News Articles

Gold will likely soar to a record within five years as asset bubbles burst in everything from bonds to credit and equities, forcing investors to find a haven, according to Old Mutual Global Investors’ Diego Parrilla . . . .

Gold would do well under a Trump presidency because the metal likes confusion, said market commentator Dennis Gartman . . . .

Gold prices found support yesterday near levels we highlighted on Friday . . . .

With U.S. stocks still flirting with their all-time highs and volatility scraping along close to a multi-year low, investors are less inclined to worry about hedging risks and downside protection . . . .

We have recently speculated as to how the gold price might perform now U.S. execs are back at their desks after holidaying in the summer sunshine . . . .

"Delivery of gold" has been refused by a popular German gold exchange traded commodity (ETC), Xetra-Gold, which is offered by Deutsche Bank, in the latest example of the risk of owning gold exchange traded commodities (ETCs), exchange traded funds (ETFs) and indeed most institutional gold investment offerings . . . .

The 20,000-coin limit to authorized purchasers was reached Aug. 26. The U.S. Mint authorized a maximum production in 2016 of 20,000 American Eagle 1-ounce .9995 platinum bullion coins . . . .

This is the first time the government has taken such an initiative. It is to include the stated policy, setting up of gem and jewelry parks and regulations for testing and certifying agencies, to primarily address issues of the diamond industry . . . .

By far the greater bulk of gold owned in China is under the control of the Shanghai Gold Exchange, which is controlled by the Chinese Central Bank, i.e. The People’s Bank of China. Should they wish to confiscate their citizen’s and institution’s gold, it can be done overnight . . . .

Gold dropped for a seventh day this morning, heading for the longest run of declines since May, trading at $1,319 an ounce . . . .