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  • 5 Reasons for Gold’s Recent Fall in Price

    It is well-known that gold has an inverse relationship with the economy. When the economy is doing well, gold prices tend to fall, and vice versa. This is why gold is oftentimes used as a “rainy day” investment, meant to serve as a safe haven for when the economy takes a downturn. The state of

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  • U.S. Dollar Rallies, Gold and Palladium Fall

    Gold and palladium prices fell on Tuesday as a stronger U.S. dollar offset geopolitical tensions in Ukraine. Gold for December delivery was down $19.20, or 1.5%, at $1,268.20 an ounce on the Comex – its lowest level since June 18. Palladium for December delivery was down $21.95, or 2.4%, at $887.60 an ounce on the Nymex.

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  • CNBC Article: Gold is “kind of like the Rocky Balboa right now”

    In a CNBC article titled “How gold is defying the haters”, author Alex Rosenberg describes a peculiar phenomenon occurring: despite rising stocks and a strong U.S. dollar, gold has shown much resilience, holding around the $1,300 per ounce level. In Wednesday morning trading, Comex gold for December delivery was up $2.20 at $1,287.40 an ounce, and spot gold

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