Gold News

Gold prices have been following a roller coaster for quite some time. In the beginning of the year, the value of the precious metal was climbing as the global stock market was struggling in a big way. However, as stocks started to recover in February, the value of gold
Yesterday, terrorists launched coordinated attacks across Brussels in which at least 30 people were killed and hundreds more injured. Will the attacks on the Belgian capital affect the gold market? What happened? On Tuesday, there were two suicide bomb attacks in
When the US Federal Reserve talks, the whole world listens. Specifically, when the Federal Reserve announces whether they’re increasing, decreasing, or keeping interest rates steady, just about everyone in the business world will stop what they’re doing to find out wher
Last week, CNN reported that foreign governments had been dumping US debt at record rates. What does it mean for the gold market? Foreign Governments Dump US Debt According to CNN, “in a bid to raise cash, foreign central banks and government institutions sold $57
Gold has been an incredibly interesting commodity to watch throughout the beginning of the year. As the global stock market started to crash, gold started to gain support with safe haven investors, leading to incredible increases in demand. Soon enough, the increases in
Last week was rich in economic data. What do recent pieces of data on the US economy suggest for the gold market? Retail Sales Fall in February Due to the hype surrounding the FOMC meeting, we did not cover the latest economic news. Let’s try to make up for lost t
Has Janet Yellen turned into a Gold Bug? The Fed policy statement this week was certainly good for gold with prices jumping from $1,225 to $1,263 an ounce on the news that the central bank does not intend to have as many interest rate hikes as previously stated. 
The recent Fed’s statement on monetary policy was accompanied by the FOMC’s Summary of Economic Projections and Yellen’s press conference. What can we learn from the latter? Why Didn’t Fed Hike? Yellen’s press conference was full of interesting questions
WARNING: If you want to reinforce only that which you already believe, then most of the other article writers out there will suit you better.  If you want to hear the truth, then let’s get started.   Over the years, we have heard many assumptio
Yesterday, the Federal Reserve released their most recent monetary policy statement. How can it affect the gold market? Rates Unchanged, but Fed’s Statement More Hawkish In line with expectations, the Fed kept the interest rates unchanged at between 0.25 and 0.50