Recent Gold News

Recent News
Coin collecting is something that has always been a good thing to do, especially if the coins you collect are silver and gold. However, while one type of coin seems to continue to grow, another type of coin has taken a big hit. Silver coin sales continue to see their numbers go up while gold coin sales numbers have been down recently. Read more...
Gold dropped to a near three-year low heading into the weekend and is also poised for the worst quarterly slump on record. While gold has struggled mightily in 2013 (not at all what most thought), the fact of the matter is that this most recent slump can be attributed to the Fed announcement that they were curving the stimulus program. Read more...

Gold Premiums Jump in India

Thursday, 27 June 2013
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Published in Gold Investing
A ban on consignment imports has suppliers of gold in India struggling to meet demand. While this cause gold premiums to double in the world’s largest gold buyer nation, futures prices still fell to their lowest point in around a month, as a strong dollar cause gold to fall just about everywhere else. Read more...
It doesn’t look like things are getting any easier for gold or silver. Both precious metals dropped hard today on data that showed the U.S. economy didn’t quite grow as much as expected. That, as well as a stronger dollar, combined to drop both gold and silver. Read more...
The battle for biggest gold demand has been waging for some time now between China and India. Ever since China stepped up into the precious metals arena and started buying as much gold as they could get their hands on they have been pressing India. At one point China had passed India as far as demand for gold goes before India took the crown back. It seems now though that… Read more...

Are Gold Prices Headed to Pre-QE Days?

Monday, 24 June 2013
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Published in Gold Investing
This has been coming for a while and now that it is here it should be interesting to see what gold does. The Feds will take stimulus measures away sometime in the near future, and with it, gold prices have a good chance of dropping to below QE levels. The yellow metal will still be a strong purchase, but the overall price of gold will more than likely fall lower… Read more...
Gold dropped to its lowest point since September of 2010 after news that the Feds will indeed bring the current stimulus program to an end. This essentially ends the era of “easy money,” and now the economy will have to do its best to continue to rebound in a natural way. Read more...
Gold was up above a three-week low straight ahead of the Fed meeting that will more than likely give us more information on whether or not the Feds decide to keep the monetary policy in place or cut the current stimulus bond-buying program and allow for “natural recovery.” Read more...
Gold hit a one-week low in trading today as news that Feds are still heavily debating a stimulus pullback hit the wire. The U.S Central Bank is currently in meetings debating whether or not the $85 billion per month bond-buying stimulus program needs to continue on or not. Read more...
Gold started off this week by dropping as another monetary policy meeting is scheduled for later this week. This policy meeting will be closely monitored, as any type of clues regarding the continuation of the current bond-buying stimulus will be looked for. Read more...