Gold News

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
A couple of weeks ago, I released an article titled Gold Forecast: The Next Great Buying Opportunity. Gold prices have since broken down as expected - and appear to be following the provided scenario. Investors that missed out on the 6-month rally, will be given ano
Gold has been one of my favorite commodities to watch throughout the year, and for good reason. The price of the precious metal has skyrocketed. However, more recently, we've been seeing declines. So, what's causing the declines…and will they last? What's Causing
For seven weeks now, gold has been bumping against its long-term down trend that has kept prices in check since 2011. Below we show the 8-year perspective for gold, noting the down trend in question (shown in magenta) that has been acting as resistance each time the pre