Popular Gold News

Popular News

Gold Traders More Bullish as ETP Hoard Sets Record

Friday, 26 October 2012
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Published in Gold Investing
Central banks from Europe to China to the U.S. have pledged to do more to boost economies. The yen reached a four-month low versus the dollar this week on speculation the Bank of Japan will further expand stimulus and the Federal Reserve said it plans to continue buying bonds. Gold rose 70 percent as the Fed bought $2.3 trillion of debt in two rounds of quantitative easing from December 2008… 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...

Will Gold Deliver An Encore Performance?

Sunday, 23 September 2012
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Published in From The CEO
If you embrace a conventional investment outlook, you’ll want to beware of the gold market.  The price seems so high right now.  Besides, everyone knows what goes up just has to go down. The problem with this argument arises when you attempt to define the word “up” in a commodity, especially in a precious metal.  Andreally, just how high is high?  If you’ve been attending gold concerts for the last… Read more...
Gold may gain for the second time in three sessions amid signs of improving demand in India, the world’s biggest consumer.Physical dealers in India cited a “notable pickup” in purchases during the past few sessions amid lower domestic prices, Barclays Plc said today in a report. Indians tend to buy more at this time of year because of jewelry demand for the wedding season and festivals. Holdings in exchange-traded products… Read more...
As we move closer to the end of 2013, and official fiscal-cliff argument toggles back and forth, it’s all too easy to sink into despair. Particularly if you’re a precious metals investor.  What in the world happened to gold predictions of $1,800 by the end of this year?  And what in blazes became of silver predictions surpassing the all-time high of $52 per ounce reached in 1979?  Are precious metals… Read more...

Summer Fed Antics

Tuesday, 31 July 2012
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Published in From The CEO
As I write this, the Federal Reserve has just wrapped up the second day of its Federal Open Market Committee (FMOC) meeting.  Only God and Ben Bernanke knew how the carnival would ultimately shake out.  Depending on which pundit you consulted this morning, you were likely to get a different take on things.  Read more...
Consumer confidence stagnated last week as scant improvement in the labor market left Americans more discouraged about the economy. The Bloomberg Consumer Comfort Index held at minus 37.5 in the week ended July 8. Some 86 percent of those surveyed said the economy was in bad shape, 21 percentage points higher than the average since 1985. Read more...

Gold Back Up After Three Days of Losses

Thursday, 11 October 2012
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Published in Gold Investing
Gold moved back up in price after having three straight days of losses. The yellow metal showed its strength against a dollar that was weakened against the euro. Gold has remained strong, even over the last three days of losses, and should continue to do so for the foreseeable future. Gold for December delivery moved up by $5.50 to come in at $1,770.60 an ounce at the Comex division of… 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...
Gold was sparked again today after renewed talks of both a European and a U.S. stimulus were renewed. The yellow metal jumped nearly 2 percent as investors found the news of stimulus talks very exciting. While the Feds will continue to wait in hopes that the slow to recover economy will improve without the stimulus, the fact of the matter is that they may have no choice but to inject… Read more...