Gold News

Last week, we posted an article titled the “Short-Term Correction Should Finish This Week”. The very next day, gold prices fell to a low of $1,310.70. That appears to have marked the cycle bottom. With the Fed meeting behind us, gold prices are primed to rise throug
Today was a big day for investors across the board. That's because today was the day that the meeting minutes from the July FOMC meeting were released. As a result of the meeting results, gold climbed dramatically. Today, we'll talk about what we heard, why it has a
Gold prices fell the day after the terrorist attack in Nice (France), but rose initially on Turkey’s coup. Why does gold react differently to distinct geopolitical events? Nice and Gold On 14 July, Mohamed Lahouaiej-Bouhlel, a Tunisian resident of France, deliber
Precious metals were generally seen lower this week as a surging US stock market and easing fears post-Brexit caused selling in certain safety assets. Gold Price For the week ended Friday, July 22, gold closed down $14.30 to $1,323.40. Such was a 1.1% drop com
Last week it looked like gold and silver were dropping into a quick half-cycle low before turning immediately higher. However, this correction is lasting too long for a simple half-cycle depression. Therefore, we are more likely to be forming the second common of th
Lately, gold and silver have been hot commodities, and for good reason. Both of these commodities are considered to be safe haven investments, and let's face it, the global economy is scary at the moment. As a result, investors and consumers alike are looking to pre
The first half of the year is behind us. How did gold perform in the past six months? Gold Is Among The Best Performing Assets In H1 The two first quarters of 2016 were excellent for the shiny metal. Gold was one of the best-performing assets at that time. It
Gold has been hot recently. Even now during the summer months, which is typically the slowest time of year for the shiny yellow. Yet, even with the $110 intraday surge on June 24th after the affirmative Brexit vote, gold still has some work to do to convince the
Precious metals saw their first weekly declines of the summer on profit taking and seasonal weakness trends. Gold Price For the week, the price of gold fell $29.70, closing at $1,337.70. This was a 2.2% drop from a week prior, and the first weekly decline in s
Gold has been climbing in a big way this year, and for good reason. In fact, there are several good reasons that the precious metal has been gaining. You see, gold's price, like any other commodity is dependent on the law of supply and demand. When supplies are head