Popular Gold News

Popular News

Are Greece and Spain The First Dominoes?

Tuesday, 04 September 2012
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Published in From The CEO
In the global business section of The New York Times a few days ago, there appeared a story about a thirty-eight-year-old executive from Spain who abruptly removed all his funds from  Spanish banks, packed his bags, and with his family in tow, expatriated to Cambridge, England.  Many in Spain who can are now doing the same thing.  Read more...
Any hopes for recovery for Europe’s faltering economies suffered a series of blows Wednesday following the latest round of bad news from the debt-ridden region. Read more...

Where Do We Go From Here?

Sunday, 16 September 2012
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Published in From The CEO
Last Thursday, Ben Bernanke sang, and the global economy danced to his tune.  After the Fed’s announced the guarantee of monetary easing for -- let’s face it -- as long as it now pleases, gold futures surged to a high of almost seven months. Then today, the yellow metal decided to rest down $14.70 for a close of $1758.50 per ounce.  Markets go up; markets go down.  Without a close… Read more...

Gold Regains Price Lead Over Platinum

Wednesday, 16 January 2013
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Published in Gold Investing
Only one day removed from topping gold in the price category, platinum was back down below the price of gold, as the yellow metal experienced yet another jump in price while platinum gave back some of its previous gains on rising supply concerns from major producer South Africa.Platinum had initially gone up in price for the sixth straight day yesterday after the world's number one producer of the metal, Anglo… Read more...

Was the Government Shutdown Good for Gold?

Thursday, 17 October 2013
Written by
Published in United States Economy
Gold is a highly valued investment haven in times of economic or political crisis.  Ever since the introduction of fiat currencies, which have value only because a government backs them, gold has been a safe place to invest when paper money destabilizes.  When American politicians abuse our economic system to jostle for power, gold can seem like an especially attractive investment.  Before you ramp up your gold investments, however, you… Read more...

China’s Gold Imports Fall

Wednesday, 05 June 2013
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Published in Gold Investing
China’s gold imports took quite a tumble from April to May of 2013, as data showed that imports of gold bullion fell by around 41%. The Census Bureau said Wednesday that April saw of gold imports through Hong Kong to China total 126 tonnes, with 46 tonnes then re-exported back through the island. Read more...

Gold and Oil: A Misunderstood Alliance

Sunday, 30 September 2012
Written by
Published in From The CEO
In some investor circles it’s been an article of faith that there’s some magic relationship between gold and oil.  Many have felt if one of these hot commodities starts a ride up in price, we should look to the other for an equivalent bump.  And the reverse has been held to be true also. If one of these commodities slides in price, we should look to the other for an… Read more...
A new U.S. employment report came out earlier today and the data shown was not as expected, as a slowdown in the labor market caused gold to experience a drop and finish the week with an overall 1.6 percent loss. The yellow metal actually moved up shortly after the jobs report came out, but that proved to be short lived as the metal fell quite a bit to head into… Read more...
One day after gold managed to climb up some it was back down to a six-week low, as a stronger dollar helped to curb investor interest in trading the yellow metal today. While the yellow metal still sits over the $1,700 price mark, it is concerning that it is beginning to drop again. This may also have a lot to do with the fact that it is an election year.… Read more...
Gold remained steady today despite the fact that Hurricane Sandy is still wreaking havoc on the east coast and has forced the New York market to stay closed for a second straight day. The dollar weakened and the market rose overall, but gold was down just barely as traders and investors also wait on a jobs report that is due later this week. Gold was able to take some support… Read more...
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