Gold News

Janet Yellen, the Federal Reserve chair, testified yesterday to the House Financial Services Committee. Is there anything new in her remarks? What do they mean for the gold market? Yellen on Labor Market Yellen reiterated her known views on the economy and the fu
The standard scenario for the next recession assumes that the crisis will hit in China and spill over the whole world. However, there are growing concerns about the stability of Deutsche Bank. Could Germany’s biggest bank become the next Lehman Brothers? What does the b
More and more people are worried about a recession in 2016. Several investment banks have raised the likelihood of a U.S. or global recession in recent weeks. Even George Soros has recently warned of an impending financial markets crisis. Is the next recession coming? W
The U.S. economy added 151,000 jobs in January. What does it imply for the Fed policy and the gold market? The Pace of Hiring Slowing Down Total nonfarm payroll employment rose by only 151,000 in January, according to the U.S. Bureau of Labor Statistics. Therefore
Gold has been having a great time as of late. In fact the value of the precious metal hit a three month high recently. However today, the value of the precious metal is falling off of highs as the result of data released with regard to US jobs. Unfortunately, the jobs r
A global debt time bomb is ticking. What does it mean for the global economy and the gold market? Global Debt Rising Eight years after the burst of a global credit bubble resulted in the worst financial crisis since the Great Depression, debt continues to grow. In
Gold started the new year with a bang. Does it imply a beginning of a bull market or it is only a temporary rise? The Rise in Risk-Aversion The London spot price of the shiny metal gained almost 5 percent in January. What were the reasons behind this rise? Well, t
The last Bank of Japan’s move is an excellent opportunity to discuss the impact of NIRP on the gold market. How will it affect the global economy and the price of gold? It’s NIRP Time The Zero Interest-Rate Policy is over. Now, it’s time for Negative Interest-Rate
Yesterday, gold hit a 3-month high on weak economic data. What does it mean for the US economy and the gold market? U.S. Manufacturing Is Contracting First, the Institute for Supply Management’s manufacturing index edged up from 48.0 to 48.2, but it remained below
The Bank of Japan adopted negative interest rates last Friday. What does it mean for the U.S. economy and the gold market? Rate Cut The Japanese insane monetary policy became even more insane. The Bank of Japan announced that it “will apply a negative interest rat