A combination of geopolitical events has dampened earlier gains in gold futures. The precious yellow metal traded to a high of $1501 per ounce before softening on the close. As of 4:10 PM EDT gold futures are currently trading up $1.50 on the day and fixed at $1495.60. Today […]
Guest(s): Frank Holmes CEO, U.S. Global Investors Many fundamental forces are in line to drive gold price higher, especially when it comes to monetary policy, which is “destroying” fiat currencies around the world, this according to Frank Holmes CEO of U.S. Global Investors. “Bad news is good news for gold. […]
Gold rose to daily highs on Tuesday afternoon as markets digested Federal Reserve Chair Jerome Powell’s comments that the U.S. central bank will start expanding its balance sheet “soon.” December Comex gold futures were last trading at $1,510.10, up 0.38% on the day after briefly touching Tuesday’s high of $1,515 an […]
A combination of geopolitical events has dampened earlier gains in gold futures. The precious yellow metal traded to a high of $1501 per ounce before softening on the close. As of 4:10 PM EDT gold futures are currently trading up $1.50 on the day and fixed at $1495.60. Today […]
Guest(s): Frank Holmes CEO, U.S. Global Investors Many fundamental forces are in line to drive gold price higher, especially when it comes to monetary policy, which is “destroying” fiat currencies around the world, this according to Frank Holmes CEO of U.S. Global Investors. “Bad news is good news for gold. […]
Gold rose to daily highs on Tuesday afternoon as markets digested Federal Reserve Chair Jerome Powell’s comments that the U.S. central bank will start expanding its balance sheet “soon.” December Comex gold futures were last trading at $1,510.10, up 0.38% on the day after briefly touching Tuesday’s high of $1,515 an […]
A slight pullback in gold should not deter investors from the fact that the yellow metal is still in a bull market, especially after sentiment has shifted in its favor recently, said Adrian Day, CEO of Adrian Day Asset Management. Read Full Article Here: >>
With December Gold continuing to consolidate recent gains above $1500, investors have begun to move quickly into the cheaper safe-haven option of silver which has surged 12% this month and touched an over two-year high of $18.76 on Thursday. Unless there is a harsh selloff later today below $17.50 in “poor […]
As a long-term bull market in gold is underway it is important to keep an eye on the critical levels of support and resistance. For those of you holding physicals or investing in non-leveraged products these twists and turns might not mean as much as someone using futures which allow speculators to […]
