News Articles

A couple of weeks ago, my Foolish colleague Alan Oscroft asked whether recent large falls in the price of Bitcoin should be taken as a sign for investors to start buying the cryptocurrency. His conclusion? Definitely not. Not only do I agree with him but I think investors should really consider getting some exposure to a different asset . . . .

We have been noting silver’s relatively positive Commitments of Traders (CoT) alignment vs. that of gold. Before Friday’s pervasive market disturbance that likely improved both CoTs, the reading in silver was already constructive . . . .

In my article from 4 months ago about gold versus bond yields, I concluded that gold would reach $1330-1350 from the $1280 level at the time of writing the analysis. So where do we go from here? . . . .

While gold is very close to a major breakout (in price) its strength has not filtered down to silver yet, writes Jordan Roy-Byrne. . . .

Investors should not take it for granted that inflation will rise from here, but whatever the direction of markets, gold is a prudent investment right now, according to Bill McQuaker, multi asset investment manager at Fidelity . . . .

Consumption of the precious metal climbed 9.4 per cent to 1,089 tonnes, according to data from the China Gold Association, released on Thursday. That represents a big turnaround . . . .

Gold futures settled modestly higher Wednesday, helped by a slightly weaker dollar index even as stocks reclaimed a portion of the sharp declines that marked the start to the week . . . .

Expectations around which way the precious metals will be heading in 2018 have changed for the better, according to an informal survey conducted by nonprofit Professional Numismatists Guild (PNG) . . . .

Yesterday, the President’s comments left all the currency traders and the Gold traders scratching their heads. The price of Gold was enjoying a healthy sustained rally after the Treasury Secretary Steve Mnuchin indicated that a weak dollar was in the best interests of our economy . . . .

If gold trading this morning in Europe is anything to go by, gold is headed for US$1,350 an ounce . . . .