Gold News

Gold has been a very interesting commodity to watch as of late. Recently, we've seen quite a bit by way of declines as investors believed that the Fed would increase its interest rate. However, late last week, new data was released that suggests that a rate hike is
The US economy added only 38,000 jobs in May. What does it imply for the Fed policy and the gold market? Nonfarm Payrolls Are a Nightmare Total nonfarm payroll employment rose by just 38,000 in May, according to the U.S. Bureau of Labor Statistics. Econom
Ben Franklin said, “that which hurts, also instructs.”  So, one would assume that all those that have been burned in the metals market for the last five years should have learned something by the pain they felt in their accounts.  Sadly, this does not s
Gold has been on a wild ride over the last few months. After climbing through the most part of the new year.  The price of the precious metal recently started to see big declines as the US economy started to show strong inflation. However, data that was release
Admit it: if your first instinct on the economy is to buy gold, then you probably don’t have very bullish thoughts on the world economy. Gold’s role as an economic hedge—and a hedge against inflation—means that those who often buy a lot of gold don’t see a particula
Gold has now fallen for four weeks in a row and has come back into an important technical support zone. This is the lower range of the anticipated trajectory we have been outlining for some months. We expect prices to now begin to carve out a bottom, though this pro
With the Federal Reserve giving indications that it may raise interest rates in June, many people think that the bull run for gold that opened up this year, might be at an end. This is short-sighted thinking. The truth is, if you really want to know where gold
Regular readers will remember that the ratio of the price of gold to the price of silver is one of the top variables we look at when determining which of the two precious metals is the better bargain. But if you really want to understand the historical context of
The British referendum on the United Kingdom’s membership in the European Union is coming. Will Brexit bring financial apocalypse or deliverance from nefarious Eurocrats? What does all this mean for the gold market? Odds Of Brexit Diminish One week ago, we wro
Memorial Day is typically a day off for many people in the financial sector - but that doesn't mean there can’t be major moves in the world of gold, the U.S. dollar, and the Federal Reserve. Today it’s Federal Reserve Chief Janet Yellen adding to recent signals t