Gold News

Gold had yet another strong day in the market on Tuesday, and for good reason. The precious metal is seeing increased demand for several reasons. Today, we'll talk about the demand factors that are driving the price of the precious metal up at the moment, and what w
The US Dollar Index is not a measure of the value of the US dollar relative to gold. However, there is a relationship between the US Dollar Index and gold price rallies. The best gold price rallies came during periods where the US dollar index was in a declining
The US economy added 151,000 jobs in August. What does it imply for the Fed policy and the gold market? Surprising Weakness Total nonfarm payroll employment rose only by 151,000, according to the U.S. Bureau of Labor Statistics. Analysts expected 175,000 jobs crea
Precious metals finished moderately higher for the week after strong gains on Friday, as US employment data missed analyst estimates. Payrolls were reported at 151,000 additions in August, which was lower than the median forecast of 180,000. The US dollar fell on th
Today is proving to be a big day for gold investors…and for good reasons. Early this morning, the US jobs report was released, widely missing expectations and showing sharp contrast to the ADP employment report. Today, we'll talk about the news, what it has to do wi
Gold has had an incredible run throughout the year. However, it seems as though more and more news is hitting that will likely lead to declines in the value of the precious metal. In fact RBC Capital Markets recently released a report that is causing declines in the
On Friday, Fed Chair Janet Yellen delivered a speech entitled “Designing Resilient Monetary Policy Frameworks for the Future” at the Federal Reserve Bank of Kansas City in Jackson Hole, Wyoming. What can we learn from it? September Hike More Likely As we had e
Before we discuss the all-important similarity between the current gold price path and what we saw in 1983, we’d like to discuss why focusing on such similarities makes sense if it seems that gold’s price movement is simply based on the news – either from
Precious metals fell for the week as Fed Chairwoman Janet Yellen hinted at the Jackson Hole economic symposium on Friday that an interest rate hike might be in store for the United States later this year. The US dollar rose on the day as precious metals were mostly
Gold has had a tremendous year in 2016, for the most part. However, more recently we've seen some big declines. In fact, we've watched as the price of gold has gone through a correction subsequent to news from the Federal Reserve that became available earlier in the