Blog

After touching $1,300/oz. in late January, gold is back to hovering around its familiar $1,200 resistance level. And as you probably know, the stock market is at all-time highs. So what are you waiting for? SELL STOCKS / BUY GOLD We are currently in one of the longest bull market runs in the U.S. stock market’s

Spot gold fell to a one-month low of $1,205.72/oz. in early trading Tuesday, despite a breakdown in talks between Greece and its creditors regarding the country’s debt. Greek officials rejected a proposal set forth by Eurozone finance ministers to request a six-month extension of the country’s international bailout, furthering concerns of Greece exiting the euro (which the media

The World Gold Council (WGC), the market development organization for the gold industry, has released the latest issue of its Gold Demand Trends quarterly publication. The report contains some eye-opening facts and statistics regarding gold investment demand, central bank buying, and production and supply in 2014. We’ve summarized what we believe are the most relevant points below. 2014 Demand

Swiss bank and wealth manager Vontobel Holding AG is reporting that investors are buying more gold as an alternative to Swiss francs. The Swiss National Bank (SNB) imposed a 0.75% negative interest rate on some deposits as of January 22 – an increase in charges on banks that use the SNB as a custodian for Swiss franc deposits.

The U.K. Royal Mint is reporting increased demand for gold coins among Greek investors, as political and economic turmoil in the country has many seeking a safe haven. Bloomberg also reports that the gold spot price in euros has risen 12% this year. “There has been a noticeable increase in demand in this last quarter,”