North Korea Tensions Lead to Gold Surge
In the last week, tensions between the United States and North Korea have increased dramatically. The Communist nation is increasingly upset about public statements, often made on Twitter, from the President of the United States. They have issued public warnings that they are not afraid to go to war if necessary. Early trading on Monday, […]
President Trump Announces That the Dollar Is Getting Too Strong
Americans have been watching what President Donald Trump does very closely. Recently, he has shot missiles into Syria and bombed Afghanistan. He has also made sweeping changes for different things in the country, which has impacted the economy. President Trump Issues a Warning The United States dollar is one hallmark that affects the price of […]
Gold Prices Surge Due to Weaker Markets for Investors
Gold prices for June delivery surged to $1,277 per Troy ounce in early trading on Wednesday, April 12, 2017. The day before, bullion prices reached a five-month high. For regular gold traders, this boost in price could mean a chance for profit, thanks to short-term online trading. To those who are unfamiliar with gold markets, […]
Myanmar to See New Gold Exchange, Shanghai Futures Market Opens
As the price of gold continues to fluctuate considerably, people who want to invest need to take time to explore available options. Two new prospects might help some people to make a decision about how they are going to invest in gold. Myanmar will gain a new gold exchange thanks to the assistance of Hong […]
Gold Prices Could React to U.S./China Meeting This Week
China is one of the world’s biggest producers of consumer goods. The United States is one of the largest consumers. A meeting between the leaders of both nations this week could have an impact on stocks, currencies and the gold market. Some are worried about aggressive rhetoric out of the White House, as it could […]
Global Cues and World Events Impact Gold Demand and Pricing
There are a host of factors that impact gold demand and pricing. Many have to do with the economy and various related points. While economies around the world are pretty steady right now, there are some important points to watch that might clue investors into changes that may occur. Watch the Demand for Spot Gold […]
Gold Prices Stronger Following Economic Destabilization
On Tuesday, April 4, 2017, gold prices were trading at $1,258 per ounce toward the end of daily trading. While many experts had expected gold prices to soften once it reached the price of $1,250 per ounce, this prediction has not come to fruition. Instead resulting in large part from an act of terrorism in […]
Gold Prices Slip into the Red in Recent Trading Sessions
The United States economy is showing signs of continued strengthening under President Trump’s leadership. This is good news for the people who are searching for jobs or trying to sell real estate. The good news isn’t extending to the gold trading market. Investors are starting to see a rather troubling trend. Gold Is Finally Reacting […]
Nairobi Gold Trading Bell Rings for the First Time
Gold traders are almost always working to find ways to diversify their portfolio. The opening of a new platform for gold ETFs is generally welcome news for those who are trying to do this. There is good news out of Africa for investors who want to explore new opportunities. Big News on Opening Day Gold […]
Stronger Dollar Pushes Gold Lower for Second Day
After weeks of strong performance endcapped with a slump, gold has remained strong, holding a price near $1,250 per ounce for future delivery. While trading early on Wednesday, March 29, 2017, was within that range, with prices hovering around $1,248 per ounce, it was still down from prices earlier in the week. The dollar itself […]
