Gold News

Today is the big day! It's the day that the Federal Reserve will announce its decision with regard to interest rates in the United States. All morning, I've been reading about what experts believe is likely to happen, and I have to say, they seem to be split down the mi
Yesterday, the Bank of Japan kept its monetary policy steady. What does it imply for the gold market? Kuroda Holds Fire The Bank of Japan (BoJ) kept its monetary policy unchanged in March. First of all, it left the deposit rate unchanged at minus 0.1 percent. It a
There will always be a core support of gold in the market. These investors, known as “Gold Bugs,” believe that gold is a permanent store of money and is, therefore, a safe haven from complicated and expansionist monetary policy. If your bank is offering low or even nega
Last Friday, March 11th, 2016, Mario Draghi, ECB Chairman, announced new cuts to all three of its current ECB’s policy interest rates.  This included a drop to minus 0.4 percent in the rate it pays on banks’ deposits. He added 20 billion euros a month to th
While waiting for the interest rate decisions of the world’s major central banks and important economic data on U.S. retail sales and inflation, let’s further investigate the ECB’s press conference held after its last monetary policy meeting. What can we conclude from D
The internet is filled with headlines that can drive us crazy and create worry, fear, and anxiety.  The sound of our own wheels, as we travel through the economic, political, and financial jungle, can, indeed, drive us a little wacky.  Will gold crash again?&n
Four of the world’s major central banks are announcing interest rate decisions this week. What does it imply for the gold market? Superweek in Central Banking It is a busy time for central banks. Last week, the Reserve Bank of New Zealand cut its lending rates for
Yesterday, the European Central Bank cut interest rates and extended its asset-purchase program. What does it mean for the gold market? Draghi Pulls Out the Bazooka As expected, the European Central Bank further eased its monetary policy. Draghi did not want to di
Forget Grexit or Brexit. Italexit is next. What are the economic problems of Italy…and how could they affect the gold market? Bad Loans, Bad Loans Everywhere Dropping out from the Eurozone or the European Union is now fashionable. Financial media reported on a Gre
Gold has seen quite a strong start to the year 2016. However, it's my opinion that we've just seen the beginning. In fact, I'm expecting to see incredible gains in the price of the precious metal tomorrow that are likely to last for some time. This will be the result of