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Gold has biggest weekly gain in 11 years as virus risks mount

Gold has biggest weekly gain in 11 years as virus risks mount

Mike Hammer March 6, 2020 Comments Off on Gold has biggest weekly gain in 11 years as virus risks mount

Gold prices rose more than 1% on Friday and were on course for their biggest weekly gain since January 2009 as the global spread of the coronavirus dimmed growth prospects and sent investors scurrying

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Gold has ‘immunity’ to coronavirus, Goldman says

Gold has ‘immunity’ to coronavirus, Goldman says

Mike Hammer March 5, 2020 Comments Off on Gold has ‘immunity’ to coronavirus, Goldman says

As the coronavirus outbreak continues to pressure global markets, Goldman Sachs said there’s one asset class that’s safe: gold. “While so much about the current environment remains unclear, there’s one thing that isn’t: gold,

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Gold sees the biggest single-day gain since June 2016

Gold sees the biggest single-day gain since June 2016

Mike Hammer March 4, 2020 Comments Off on Gold sees the biggest single-day gain since June 2016

Gold surged over 3% on Tuesday after the U.S. central bank cut interest rates to help cushion the economy from damage caused by the coronavirus outbreak and on expectations of policy easing by other

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Why Did Gold Move Above $1,600 This Morning?

Why Did Gold Move Above $1,600 This Morning?

Mike Hammer March 3, 2020 Comments Off on Why Did Gold Move Above $1,600 This Morning?

Gold prices rose on Tuesday on hopes of interest rate cuts by central banks as leading policymakers from the Group of Seven (G7) nations met to discuss how to contain the economic impact from

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Gold bounces sharply higher after biggest daily drop in nearly 7 years

Gold bounces sharply higher after biggest daily drop in nearly 7 years

Mike Hammer March 2, 2020 Comments Off on Gold bounces sharply higher after biggest daily drop in nearly 7 years

Gold futures were rebounding Monday morning after the precious metal saw the sharpest weekly drop since 2013, with central banks promising to act appropriately to mitigate the effect of a viral outbreak that is

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Gold Prices Waver As US Stocks Plummet

Gold Prices Waver As US Stocks Plummet

Mike Hammer February 28, 2020 Comments Off on Gold Prices Waver As US Stocks Plummet

The US markets took another beating yesterday, with the Dow losing over 1200 points in a single session

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Should Gold (GLD) and Silver (SLV) Be Trading Even Higher?

Should Gold (GLD) and Silver (SLV) Be Trading Even Higher?

Mike Hammer February 27, 2020 Comments Off on Should Gold (GLD) and Silver (SLV) Be Trading Even Higher?

Boy oh boy.  Watching the markets this past week might lead one to think investors aren’t rational. Or that maybe the zombies had risen up and eaten their brains. For a few days there,

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Gold Prices Take a Break After Recent Run-Up

Gold Prices Take a Break After Recent Run-Up

the Mesh Report Staff February 26, 2020 Comments Off on Gold Prices Take a Break After Recent Run-Up

After a 7-day run-up in gold has taken a short and sudden breather

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Is Silver (SLV) the World’s Most Undervalued Asset?

Is Silver (SLV) the World’s Most Undervalued Asset?

the Mesh Report Staff February 25, 2020 Comments Off on Is Silver (SLV) the World’s Most Undervalued Asset?

As you might know, your friendly Gold Enthusiast has a love-hate relationship with silver. He loves precious metals, but silver has bitten him a few times. Not that he’s alone with his bite marks; silver has

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Is Gold (GLD) Caught Up in the ‘Perfect Storm’?

Is Gold (GLD) Caught Up in the ‘Perfect Storm’?

Mike Hammer February 24, 2020 Comments Off on Is Gold (GLD) Caught Up in the ‘Perfect Storm’?

Gold ended on an up note Friday amid increased investor attention thanks to the coronavirus outbreak. The lack of encouraging news about the situation over the weekend brings us to the start of another week, with gold boosted

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