Gold News

Demand for gold continues to rise in a big way, especially from billionaires. In fact, billionaire George Soros made the decision to cut his investments in US stocks by 37% in the first quarter, then turned around and purchased shares in the world's biggest gold bullion
Although the Federal Reserve seemed to have backed off of its lofty goals for rate hikes this year, new rumors are swirling that the bank may be poised to raise interest rates again in the summer. Although some are less than optimistic that this will occur (Peter Schiff
While gold is up $230 from December for a gain of 22% and silver has added $3.45 for a 25% gain over the same time frame, the real news in the investment world has been the action in the gold and silver miners. Indeed, from the winter lows, the HUI Index of gold and sil
Retail sales jumped 1.3 percent in April. What does this imply for the gold market? Retail Sales Show Strength in April Retail sales increased 1.3 percent last month, according to the U.S. Department of Commerce. It was the biggest gain this year, beating expectat
With gold demand up this year, there’s no doubting that many investors are coming around to the idea of gold as a safe haven. But are investors moving in on gold simply because what they believe about gold, or what’s real? And how do you separate the myth from the reali
Any investors paying close attention to this week’s gold prices noted that, along with the Dow Jones Industrial Average, gold prices were down a bit on Monday. Even this morning, as the Dow has increased around as much as a percentage point, the price of gold saw a skit
The price of gold is falling today and falling hard. Unfortunately for gold investors, the USD is recovering from a recent poor jobs report, which is taking a toll on the precious metal at the moment. Is this it? Are we at the end of the gains in gold? Not anywhere
Gold has been the best performing asset since the start of this year. Year-to-date the price of gold has increased from USD 1074.61 to USD 1279.47. That is a return of over 17%. In this article, I will discuss the five key drivers of the price of gold, and highlight the
The U.S. economy added only 160,000 jobs in April. What does this imply for the Fed policy and the gold market? Total nonfarm payroll employment rose by just 160,000 in April, according to the U.S. Bureau of Labor Statistics. The pace of hiring in the U.S. slowe
For the last 5 years, most were caught on the wrong side of the gold market.  As gold was topping in 2011, most market participants and analysts alike were caught looking the wrong way.  Most were uber-bullish when the market was topping, and remained so a