For gold, it's time to shine. At least, that's what market technicians are saying, and investors are loving it. Higher gold prices have been long overdue, and with tensions rising as we head towards having a new president, prices are going to be all over the place for some time. Gold prices have gai…Read More
There was an increase in gold prices on Friday. There were doubts that the highly anticipated meeting between the United States and China would ease trade tensions, driving bullion to its best month in three-years. Gold has risen nearly 8.3% so far this month, on track for its biggest monthly percen…Read More
Concerns about China's economy and tensions in the Middle East push investors into safe-haven assets on Friday. Gold prices are continuing to climb. The most-actively traded U.S. contract increased 0.1% to $1,344.50 a troy ounce. The rise accelerated after the National Bureau of Statistics released …Read More
If you're searching for a central bank full of gold, begin in Germany and the U.S. According to a data analysis from the International Monetary Fund (IMF), The U.S. owns the most gold of any country. The U.S.'s supply of gold equals 8,133 tonnes, worth more than $373 billion. Germany is in second, w…Read More
Due to firmer demand in the domestic market, gold prices in India flipped into premiums this week. Buyers in top consumer China took advantage of lower bullion prices and increased purchases. Dealers charge a premium of about $1 an ounce over official domestic prices in India. That contrasts with la…Read More
Despite its' current status, gold prices will continue to rise this year, according to a financial executive. Neil Pereira, a principal investment officer of the International Financial Corporation (IFC), states that we've seen gold prices fall in the past year. He believes the significant increase …Read More
Following a U.S. economic report, gold prices are trading modestly higher than expected Friday morning. This suggests recent selling pressure has at least temporarily exhausted the bears, and the yellow metal is due for at least a pause from the decrease. June gold futures were last at $1,274.30, an…Read More
This past Wednesday, gold eased up holding close to this year's lows touched in the last session while data on economic growth from China alleviated concerns on global growth, driving investors into more risky assets. Spot gold dropped 0.1% to $1,274.43/oz as of 12:40 p.m. It dropped after falling a…Read More
Despite what spot shows now, the market for gold is transitioning from bear to bull. According to Bloomberg Intelligence (BI), it's likely that the metal is heading towards the higher $1,400. Gold won't stay around the $1,300 mark much longer while the market waits on peak U.S. dollar as well as mor…Read More
For those who can't afford a single ounce of gold, but still wants to invest in precious metals, there's a common question of which is better, several ounces of silver or a half ounce of gold? Currently, gold is trading for over $1,300 an ounce. This price tag is much higher than silver coming in at…Read More