Gold Price Soars to Record Highs: Unpacking This Week’s Market Surge Amid Tariff Turmoil
A Golden Week in Uncertain Times This week, the gold market has captured headlines and investor attention alike, with the gold price soars past $3,100 per ounce to set new all-time highs. As of April 3, 2025, the precious metal reached a peak of $3,167.57 an ounce on this week, driven by a whirlwind of […]
The Role of Gold in a Diversified Investment Portfolio
Explore the benefits of adding gold to your investment portfolio for reduced risk and stability. Learn effective diversification strategies with gold here.
The Pros and Cons of Trading Gold in the Forex Market
Trading gold in the forex market offers a unique opportunity for investors to capitalize on the volatility and intrinsic value of this precious metal. With its longstanding reputation as a safe-haven asset and a hedge against economic uncertainty, gold attracts traders seeking diversification and potential profit. However, like any investment vehicle, gold trading in the […]
Gold Trading Surge in a COVID-19 World
With an economy that is very vulnerable due to the COVID-19 pandemic, traders and investors have been flocking to open gold trading accounts. It is evident that 2020 is becoming a year that gold traders will not soon forget. In the month of August, the gold price reached an epic milestone as it hit an […]
Gold Price Rises on Weaker Dollar
Gold prices have had a strong start to 2019. However now they to have erased most of those gains. Gold us up less than one percent for 2019 compared to the S and P 500’s 12 percent gain for 2019. With the recent sell off in gold, now could be a buying opportunity for gold […]
Gold Traders Bullish On Latest Fed Rate Policy
After a two-day meeting of the Open Market Committee of the Federal Reserve wrapped up recently, Fed Chairman Jerome Powell made it clear the Federal Reserve would not be raising interest rates any time soon. He said instead the agency would monitor the economy’s direction before making any changes. The news and the policymakers change […]
Gold Outlook is Promising for 2019
There is renewed optimism that 2019 could be a great year for gold. After a multi year gold bear market from the its peak in 2011 when gold prices hit an all time high just shy of $2000 an ounce, followed by a long consolidation period, several factors are pointing to the possibility of higher […]
Gold Prices Start to Slide on News of Dollar Recovery, U.N. Sanctions
Early trading on Tuesday, September 12, 2017, showed gold losing some of its more recent gains. As of mid-day, gold prices had backed down to $1,327 per ounce. Shedding some of its recent gains hasn’t pushed gold too far down, however. Compared to lows only a few weeks ago, the overall price for gold futures […]
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 […]
