Barry Stuppler

Some analysts worry that higher US interest rates are bearish for gold. Because gold has no yield, the higher rates climb, the greater the relative appeal of other assets. But the evidence doesn’t bear this out, says Russ Mould of investment platform AJ Bell in The Daily Telegraph . . . .

After the recent $80 rally, Gold is consolidating in a tight trading range between $1,320 and $1,350 per ounce . . . .

Silver Prices to Surge . . . .

Today, Gold had a $13 high/low range, from $1,331 to $1,344 per ounce . . . .

Chinese business news and analysis portal BWChinese has outlined how, in addition to the petro-yuan, China and its Russian partners can go about creating a real global alternative to the US dollar . . . .

Sterling and yen also make gains against dollar as US markets close for holiday . . . .

2018 has started with a bang for precious metal investors. Looking back through 2012, January has been an excellent month for the Gold price . . . .

After trading at over $1,340 per ounce in Asian and European markets during the holiday weekend, Gold sold off in U.S. markets . . . .

Large metals speculators sharply lifted their bullish net positions in the Silver futures markets this week, according to the latest Commitment of Traders (COT) data released by the Commodity Futures Trading Commission (CFTC) on Friday . . . .

Silver, unlike gold, possesses considerable utility; it’s used in industrial processes because of its conductive properties, which make it a key element in a wide range of electrical and electronic applications. This endows it with the attributes of being both a precious metal which benefits during times of crisis as well as an industrial metal that profits from stronger economic growth . . . .