Gold News

It’s been a rough business week for the Dow Jones Industrial Average. After one of the first significant drops in a while on Thursday—ostensibly over lack of confidence in the Republicans’ ability to pass a comprehensive tax cut plan—the Dow Jones has yet to gain back i
Last week, the World Gold Council published a new edition of its quarterly report on gold demand. What does Gold Demand Trends Q2 2017 say about the demand for gold in the third quarter of 2017? Gold Demand Declined In Q3 Gold demand in the
After a severe selloff, precious metals have enjoyed a bit of a respite. Corrections are a function of time and/or price. The correction to the recent selloff has been more in time than than price. Metals and miners have stabilized over the past nine trading days but ha
The price of gold made an early jump on Wednesday morning, pressing as much as $10 per troy ounce ahead while the U.S. stock markets showed signs of lagging. Although the Dow Jones Industrial Average recently set another closing record as it flirted with 23,600 poin
Last week, I wrote: So while gold should definitively bottom this week, and is showing the potential for a significant bounce here, Gold Miners look like they could post a truly violent move. Put simply, gold’s next major move should see us rally to $1,300.
As President Trump prepares to nominate a new chair for the Federal Reserve this week, gold prices remain in a range bound consolidation. Not only has this grinding pattern been ongoing for the last several weeks, but when we examine the price chart for the last fiv
Heard about gold in the news recently? Chances are you haven’t heard much. Between terrorist attacks in New York City and big movement in the Russia investigation, the headlines are (rightly) focused elsewhere. But gold investors shouldn’t lose sight of the importan
Over the past two years, gold has been inversely correlated to bond yields. In a low inflation environment, falling bond yields drive real interest rates lower which benefits gold. Conversely, rising yields are generally negative for gold. When long-term yields exploded
Catalonia declared independence from Spain on Friday. What does it mean for the gold market? So it finally happened. On Friday afternoon, the Catalan regional parliament voted to declare independence. The declaration passed with 70 votes for and 10 against in a 1
Last week we wrote: We remain very bullish gold into year-end, but it looks like we need a final flush to get rid of the momentum players. That final flush should complete this week. Sure enough, we got that final flush, with gold dropping nearly 1% last week

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