Gold News

Gold Price Forecast: Where Will Gold Be Relative to Bitcoin in Another Year?
By Darren Capriotti - December 15, 2017
With the year coming to a close and the Federal Reserve calling in another interest rate hike in another bout of optimism for the economy as a whole, things don’t necessarily look good for gold. The precious metal—seen as a hedge rather than a key indicator for economic
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Gold’s Upside Target
By P. Radomski - December 14, 2017
In our Monday’s analysis, we emphasized that a lot changed from the short-term point of view, even though price changes in gold and silver were small. On Tuesday, we argued that closing our short position on Tuesday had been justified. Mining stocks soared by over 3% ma
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Forecast: Gold Prices Are Approaching A Low
By AG Thorson - December 11, 2017
Gold finally broke the October low, and prices should bottom within the next 1-4 weeks. The low could arrive next week if prices suddenly spike below $1,215. In December 2015/2016 gold bottomed 1-day after the FED announced a rate hike (see chart). The Fed meets Wed
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Is The Gold Price Really Strong?
By P. Radomski - December 11, 2017
Silver and mining stocks declined for yet another day, but this time gold ended the session with a (slight, but still) gain. How can we interpret the latter? Is it a sign of strength? In short, not at all. In yesterday’s, alert we emphasized that gold’s breakdown was
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Gold Prices This Week And Next Week’s Outlook
By Gary Tanashian - December 10, 2017
Let’s take a quick departure from gold into the hysterical world of Bitcoin. Multiple emails received last week noted concern about Bitcoin’s effect on gold. Below are my responses. Here Are My Views on Bitcoin (we note that the gurus are now weighing in, which i
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Gold And Silver Bulls, Don’t Give Up Yet
By Avi Gilburt - December 08, 2017
First published on Wednesday Dec 6 for members of ElliottWaveTrader.net:  The “sentiment” in the metals complex now ranges from indifferent to very bearish.  In fact, I am seeing many just posting how they are just fed up with the metals complex, and just
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Gold Stocks Break, Gold Price To Follow
By Jordan Roy-Byrne - December 08, 2017
We’ve been persistently bearish on precious metals since September and that has annoyed our readers. The weak price action, negative divergences and bearish fundamentals are too much to currently overcome for the time being. The gold stocks finally cracked this week and
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Gold Investors Should Pay Attention To Bitcoin
By AG Thorson - December 06, 2017
What an exciting time to be a market technician. It’s not very often we get to witness a full-blown speculative mania, and Bitcoin is just that. Prices are up 1,500% in 12-months, and everyday people are looking to buy. The lot points to a bubble and Gold investors
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Gold’s Record-Breaking Monthly Volume
By P. Radomski - December 05, 2017
November turned out to be an up-month in gold and the analogy to what happened in late 2012 is no longer crystal clear. Moreover, gold’s monthly upswing was accompanied by extreme, record-breaking volume. What can we infer from the latter? Will we see a breakout shortly
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Are We Ready For A Gold And Silver Rally?
By Avi Gilburt - December 05, 2017
Many of you who follow my analysis have learned quite well how I look at the market. And, those of you who have read me in the past know that I do not view fundamentals as being relevant to determining when we can see a major turn in the metals market.  In f
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