Gold News

The annual meeting of the leaders of the world’s top economies has just ended. What does it imply for the gold market? G-20 Disappoints The weekend meeting of G-20 finance ministers and central bank governors disappointed the markets. Shares retreated in Europe an
Yesterday, the Shanghai Composite Index tumbled 6.4 percent. What does it imply for the gold market? Bears Strike Back The Shanghai Composite Index plunged 6.4 percent (187.47 points) on Thursday, hitting a three-week low. The decline practically erased a 10 pe
Business activity in the Eurozone hit a 13-month low in February. What does it imply for the gold market? Is Eurozone Recovery Over? According to Markit, business activity in the Eurozone grew at the slowest rate since January 2015. The flash Markit Eurozone PMI f
There’s no doubt that 2016 has been an interesting one for gold. Though the stock market is sputtering and there continues to be a lot of pessimism about the quality of the economy as a whole, the price of gold has had some investors seeing a “bull market” for the preci
Over the weekend, David Cameron, British Prime Minister, announced a referendum to decide whether the UK should remain in the European Union. What does it mean for the gold market? EU-UK Deal David Cameron’s conservative party won the elections in 2015 promising t
Some economists call for the outright abolition of cash. What would it mean for the gold market? War on Cash Today, cash is under attack like never before. More and more countries are disallowing cash payments for lower and lower amounts. In Sweden, the progress t
Monday was yet another bad day for gold. In fact, it was the second trading session in a row that we've seen declines in the precious metal. So, what's causing the declines and are they likely to continue? Today, I'll do my best to answer this question. Why Gold Is F
According to the U.S. Department of Labor, the core Consumer Price Index (CPI) rose by 0.3 percent in January. Does it mean that inflation is rising, which would bring us closer to the next Fed hike? How can this data affect the gold market? CPI Flat, Core CPI Rises
Even after a dead cat bounce for stocks and oil last week gold was only off half of one per cent, a tiny correction following the best start to the year for the precious metal since the annus mirabilis of 1980 when it quadrupled in price. There is plenty of techn
Ahhhh gold, my favorite of all commodities, how you shine so bright... Hmmm, are you starting to glitter more too? Oh yes... the Federal Reserve has polished you very nicely! OK, that may be a little of the top, but the truth is, the Federal Reserve's actions have made