What Will Happen To Gold In 2019?

Gold prices hit a 1-week high mid-December and steady they go. Since the price made a low of $1,046 back in 2015, it has never looked back. As of today, it is trading at $1,248. Having said this, the price is down by -4.05% year-to-date, but the daily chart shows that the trend is still ...

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Gold Rises After Dollar And Stocks Takes A Hit

Gold rose to a one-week high on Tuesday, helped by a weaker U.S. dollar and a fall in global stocks, but moves were limited as investors sought clarity on the path of U.S. interest rates. View post

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Gold Gains Maintained Following Nov

Gold futures traded higher on Wednesday, looking to score their first gain in three sessions after data showed U.S. inflation remained flat in November. View post

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Possibly Weaker Fed Hikes Aid Gold

Gold edged higher Tuesday, recouping some of the ground lost in the previous session as investors scaled back expectations about the pace of future interest-rate increases by the U.S. Federal Reserve. View post

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Big Banks in Trouble for Being Unethical with Your Money

Several big banks are getting in trouble for unethical practices. Here’s how the resulting uncertainty in the market could have ripple effects on the economy… Peter Reagan, December 7, 2018 It starts with Wells Fargo. Today they’re facing a $1 billion fine for auto and mortgage loan abuses from 2016. Of course, this isn’t the only time ...

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Why To Wait On Gold

It is still premature for gold traders to start buying. That’s the judgment of many contrarian analysts, who note that gold market sentiment is not yet favorable. View post

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Recovering U.S.-China Ties Boost Gold Value

Gold climbed to its highest in nearly a month on Monday as the dollar weakened after the United States and China agreed a temporary truce in their trade war. View post

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Gold And Dollar Prices Fall

Gold prices dropped on Tuesday in Asia while the dollar also slid. Traders will take cues from Federal Reserve Chairman Jerome Powell’s speech on Wednesday to see which direction the precious metal will go. View post

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With Stocks Falling, Gold Makes Traction

Gold firmed near a two-week peak on Tuesday, as a slide in stock markets offset an uptick in the dollar, with the metal holding a tight range in light trade ahead of the U.S. Thanksgiving holiday. Spot gold dropped 0.28 percent to $1,220.56 per ounce, having earlier hit its highest since Nov. 8 at $1,226.56. U.S. gold futures dropped 0.26 ...

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How Far Has Gold Fallen?

Gold slid to its lowest level in a month on Monday as the dollar rose to 16-month highs, boosted by the Federal Reserve's hawkish interest rate policy and political uncertainty in Europe. View post

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