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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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  • This Week in Gold: Mixed Economic Cues

    Gold was pulled in many different directions this week, facing economic cues such as the strength of the U.S. dollar, the European Central Bank’s latest activities, and a new jobs report. While gold is facing volatility, it’s important to remember that gold functions best as an asset you purchase and then leave alone for several years, knowing that

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  • Gold Higher on U.S. Jobs Data, ECB Making Moves, Dollar Still Strong

    Gold for December delivery traded higher on Friday morning by 0.3% at $1,270.20 an ounce, up from $1,264 before the latest U.S. jobs data was released by the Labor Department at 8:30 a.m. EDT. Gold is being pushed in many different directions by economic cues such as a stronger U.S. dollar and the European Central Bank adopting a looser monetary policy. Here are the

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  • Issues Overseas Cause Gold to Rise

    Gold prices are up about 11% this year and show little sign of slowing down. This week has been another profitable one for the yellow metal as geo-political issues are heating up overseas. It seems the situation in Ukraine is nearing a boiling point, which has investors eager to protect their wealth with safe haven

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  • 3 Reasons Gold Could Overtake $1,600 an Ounce

    There has been buzz in the media that the price of gold may have been subject to manipulation in the past decade or more. This price fixing however seems to be inconsequential to David Lutz, leading strategist for Stifel Nicolaus, who recently stated “I can easily see us overtaking $1,600 an ounce.” Here is a

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