Gold Trending Upward to Start the New Year Bullish
After poor performance for the last two months, gold has begun to rebound in the first day of domestic trading in 2017. As of noon on Tuesday, Jan. 3, 2017, gold futures for February delivery were trading at $1,160.30 a troy ounce. That’s an increase of $8.60 when compared with last week’s prices, or an […]
Trump’s Golden Choice: Mick Mulvaney
The future of gold and its derivative investment tools depends greatly on policies from the newly elected U.S. president. Despite the initial downturn for gold prices following the election, gold has managed to rise for the past four days. With the cabinet and other official appointments being made, the outlook for investors is becoming clearer […]
The Dollar Decline This Week Is Pushing Up Gold Prices
Today, gold markets around the world are seeing an uptick in the price of gold and gold futures. After several weeks of decline, leaving gold prices at a ten-month low, prices have begun to rebound. Most experts believe this drop is related to a decline in the index of the United States dollar, which dropped […]
Gold Trumps Trump
Until two days ago, the outlook for gold wasn’t looking good. In the wake of the United States presidential election and the world awaiting President-elect Trump’s inauguration, the market has moved heavily to higher-risk investments. As most investors know, gold is considered a low risk investment, but it has been hit hard since November. However, […]
Gold Prices Rebound on Inflation Concerns
The last few weeks have seen gold prices drop to a many-month low. Last week, gold was trading in the low $1,100 range, with it closing out the week at $1133.50 on Friday, December 23rd, 2016. With a three day weekend after a bearish week, many are looking at trading this Tuesday and Wednesday as […]
Gold Prices Shaky, Interesting News from Dubai
According to the Wall Street Journal, even though gold is up slightly in early trading on Tuesday morning, Dec. 27, 2016, in China, the price of gold has been shaky to say the least. Anything unexpected in the world has the potential to significantly impact gold pricing over the coming weeks. Investors in gold should […]
Sharia Law Gold Standard Could Shake Gold Markets
Right now, with gold prices trending downward, some investors who trade online or trade futures are edging away from gold. Thanks to the strength of the United States Dollar (USD), gold prices have been dropping in recent trading. The United States Federal Reserve increasing the prime rate only served to push the price of gold […]
Gold Is Still Gold… Even When It Has Been Down
Making money from smart investing is the goal for every financial investor around the world. Buying low and selling high is the ideal situation, but getting there is not always that black and white. Gold prices have been in a general decline, but have experienced some bright spots in the recent months. Despite the overall […]
Gold Trends Unchanged Amidst Terror Attacks
In the wake of terror attacks in Germany and Turkey this week, gold trends and its derivatives have remained relatively unchanged and are still in decline. Usually the market reacts to uncertain times by abandoning stocks and investing heavily in precious metal commodities, like gold. However, investors are finding that the past cannot always predict […]
Gold Prices Drop on Strong Dollar
As the value of the United States dollar has improved in recent days, gold prices have continued to tumble. With the announcement of the increase of the prime rate by the Federal Reserve, the US dollar has been performing more strongly in the world of currency and investments. Traditionally, gold value and the strength of […]
