Gold Prices Hinge on Dollar’s Strength, Uncertainty in the United States
Gold prices have been up and down recently, partially because of the occurrences around the world. The recent terror attack in London and the way uncertainty in the U.S. is affecting the strength of the United States dollar are huge factors impacting gold prices now. Events in the U.S. and around the world have some […]
Gold Continues to Perform Well Due to Economic Uncertainty
It is relatively common for gold futures to start and end the week on high notes. This week is no exception! As of end-of-day trading on Friday, March 24, 2017, an ounce of gold for April delivery was priced at $1,250. Thursday saw a slight softening of the price per ounce, following five straight days […]
Weak Equity Markets Push Gold Back Up
A week ago, gold markets were in a bit of a slump. Although the dollar didn’t rally as strongly as some might expect on the heels of a prime rate increase, the Federal Reserve’s announcement did hit gold hard. Prices dropped down to the lowest levels in weeks but have since recovered quite quickly. As […]
Gold Prices Stumble, London Benchmark Debut Delayed
Gold traders and investors have to remain aware of things around the world that might have an impact on prices. This helps with the goal of buying low and selling high. There are two issues on the global radar right now that people interested in gold must watch – the United States economy and the […]
Investors Warn Diversification Is Key During Global Turbulence
The current state of the world has people on the edge of their seats. You just don’t know what is going to happen next. Typically, gold is seen as a stable investment during these times, but some investors are warning that diversification is key right now. This doesn’t mean stepping away from gold, but it […]
Gold Recovers Losses with Federal Reserve Announcement
After a strong start to 2017, with prices firmly above $1,200, gold futures per ounce finally began dipping back under that $1,200 threshold recently. Wednesday, March 15, 2017, was an excellent day to be trading gold futures online. Gold experienced a sudden surge in price following a Federal Reserve announcement about the potential for future […]
Dubai Gold Slips – Permanent Decline or Arbitrage Opportunity?
Gold prices and futures stayed steady yesterday, Monday, March 13, 2017, in anticipation of the two-day Federal Reserve meeting. The highly anticipated meeting begins today and will conclude tomorrow. The world expects a statement to be given after the meeting ends. The general consensus among investors and analysts is that the official statement will include […]
Gold Demand Is High and the United States Is Impacting Pricing
Gold investors are keeping a close eye on social, political and economic events around the world. One thing that these investors might not be aware of is how much the demand for gold is increasing or how new data from the United States is impacting gold prices. Keeping an eye on these events can help […]
Gold Losses Persist into Seventh Straight Day of Trading
Since the beginning of the year, gold has been quite bullish. Gold prices, including bullion and futures, have surpassed the predictions of most market analysts for two straight months. However, following both a promise from the Federal Reserve that a rate hike is coming, as well as the release of unexpectedly strong jobs data, gold […]
Fed Says, “Jump” — Gold Investors Ask, “How High?”
Official job reporting will be released in just two days, but some preliminary, non-farming private sector data was released today, March 8, 2017, and they are in line with market expectations. According to the ADP Research Institute, the February private sector job market added around 298,000 jobs. This increase is significant, the largest in nearly […]
