Monthly Archives: December 2018

Gold: Best & Worst Case Scenarios In 2019

Gold prices hit a 1-week recently and the outlook is steady they go. Since the price made a low of $1,046 back in 2015, it has never looked back. As of today, it is trading at $1,248. Having said this, the price is down by -4.05% year-to-date, but the daily chart shows that the trend […]

Gold dips as stocks rally; palladium scales new peak

Gold fell on Thursday as stockmarkets gained for a third straight day, but the metal traded in a tight range ahead of next week’s Federal Open Market Committee meeting when the Federal Reserve Bank is expected to have a modest increase in interest rates. Meanwhile, palladium touched a fresh record high, trading at record premium […]

Gold at 5-Week High as Trade War Dampens Dollar

As expected, U.S. President Donald Trump couldn’t conclude his dinner with Chinese President Xi Jinping without giving Wall Street something to cheer about. And the resultant delay in new tariffs on China bumped up not just equities on Monday, but also gold, which hit five-week highs at the dollar’s softening. Gold futures for February settled […]