The Gold market is starting the new trading week at a one-month low with prices dropping below $4,300 an ounce and the precious metal faces further downside risks as the Federal Reserve rate hike this week, but according to one fund manager, investors focused on the next 25-basis-point move are missing the much bigger picture... Neils Christensen
Spot Gold and Silver prices are seeing significant selling pressure Monday morning as rising bond yields and surging energy prices strengthen expectations that the Federal Reserve will raise interest rates this week, overwhelming safe-haven demand generated by escalating geopolitical uncertainty in the Middle East... Kitco NewsWire
Despite renewed threats of an imminent rate hike in September, gold’s price action during August shows just how much potential the precious metal has as a hedge against the unsustainable rise in global sovereign debt... Neils Christensen
Below, we look at lessons from Japan and its latest signals to prepare for a market sell-off, a debasement acceleration and a golden endgame... Matthew Piepenberg
The Gold market is once again testing initial resistance at $4,500 an ounce, and one international investment bank believes that now is the time to get back into the market as they continue to see a gradual recovery from gold's months-long correction... Neils Christensen
Central banks increased allocations to their Gold reserves in July, with the Chinese and Polish central banks once again leading all sovereign buyers, according to Marissa Salim, Senior Research Lead, APAC at the World Gold Council (WGC)... Ernest Hoffman
The Netherlands has become the latest country to pull Gold out of the United States in recent years, as the Dutch Central Bank announced on Wednesday that it was moving 86 tons of its reserves from New York and Canada to London, citing "increasing geopolitical unrest."
After taking profits and moving to the sidelines in May, analysts at Schroders announced in late August that they had upgraded their view on Gold, re-establishing a position in the precious metal.