News Articles
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Gold is again heading for $1,250 on slower US growth, fall in dollar
(Read More)The precious metal last week took support at lower levels and bounced back to trade above the important resistance level of $1,225 after the US Federal Reserve chair Janet Yellen spoke about growth projections of the US economy and further increase in interest rates . . . .
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Next Gold Bull Market Driven by Equity Correction
(Read More)Sprott Inc., the precious metals-focused money manager, sees gold rising by the end of 2017 as weaker-than-expected economic growth drives stock prices lower . . . .
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Gold Futures Jump After Yellens Remarks
(Read More)The gold market rendered a quick dovish read on Federal Reserve Chair Janet Yellen’s prepared testimony to Congress . . . .
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Gold Down After Upbeat U.S. Jobs Data; Silver Suffers Overnight Flash Crash
(Read More)Gold prices have moved moderately lower in the aftermath of a U.S. non-farm payrolls number that was a big miss to the upside. Gold initially pushed a bit higher right after the employment report, but those gains were short-lived. Gold prices had traded modestly lower overnight . . . .
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What 4-Month Low? BoA/ML Still Sees Gold At $1,400 In Second Half
While gold tries to recover after falling to nearly a four-month low overnight, one bank remains optimistic that yellow metal can still shine in the second half of the year . . . .(Read More) -
Gartman Says Gold Will Move Quietly Higher
(Read More)Despite recent pressure, famed investor and gold expert Dennis Gartman says he’s "reasonably impressed" with the metal’s performance, especially as sister commodity crude oil struggles . . . .
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SA gold mines are on the brink of death
(Read More)Beginning of the end: The entire mining sector could be headed for closure as mining costs rise and production decreases . . . .
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Tax Policy Change in India Could Boost Gold Demand
(Read More)India is the world’s largest consumer of gold . . . .
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Why Is Russia Buying So Much Gold?
(Read More)Many U.S. politicians believe the dollar is better than gold . . . .
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Top money manager says gold may hit $1,500 for the first time since 2013
(Read More)Gold prices have climbed by around 8% year to date—close to what they gained for all of last year . . . .