gold prices

On Tuesday just after midnight U.S. Eastern time, the Trump administration is set to bring back a first wave of restrictions that had been waived under the Iran nuclear deal, an Obama-era agreement that gave Iran sanctions relief in exchange for curbs on its nuclear program . . . .

Last week Donald Trump broke the theoretical “Chinese Wall” that is supposed to exist between the Government and the Fed when he offered a stunning rebuke of the Fed’s current policy to continue raising interest rates . . . .

Gold prices fell to a two-and-a-half year low on Tuesday, as a stronger dollar weighed on the precious metal and Federal Reserve Chair Jerome Powell backed gradual rate increases . . . .

The correlation between Gold and the USD/CNY exchange rate has become clear recently . . . .

Bank of America Merrill Lynch has reiterated their forecast for gold prices to average the fourth quarter around $1,400 an ounce. At the same time, the bank sees silver prices averaging $17.50 in the final three months of 2018 . . . .

Gold to Outperform Against Other Currencies . . . .

On May 4 and 5, 2018, Warren E. Buffett (born 1930) and Charles T. Munger (born 1924), both already legends during their lifetime, held the annual shareholders’ meeting of Berkshire Hathaway Inc. . . . .

A commodity bull market is forming and gold has a big part to play, according to one Bank of America Merrill Lynch (BAML) strategist . . . .

The price of gold is expected to grow sustainably from the third quarter this year, a Chinese annual revealed recently . . . .

London-based precious metals consultancy, Metals Focus, released its 100 pages plus annual analysis of World Gold Supply and Demand today, and, as usual the publication contained a huge wealth of information on the subject – more than sufficient for the serious gold analyst to spend several days digesting . . . .