Tag Archives: Gold
Market Declines Don’t Do Much For Gold…For Now
The rout in global equity markets has only managed to underpin gold, as resistance at $1,170 to $1,172 has kept a lid on the market. Even news that Belarus has added to reserves has done little to encourage fresh length … Continue reading
Gold Mining Sector On Way Up?
New projects are taking foot in the gold mining industry, despite the fourth year of downtrodden gold prices. The market knows that future economic uncertainty will lift this sector. The completed gold mining merger and acquisition number says something about … Continue reading
Global Selloff Good For Gold
Gold demand has picked up in La Jolla in recent weeks, with many old customers coming in for bullion deals. Rare coin buyers and sellers, as well, have come out as if portending of what could be a busy six … Continue reading
Gold Can’t Be Found In Europe At The Retail Level
As retail business picks up once more in the United States for gold and silver, in Europe, retail business has come to a screeching halt. But not due to lack of demand. Instead, reports are surfacing that there is no … Continue reading
Austria Repatriates Gold
Less than 20% of Austria’s (relatively) sizeable gold reserves were held in its own vaults with the remainder being stored in Switzerland and London. Austria will now remove 63% of the gold from London and transport it to both Switzerland … Continue reading
Russia, China Buying Gold And So Should You!
The IMF still holds the uS as the largest gold holder by a wide-margin. These self-reported numbers are not too reliable as countries have incentives to under report or over report gold reserves. China is believed to have under-reported gold … Continue reading
Gold Price Increases On Technical Buying
With gold prices climbing Monday afternoon, gold investors can take solace in the yellow metal reaching the $1200 handle, which is the highest gold price in nearly one entire week. World stock markets continue to hit all the time with … Continue reading
Thin Holiday Market & Gold Thefts In Ukraine
With thin trading, the gold price continues to experience weakness, offering a great time to buy. Unless you’re buying fake gold, like what happened to the Ukraine central bank… Gold fell over 1 percent and silver fell 3 percent on … Continue reading
European Central Bank Closer To Quantitative Easing
The European Central Bank’s unprecedented moves made waves across Europe last week. European savers have received increasingly dismal news regarding the safety of their savings in recent months, only underscored by the recent decision to slash rates. ECB president Mario … Continue reading
With Stocks At Record High, Gold Shorts Nearly Double
That gold does not catch a break, even on a weak day for the dollar, is befitting of the conditions we find ourselves, in which markets are totally counter-intuitive.
World Spot Prices
