Popular Gold News

Popular News
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...

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...

Wall Street Reopens and Gold Jumps Immediately

Wednesday, 31 October 2012
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Published in Gold Investing
On the heels of one of the worst hurricanes in some time, Wall Street was finally able to open back up. As expected, gold jumped immediately, welcoming back traders and investors as over 6 million people try to get their normal lives back on track after the super storm. Hurricane Sandy recently swept through the east coast, causing major damage and shutting down thousands of businesses, as well as leaving… 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...
In recent years, the investment community has increasingly looked to the principle of sector rotation as a way of understanding why some investments are better than others. In fact, the concept itself hedges the question; because it suggests that one kind of investment is better than another only during a specified period of time. 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...

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...

Gold Higher on Unrest in Iraq

Wednesday, 18 June 2014
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Published in Gold Investing
Gold came off its highs earlier in the week, to stabilize early Wednesday with prices up $0.80 to $1,271.22, and silver up $0.03 to $19.77. The surge in gold prices trimmed the Dow/Gold Ratio to 13.19, indicating gold gained ground against the Dow in a zigzag trading week. Silver managed a good surge, trimming the Silver/Gold ratio to 64.3, with silver benefiting from its dual role as both a precious… 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...
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...