Gold tumbled below $1,700 on Thursday as Federal Reserve Chair Jerome Powell continued to stress that inflation is not a concern while ignoring questions about rising bond yields.
(Kitco News) – Gold and silver prices are are solidly up in midday U.S. trading Tuesday, boosted by short covering in the futures market and perceived value buying in the cash market. A rally in the crude oil market after Monday Read More
Gold prices rose last week and are expected to rise more. This is partially due to US – China relations and tariff threats. CNBC said, "The escalation in the U.S.-China trade dispute has weighed on stock markets worldwide and boosted Read More
Some really interesting scientific research has come out about the origins of gold. According to a few of those scientists, it can be traced back to a star collision. Live Science said, "In a new study published May 1 in Read More
Gold prices are rebounding. CNBC reported, "Gold prices rebounded on Monday from a near four-month trough hit in the previous session as investors resumed trading after the Easter holiday, with the bullion gaining further traction on higher crude rates." The Read More
The former Interior Secretary, Ryan Zinke, is now working in the gold industry. CBS News reported, "Zinke told The Associated Press on Tuesday that his work for Nevada-based U.S. Gold Corp., which focuses on mining exploration and development, would not Read More
What does Brexit have to do with gold? Some investors are actually holding off until they see what happens. Kitco said, "The gold market in the U.K. has people waiting out the Brexit uncertainty without making any sudden moves, Carrasco Read More
Gold mining stocks are expected to rise over the next year. Mining.com said, "A panel of 22 gold analysts surveyed by FocusEconomics in March sees a gentle rise for gold in 2019 to average around $1,350 an ounce this time next year." Read More