Top

Tag Archives | us economy

gold-bullion

Gold Down in Early Morning Trading

After six straight sessions of gains, gold prices dropped by almost $10 in early trading on Thursday. Having ended Wednesday’s session at $1318.40 an ounce, the yellow metal was trading at $1309.40 by the time the London market opened. It has been a common trend all week however, with the Asia market in a cycle […]

Continue Reading
gold-bullion

Is Now A Good Time To Be Investing In Gold?

Gold is gaining a lot of support at the minute. The catalysts in the last two weeks have moved prices from an imbalanced price point floating around the $1250 an ounce mark to over $1300. In early trading in Asia, a selling off of the yellow metal has seen prices fall by $3.40. However, at […]

Continue Reading
gold-bullion

Gold Up On Ukraine Concerns

Gold rallied again on Monday as violence in the Ukraine spilled over into war. With Ukraine forces continuing their campaign to deflate pro-Russian separatists, gold ended trading on Monday $1309.70 an ounce. Ukraine and US diplomats have described the conflict in eastern Ukraine as “war,” and former US ambassador to Russia, Michael McFaul voiced warnings […]

Continue Reading
gold-bullion

Fears For Gold As Ukraine Crisis Threatens Market Crash

With Ukraine on the brink of civil war, gold prices have been pushed back over the $1300 threshold and is likely to continue the upward trend this week. Ordinarily, the value of precious metals should be falling to attractive consumer prices, but with clashes in Odessa between Ukraine forces and pro-Moscow militants traders have obvious […]

Continue Reading
gold-bullion

Buy Gold Before The Change of Reserve Currency

Gold took another hit yesterday and lost everything it gained on Wednesday. Current prices are $1289.90 an ounce. As expected, gold has been in the balance this week ahead of US economic data, the cruncher of which will be announced later this morning. The strength of an economy is measured on certain yardsticks, with industry […]

Continue Reading
gold-bullion

Gold Bullion Rebounds As Traders Show Signs of Anxiety

Gold recovered some $11 in today’s trading despite US stocks hitting all-time highs for the second day running. The rebound on gold however, indicates there is some tension among investors ahead of US economic data. It is a little confusing to understand why investment banks have returned to buying bullion today given the economic data […]

Continue Reading
gold-bullion

Gold and Silver Fall On Putin Promise

Trader sentiment returned to equities again yesterday as Russian Premier Vladimir Putin gave assurances he will not divide Ukraine. As a consequence gold and silver prices are in decline – despite analysts expected prices to climb this week in the face of US and EU sanctions against Russia. The saving grace at the moment is […]

Continue Reading
gold-bullion

Gold Spot Prices Down As Traders Turn to US Equities

The upward trend of gold came to an end today as prices fell from a high point of $1391.76 to $1366.10 by mid-afternoon New York. After Crimea voted to join Russia, the US have issued the sanctions they threatened on Russia and the EU has enforced travel bans. Having pulled investments from Russia, the US […]

Continue Reading
Web Analytics

Clicky