News Articles

Hang Seng Bank says it has expanded its gold and forex trading departments to meet increased demand from clients over the past two years . . . .

The U.S. Mint is contemplating production in 2017 of fractional versions of the Proof American Buffalo .9999 fine gold coins . . . .

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 . . . .

Will the Trump Presidency be positive for gold, or not?  On balance, it could well be as Trump is a known believer in the place of gold in the global monetary system . . . .

The price of gold has risen by over 3% in 2017. This already equates to three quarters of its total return from 2016, which shows just how strong its performance has been in the first handful of trading sessions in 2017 . . . .

SHARPS PIXLEY FORECASTS 2017 . . . .