Author Archives: qccoin

Gold May Hit $1,300 By End Of Year

Gold’s plunge to the lowest level in more than a year may have a silver lining. Numerous European banks are signaling this downward drift is close to ending, and gold prices will probably climb back to $1,300. Gold bullion may average $1,260 an ounce in the third quarter and rise further in the following three […]

Metals Stocks & Gold at risk of one year skid as jobs report looms.

Investors, have shunned the precious metal that should be drawing buyers amid clashes between the U.S. and trade partners across the major-developed world. Gold futures were little changed on Friday in New York but are at risk of sinking deeper into more-than-one-year-low territory as investors await the official read on of the health of the […]

Gold slips, but silver gains, to start week.

Gold prices eased a bit Monday, languishing at their lowest levels in almost a year, though industrial metals traded mixed as immediate worries over a deeper global trade war cooled. Market attention is fixed on the meeting between U.S. President Donald Trump and Russian President Vladimir Putin in Finland on Monday. The two leaders are […]

Texas just opened the nation’s first state-run gold depository. Here’s what that means.

Texans can now store their precious metals in a publicly backed secure vault close to home, as the United States’ first state-run gold depository opens for business in Austin. A 23,000-square-foot building — operated by the private storage company Lone Star Tangible Assets — will serve as Texas’ precious metals depository until 2019, when Lone Star […]

Gold Prices Edge Higher on Dollar Weakness

Bullion Gold prices rose Tuesday on a weaker dollar despite upbeat U.S. economic data suggesting inflationary pressures were building, raising the prospect of further rate hikes. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose by $5.50 or 0.42%, to $1,302.90 a troy ounce. ISM non-manufacturing data for […]

Gold Prices Climb As Dollar Drops After U.S.-China Trade Talks

Gold prices gained on ground early Monday as the dollar slid against the other major currencies in Asia, but remained at its 4-month highs of above the 92 level. The U.S. and China issued a long list of demands in Beijing on Friday, as the two nations attempted to resolve the trade dispute between them. […]

Gold Prices Set for Monthly Drop as Dollar Extends Gains

Gold prices moved off lows but remained on track to post a drop this month as an ongoing rally in the dollar kept demand for the precious metal lower than expectations . Gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell by $6.10 or 0.47%, to $1,317.60 a […]