Archive | Gold

Federal Reserve Gold

Federal Reserve gives gold a reason to rise

The Gold market breathed a collective sigh of relief as Gold futures a reason to climb even further! An hour after the Fed said it would leave interest rates unchanged, but did show some signs on the potential for a rate increase before the end of the year, December gold futures GCZ6 -0.30% were trading […]

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Why JPMorgan Chase Sees Gold Having More Room to climb

Why JPMorgan Chase Sees Gold Having More Room to climb

A few reasons for gold’s possible scaling up were pointed out, last week by JPMorgan Natural Resources Fund manager Neil Gregson. During times of unrest, investors often run to safe haven assets such as gold and silver and the EU (European Union) referendum was beneficial to gold, sparking unrest in markets across the globe. One […]

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Shooting Star Silver Still Shines

After seeing years of sliver prices decline in 1H we saw silver make significant gains. This was down to 3 main reasons; a boosted by robust investment demand based on strength in gold, risk-off investor appetite, and geopolitical risks and we believe silver prices may remain well-bid for the second half of the year up […]

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FED gold price

Why gold prices spiked after the Fed decision

Last Wednesday we saw Gold futures settle and it rallied to their highest level in two weeks late Wednesday in electronic trading. The Fed said it decided to keep its benchmark fed-funds rate untouched in a range between 0.25% and 0.5%. This was no surprise and expected, but it also shone the light on a […]

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Gold price at $1,850 with Trump win

We saw gold had another rough day last Friday contributed by two main factors, a stronger US dollar and a rise on stock markets. Gold futures in New York for delivery in August, the most active contract, dropped to a low of $1,319.40 in early trade before slowly crawling its way back up at the […]

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Could there be a roadblock coming for GOLD?

The precious metal has shined as a gloomy global economic outlook – from the UKs Brexit to Chinas slowdown has boosted the fortunes of haven assets. The price of gold has soared this year mainly driven by negative interest rates and financial uncertainty. Long-term fans predict a sustained bull run, whether they are right depends […]

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People are flocking to safe investments

This week we saw gold hit a 2-year peak; one day after many government bonds hit their highest prices ever. These moves are generally signs that investors are nervous. What does this mean? Often in times of distress investors flock to government bonds of wealthy countries and gold. The theory behind this is that gold […]

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MarcFaber buy Gold

Faber tells us to own Gold

Thanks to the U.K.’s vote to leave the European Union Gold’s investment case has been strengthened according to Marc Faber, publisher of the Gloom, Boom & Doom Report. Holdings in bullion-backed exchange-traded products have increased to the highest level since September 2013 as banks including Goldman Sachs Group Inc. who have raised their price forecasts. […]

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Post-Brexit global equity loss spells good news for gold.

In the wake of the U.K. vote on Thursday to exit the European Union HSBC looks to gold to challenge $1,400 an ounce. Global markets skidded following the unexpected result in which Britons voted to withdraw from the EU by a 52 percent to 48 percent margin. James Steel, chief precious-metals analyst with HSBC said […]

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