Gold News

Any investors paying close attention to this week’s gold prices noted that, along with the Dow Jones Industrial Average, gold prices were down a bit on Monday. Even this morning, as the Dow has increased around as much as a percentage point, the price of gold saw a skit
The price of gold is falling today and falling hard. Unfortunately for gold investors, the USD is recovering from a recent poor jobs report, which is taking a toll on the precious metal at the moment. Is this it? Are we at the end of the gains in gold? Not anywhere
Gold has been the best performing asset since the start of this year. Year-to-date the price of gold has increased from USD 1074.61 to USD 1279.47. That is a return of over 17%. In this article, I will discuss the five key drivers of the price of gold, and highlight the
The U.S. economy added only 160,000 jobs in April. What does this imply for the Fed policy and the gold market? Total nonfarm payroll employment rose by just 160,000 in April, according to the U.S. Bureau of Labor Statistics. The pace of hiring in the U.S. slowe
For the last 5 years, most were caught on the wrong side of the gold market.  As gold was topping in 2011, most market participants and analysts alike were caught looking the wrong way.  Most were uber-bullish when the market was topping, and remained so a
The price of gold is starting to climb yet again - and for good reason. Recent economic data out of the United States proved to be incredibly concerning. Consequently, it is causing investors to push toward gold. Today, we'll talk about the US economic data that was rel
Gold started up around $10-15 per ounce this morning in its flirtation with $1,300 an ounce. Although gold is still short of that goal, today we’re going to look ahead. In my opinion, it is a foregone conclusion that gold will hit $1,300 within the next quarter or so. T
Gold has been a very interesting commodity to watch as of late. Throughout the first part of the year 2016, following the value of the precious metal has been quite a bit like riding a roller coaster. However, I came across an interesting article, today, that explained
On one hand, you have optimism. Gold bugs believe that gold’s ceiling is well beyond $1,300 - even in the short term, to say nothing about the long term. On the other hand, you have goldbears. They believe that gold outperforming the stock market this strongly in 201
U.S. consumer spending rose 0.1 percent in March. What does this mean for the gold market? Consumers Save Instead of Spending Personal consumption expenditures increased merely 0.1 percent in March. The number was slightly lower than in February and below expectat