Featured Gold News

Featured News

Gold Tests $1,300 Support Level

Wednesday, 07 May 2014
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Published in Gold Investing
Heavy outflows from gold ETFs, and a sag in demand for physical bullion, pushed gold prices back below $1,300 in mid-week trading. Gold is currently down $11.44 to $1,296.30, and silver followed gold lower by $0.18 to $19.38.  Gold pushed below the $1,300 support level despite a weaker U.S dollar, which usually tends to lift gold prices. The price move boosted the Dow/Gold Ratio to 12.71, up from 12.6, which… Read more...

Gold Prices Stabilize But Trends Still Intact

Monday, 02 December 2013
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Published in Gold Investing
Gold prices bounced off their lows of the month to stabilize around the $1,248 an ounce mark, but there’s nothing to indicate commodities, including gold and silver, have found a floor. It’s probably little comfort to investors that the weakness in prices are reflected across a broad range of commodities including crude oil, gasoline, industrial metals, and food products. Read more...
Bearish Federal Reserve news has sent gold down some today only one day after the yellow metal made its first overall session gain in 8 sessions. The yellow metal has finished up only once in the last ten sessions now. Read more...

Longest Gold Rally in Six Months Ends on U.S. Data

Wednesday, 13 March 2013
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Published in Gold Investing
The longest gold rally in over six months ended today as stronger than expected data released in the U.S eased the pressure on the Fed stimulus program. While most are certain the Feds will keep the $85 billion per month program going, the better than expected data didn’t help gold price any. Read more...

Is Gold About To Take Off?

Wednesday, 22 August 2012
Written by
Published in From The CEO
As I write today, Gold has settled in to its new high since May 7 -- $1,643 –and the US dollar has dropped to a seven week low.  Significant buy stops were triggered, and a number of investors on the short side were forced out of the market. While this is certainly good news for gold, analysts will be tightly focused on the 200-day moving average at $1,643.67 perched just… Read more...

When Gold and the Euro Part Company

Sunday, 22 July 2012
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Published in From The CEO
The official debut of the euro took place on January 1, 1999.  But the new currency became actual legal tender in 2002.  Gold, at this time, would continue its safe-haven status as an alternative to the US dollar.  For the most part though, the values of gold and its new sidekick began fluctuating together.  Read more...
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