Barry Stuppler

In India, the affinity for gold is deeply rooted in centuries-old tradition and its popularity as an investment. Gold is considered as auspicious, a harbinger of prosperity and a perfect adornment for any celebratory occasion . . . .

Like the proverbial frog that does not notice the rise in water temperature until it’s too late, investors seem to be experiencing a similarly stealthy rise in inflation . . . .

China produced 453.5 tons of gold in 2016, a 0.76 percent rise from 2015 which sees the country confirmed as the largest gold producer in the world for the tenth consecutive year . . . .

The question of the hour is whether the 2016 gains were merely a countertrend rally following a four-and-a-half-year decline from all-time highs in 2011, or the beginning of a new leg in the secular bull market that began in 1999 . . . .

Historically, there is an inverse relationship between a U.S. president’s approval rating and gold prices, pointed out HSBC . . . .

Last Friday, Gold closed at $1,205 per ounce, up $54 (5%) since the beginning of the month. What is important about last week is that on all four trading days Gold closed above the key $1,200 per ounce support level  . . . .