News Articles

Our assumption – along with many others – was that gold would soar on a Trump victory. At first, gold exceeded $1,350 overnight, while the Dow index lost 800 points, but those markets reversed the next day and have gone in opposite directions ever since – with gold down to $1,222 and the Dow at record highs.

The main reason why gold went down is that . . . .

Gold is no longer vulnerable.  It has entered a nice buying area. The $1225 - $1200 price zone is both technically and fundamentally important.  Here’s why . . . .

James Rickards, economic and monetary expert, joined Francine Lacqua on “Bloomberg Surveillance” yesterday to discuss Trump and whether he will be good for markets, the economy and for gold . . . .

Gold futures dropped Friday to mark their lowest finish since June, as strength in the U.S. dollar and equities this week, and growing expectations for a Federal Reserve interest-rate increase next month, fueled the largest weekly decline in more than three years . . . .

London-based gold dealer Sharps Pixley Ltd. is running out of bars and coins as buying surges after Donald Trump won the U.S. presidency . . . .

To the relief of some but the worry of many others the US election is now just days away. Unlike past elections this one appears to grown more uncertain and fraught the closer it gets . . . .

Yesterday, the gold price broke above US $1,300/oz for the first time since early October, as the surprise announcement last Friday October 28th by the FBI relating to Clinton’s email probe, injected a new wave of uncertainty into the presidential election . . . .

The Mint’s American Eagle sales of both gold and silver bullion coins increase in October. . . .

Gold investing has traditionally been fraught with challenges for Islamic institutional and individual investors. Now the Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has joined forces with the World Gold Council to create a new Shari’ah Standard for gold . . . .

The rapidly evolving geopolitical “weapon” brandished by Russia is an ever increasing stockpile of gold, as well as Russia’s native currency, the ruble . . . .