enough of gold: their appetite for the safe haven has just risen to an all-time high, according to the latest flow report from Bank of America Merrill [...]


    This post was posted in Gold News

  • By Bob - G.

    Silver prices hit a two-year high above $21 per ounce on Monday, as precious metals continue to gain from the safe-haven rally following the U.K. referendum.
    Some investors say silver has further to run and may be a better bet than gold.

    "Silver is a metal that most people don't really think about when [...]


    This post was posted in Gold News

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