News Articles

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 . . . .

Stocks have now opened the year up 6%.  Global interest rates are on the move, with the U.S. 2-year Treasury trading above 2% for the first time since 2008.  Oil is trading in the mid $60s.  And base metals are trading toward the highest levels of the young, two-year bull market in commodities . . . .

A major breakout in Gold this year and its effect on Silver is just one reason why Silver could have a big year . . . .

Some analysts worry that higher US interest rates are bearish for gold. Because gold has no yield, the higher rates climb, the greater the relative appeal of other assets. But the evidence doesn’t bear this out, says Russ Mould of investment platform AJ Bell in The Daily Telegraph . . . .

Silver Prices to Surge . . . .