Category Uncategorized

Investors turn to gold in volatile stock markets

The price of gold has gained more than 8% since the beginning of October. The S&P 500 has plunged 14% during the same time frame. And investors who’ve bought gold mining stocks have done even better than those who just own the precious metal. Gold mining stocks are nearly all up 10-13% and the world […]

Away From Riskier Equities

Gold prices rose for a fifth-straight day as declines in the equities markets raise more worry over slowing economic growth and U.S. political tensions increased investor appetite for risk-averse assets. Gold futures for February delivery rose 0.4% to $1,286.60 a troy ounce as of 8:52 AM ET (13:52 GMT). The precious metal was pushed higher […]

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 […]

New data shows, Gold worth $37 billion traded in London each day.

London is a global gold trading hub but most transactions are made in over-the-counter trades between banks, brokers and dealers who have been reluctant to reveal their activity. With regulators pushing for greater transparency, LBMA members have begun reporting trades that settle in London and Zurich, another trading center closely connected to London. “For the […]

Gold / Silver / Palladium Outlook: November 19 – 23

This week metals traders will be watching developments around global trade tensions and geopolitical risks, as well as moves in the U.S. dollar, after gold prices moved up more than 1% last week. Safe haven demand for the yellow metal was underpinned following the mounting uncertainty over the outlook for the global economy. December gold […]