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World’s Ultra-Wealthy Go for Gold Amid Stimulus Bonanza
As stock markets roar back from the coronavirus-led rout, advisers to the world’s wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central
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Which Country is the Largest Official-Sector Gold Buyer in 2020?
This country’s central bank has become the world’s biggest official-sector buyer of gold, said Commerzbank. Analysts cited data from the International Monetary Fund showing that the Turkish central bank upped its gold reserves by
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2 Small-Cap Gold Miners To Buy On Dips
It’s been a tough start to the month of June for investors parked in the mining sector, as the group was beaten to a pulp, despite a gold price that has barely flinched. Unfortunately,
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Why are Gold Prices Tumbling 1.5% Today?
Gold futures headed sharply lower on Monday, failing to derive support from a weaker U.S. dollar or a selloff that was taking shape in global markets to start a week that appears rattled by
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Gold Prices Climb, Poised for 4% Weekly Gain Amid Public-Health Worries
Gold futures climbed Friday, contributing to a gain for the week, as U.S. stocks attempted to rebound from one of the worst selloffs since the COVID-19 pandemic roiled markets in March. Prices for the
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Gold, Silver Prices Up as Risk Aversion Back in Play
Gold and silver prices are higher in early U.S. trading Thursday, on safe-haven demand amid a global marketplace that has become anxious again. The Federal Reserve on Wednesday afternoon doused a stock market rally with some
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Gold Rises as Investors Await FOMC Economic Forecast
Gold prices gained for a third session early Wednesday, supported by a weakening of the U.S. dollar and a retreat in bond yields ahead of the Federal Reserve’s policy update due later in the
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Why are Gold Prices Pushing Higher Today?
Gold prices headed higher Tuesday as global equities staged a modest retreat after being buoyant for weeks on the back of the reopening of economies stricken by the coronavirus pandemic. “The spot price of
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3 Gold Stocks to Buy in June
It doesn’t take much scrutiny of the headlines or social media to realize that tensions are running high. With nationwide protests, soaring unemployment claims, and general unease around COVID-19, investors are concerned about what
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Gold Price Drops as U.S. Economy Creates 2.5 Million Jobs in May
The gold market has been unable to hold support around $1,700 an ounce and struggling to find positive momentum after the U.S. economy surprisingly added jobs last month. Friday, the Bureau of Labor Statistics
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