Author Archives: qccoin

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 […]

Gold Prices Set for Weekly Rise Despite Attempts to Calm Trade-War Fears

Gold prices were set to notch a weekly gain on Friday amid renewed safe-haven demand despite the Trump administrations attempt to calm trade-war fears after U.S. President Donald Trump threatened to impose additional tariffs on Chinese imports. Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose by $6.60, […]

Gold’s Inconsistent Gains Will Cause Silver To Outperform Other Metals.

We are encouraged by the progress gold had made so far this year. And while we have been disappointed with silver prices, it is only a matter of time before silver outperforms gold. Silvers fundamental outlook continues to support price, the market lacks an emotional spark that will ignite a rally. “Silver is always late […]

Gold at Five-Week High Amid Geopolitical Tensions

Geopolitical tensions have caused a rise in gold prices. Gold eased back from its earlier losses on Monday, as a lower dollar and geopolitical tensions bolstered the precious metal. Comex gold futures for April delivery gained 0.28% to a five-week high of $1,353.70 a troy ounce as of 10:30 AM ET (14:30 GMT). The U.S. […]