Gold News

Gold is trading at high levels versus many other assets. What does this mean for the gold market? Platinum to Gold Ratio There is an old joke about two economists who meet on the street. One asks, “How’s your wife doing?” The other responds, “Relative to what?” Th
The price of gold has been rising recently despite some positive headlines on the U.S. economy. What does it mean for the gold market? Upward GDP Revision Real GDP growth for the fourth quarter was revised upward from 0.7 to 1.0 percent on an annual basis in the s
For more than a year, the United States Federal Reserve has been a primary topic of discussion in the finance realm, and for good reason. In late 2014, the Fed said that it would be increasing its historically low interest rate by the end of the year in 2015. While thei
The annual meeting of the leaders of the world’s top economies has just ended. What does it imply for the gold market? G-20 Disappoints The weekend meeting of G-20 finance ministers and central bank governors disappointed the markets. Shares retreated in Europe an
Yesterday, the Shanghai Composite Index tumbled 6.4 percent. What does it imply for the gold market? Bears Strike Back The Shanghai Composite Index plunged 6.4 percent (187.47 points) on Thursday, hitting a three-week low. The decline practically erased a 10 pe
Business activity in the Eurozone hit a 13-month low in February. What does it imply for the gold market? Is Eurozone Recovery Over? According to Markit, business activity in the Eurozone grew at the slowest rate since January 2015. The flash Markit Eurozone PMI f
There’s no doubt that 2016 has been an interesting one for gold. Though the stock market is sputtering and there continues to be a lot of pessimism about the quality of the economy as a whole, the price of gold has had some investors seeing a “bull market” for the preci
Over the weekend, David Cameron, British Prime Minister, announced a referendum to decide whether the UK should remain in the European Union. What does it mean for the gold market? EU-UK Deal David Cameron’s conservative party won the elections in 2015 promising t
Some economists call for the outright abolition of cash. What would it mean for the gold market? War on Cash Today, cash is under attack like never before. More and more countries are disallowing cash payments for lower and lower amounts. In Sweden, the progress t
Monday was yet another bad day for gold. In fact, it was the second trading session in a row that we've seen declines in the precious metal. So, what's causing the declines and are they likely to continue? Today, I'll do my best to answer this question. Why Gold Is F