Silver as an investment

Category Archives: gold price

Strongest US GDP in 2 Years Erases Week’s Gold Price Gains, Platinum ‘Oversold’ Says HSBC / ADRIAN ASH / 11/29/2017 Gold prices dropped on Wednesday as new data said the US economy expanded 3.3% per year between July and September, its fastest pace since 2014. Falling from its 6th attempt above $1296 so far this week, the gold price lost $10 per ounce against a rising US Dollar while silver and platinum […]

Gold Price Hits 5-Month Aussie High as No.2 Mine Output Forecast to Halve in 40 Years / ADRIAN ASH / 11/17/2017 Gold price gains of 0.5% from last Friday’s finish held firm in London trade today as world stock markets recovered more of this week’s drop and commodities also rallied after falling from their recent multi-year highs. Gold held at $1282, some $5 per ounce below Wednesday’s attempt at 4-week highs versus the […]

Gold Price Down Again Amid US Rate-Rise Bets, Strong China Trading, Pall-Plat Parity / ADRIAN ASH / 09/28/2017 Gold prices fell beneath yesterday’s 1-month lows in London trade Thursday, dipping to $1278 per ounce as most commodities edged higher with world stock markets. With gold prices now falling almost 6% from early September’s 12-month Dollar high, silver today fell to $16.70 per ounce – down more than 8% from 3 […]

GoldSeek Weekly Radio: Gerald Celente and Bill Murphy / 13 August 2017 Bill Murphy of returns with key insights on the PMs market. The world’s largest gold producing / consuming nation, China just announced a 10% decrease in production and a 10% increase in consumption. Our guest suggests a gold price target of $3,000-$5,000 to compensate for underlying real inflation levels. Bill […]

Gold And Silver: Respect The Bar / By Stewart Thomson, Graceland Updates / 27 June 2017 1. At about 4:00am yesterday, gold suffered a dramatic sell-off in just a few seconds. More than 15,000 contracts quickly changed hands on the COMEX. 2. This caught most investors by surprise. That’s because they don’t follow the physical market meticulously. 3. The supply and demand of […]

Giustra repeats that gold price is ‘managed’ but won’t say ‘manipulated / CHRIS POWELL / June 20, 2017 Dear Friend of GATA and Gold: Mining entrepreneur Frank Giustra, interviewed today by Kitco News’ Daniella Cambone, repeats his observation, made at the Vancouver Resource Investment Conference in January — — that the price of gold is “managed” by central banks with the help of bullion banks. In […]

Gold and Silver Market Morning: June 6 2017 – Gold poised to attack $1,300! / Julian D.W. Phillips / 6 June 2017 Gold Today –New York closed at $1,279.60 yesterday after closing at$1,278.20 Friday. London opened at $1,289.50 today.  Overall the dollar was weaker against global currencies, early today. Before London’s opening: –         The $: € was slightly stronger at $1.1246 after yesterday’s $1.1264: €1. –         The Dollar index was slightly weaker at 96.73 after yesterday’s96.77. –         The Yen was stronger […]

The Dow Falls Another 138 Points As Geopolitical Shaking Forces Investors To Race For The Exits

Stock prices just keep on falling, and many analysts are now wondering if a full-blown stock market crash is in our near future.  On Thursday, the S&P 500 and the Dow both closed at 2 month lows after Donald Trump dropped “the mother of all bombs” in Afghanistan.  It was the first time that one […]

ICE to launch London gold clearing before banks are ready / By Peter Hobson and Jan Harvey, Reuters / March 15, 2017 LONDON — Intercontinental Exchange (ICE) is set to launch clearing for London’s benchmark gold price auction before participants are ready as it races to prevent rivals muscling in on the city’s $5 trillion-a-year bullion market, market and banking sources said. Clearing — […]

Moves in Gold Price Suggest There’s Trouble Ahead / By Pam Martens and Russ Martens: February 8, 2017 The price of gold (see above chart) has been rising and its volume spiking since President Donald Trump signed his infamous Executive Order on immigration on January 27. That action ushered in a new U.S. era of uncertainty in which thousands of agreements, such as […]