North Korea Nuclear Tests Push Gold to One-Year High
Gold prices have been on the rise for several weeks now. Geopolitical tensions, inclement weather and potential military action have all impacted the financial markets. Investors, hoping for some way to offset the potential risk in such uncertain times, have been flocking to gold. Gold has traditionally been a popular investment when other, potentially higher-yielding […]
Gold Pushes Over $1,300 per Ounce Due to North Korea Tensions
After several weeks of increasing international tensions, recent events have pushed gold prices above the $1,300 per ounce mark. On Monday, August 28, 2017, gold closed at a nearly year-high price. Early trading on Tuesday the 29th has gold hovering in the high teens, around $1,319.00 per Troy ounce. For those who bought into gold […]
Geopolitical Concerns Push Gold Prices to 11-Week High
Investors are feeling nervous despite the fact that the dollar has had a strong performance recently. There have been multiple events that on their own could cause a minor spike in gold prices within only a few weeks. The result has been an upswing in the price of gold futures. As of early trading on […]
Stronger Dollar Balances Domestic and International Tensions, Gold Declines
The last few weeks have seen a dramatic surge in gold prices. As the tensions between the United States and North Korea grow, investors have flocked to gold. Combine that with unrest in Virginia over the weekend, and it seems like a powerful recipe for strong gold prices. However, a stronger dollar is also exerting […]
Weak Dollar Helps Gold Hold on to Recent Price Gains
Analysts who watch various markets have been talking quite a bit about how the United States dollar has been performing. The dollar has had an overall weak performance in recent weeks, resulting in an increase in the price of gold. Gold and the dollar tend to move in inverse patterns as far as value and […]
Political Concerns in United States Contribute to Gold Price Gains
Gold prices hit eight-week lows at the beginning of July. At the end of the month, it hit a seven-week high. As of early trading on Tuesday, August 1, gold was trading at $1,269 per Troy ounce. Only a few weeks ago, gold came close to dipping below the $1,200 per ounce mark. A number […]
Gold Bounces Back Pending Federal Reserve Meeting
Those who track gold prices have been watching a relatively volatile market for the last few weeks. Prices recently flirted with $1,300 an ounce, only to come tumbling back down to near the $1,200 an ounce price point. As of early trading on July 25, 2017, domestic gold prices were just below $1,253 per Troy […]
Gold Prices Rebound to Two-Week High Due to Weaker Dollar
After a rough few trading sessions, gold prices have stopped their recent consolidation, due in no small part to a weaker United States dollar. In early trading on Tuesday, July 18, 2017, the price of a Troy ounce of gold for future delivery was hovering just under $1,240. For those banking on long-term gold gains, […]
Trade Gold Online: A Must-Read Guide for Beginners
Are you intrigued by the allure of gold trading but unsure where to begin? Whether you’re a newcomer to the world of trading or looking to expand your investment portfolio, delving into gold trading online can offer lucrative opportunities. In this comprehensive guide, we’ll walk you through everything you need to know to get started […]
Our Favorite Pin Bar Trading Strategies
The pin bar pattern is a popular pattern to follow and is incorporated in most successful gold traders’ plans. The pin bar indicates a rejection and reversal of a gold price. When you look at the tail of the pin bar, it indicates where the price was rejected and will continue to move in the […]
