Last week, the main drivers behind the gold prices were the situation of the Malaysian Airlines jet downing in Ukraine and Israel’s invasion of Gaza. For now it seems that the other hot-spots especially those in Syria, Libya and Iraq have...
Gold prices fell sharply on Monday after posting their sixth straight weekly gain. The price of the yellow metal came under some initial selling pressure during the Asian and European session, but on the opening of Comex when some trader...
Gold prices remain well above the important support level of $1300 an ounce as geopolitical tensions in Ukraine and Iraq continue to spur demand. Also, despite the printing of trillions of dollars, the U.S economy tanked in the first...
The recent tight trading range in gold was broken last week to the downside as prices of the yellow metal fell by almost 3% to a 16 week low. The price of spot gold was weighed down by speculative selling on Comex as stop-loss orders were...
Despite a mainly negative sentiment towards gold from investors as evidenced in the continued liquidation in gold-backed exchange-traded funds amid signs of an improving U.S. economy, the crisis in Ukraine has prompted in recent safe-haven...
Hedge yourself against Geopolitical Tensions and Expansionary Monetary Policies of Central Banks with Gold
Recently, the global gold market has been dominated by the situation in Crimea and the latest Federal Open Market Committee. After trading above the $1,390 an ounce level for the first time since September 2013, gold’s upward momentum was...
Geopolitical Tension, Government Corruption and Central Bank Money Printing all have the same result – Currency Devaluation. Even though continued tensions in Ukraine gave a boost to gold prices in yet another turbulent week for the yellow...
Gold prices surged last week smashing through several key resistance levels including the psychologically important $1300 an ounce level. Gold prices continued to advance last Friday for an eighth session in a row, gaining almost 5% for...
While the Flow of Gold from the West to the East continues, Western Banks Disparage Gold Ownership and Engage in the Largest Financial Crime Spree in World History. As we enter the New Year and amid a list of bearish reports on gold,...