HomeGold IRA Blogunemployment

unemployment

  • This Week in Gold: U.S. Dollar Infographic, Market Happenings

    This week in gold, we shared an infographic depicting what $1 buys you then vs. now and covered notable movements in both the stock and gold markets. While markets may fluctuate, remember that physical gold is seen as a long-term investment offering real value and peace of mind that your wealth is protected. Infographic: “Then vs. Now:

    read more

  • Did you hear the news? Gold at lowest level this year

    Following reports that U.S. job growth rebounded in September, gold fell to its lowest price yet in 2014. Gold for December delivery fell by 1.9% to $1,192.30 an ounce on the Comex, its lowest price since December 31, 2013. The positive jobs data set off concerns that the Federal Reserve may raise interest rates in 2015,

    read more

  • 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

    read more

  • 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

    read more

  • Gold Has Outperformed All Major Asset Classes This Year

    The chart below from Reuters shows that gold, despite its somewhat disappointing performance lately, has still been outperforming all major asset classes this year.   This can be attributed partly to the heavy amount of geopolitical risk present as of late – according to Zero Hedge, 11.7% of the world is at war right now

    read more

  • What to Watch for at This Week’s Federal Reserve Meeting

    It’s a big week for United States economic data, with the Federal Open Market Committee (FOMC) meeting on Tuesday-Wednesday, second quarter GDP figures being released on Wednesday, and employment data coming out on Friday. Markets are already reacting, with the 24-hour gold spot price reaching a one-week high of $1,312 per ounce early Tuesday morning, and

    read more

  • Fed Statement Announces Downgraded Outlook on U.S. Economic Growth

    We reported earlier today that gold was holding steady as the market was anticipating a statement from the Federal Reserve and a press conference by Janet Yellen, the Fed’s current Chairwoman. The statement, as expected, announced a downgraded outlook for the U.S. economy and a phasing out of its Quantitative Easing (economic stimulus) program. The Fed had

    read more

  • Gold and Silver Make Sudden Rebound

    Yesterday, May 13th, the gold spot price closed at $1294.80, while the silver spot price closed at $19.47. Today, gold and silver have made a sudden rebound after taking a hit earlier in the morning. But why the sudden change in such a short period of time? The Situation in Ukraine Gets Violent Ukraine has

    read more

  • Gold Values Jump after Federal Reserve Meeting

    Gold prices jumped today after todays Federal Open Market Committee (FOMC) meeting released their economic projection charts. The economic projection charts display actual and projected values for three economic variables based on FOMC participants’ individual assessments of appropriate monetary policy from 2008 to 2016: 1. Change in Real Gross Domestic Product (GDP)—as measured from the fourth quarter of the previous

    read more

  • Slowed China Production and Ben Bernanke

    Gold prices shifted up and down this week due to various market factors. Overall gold started to stabilize in the past couple days around $1,390 per ounce. Here is a look at two recent stories that may shape the future of gold in the coming weeks. Production in China Slows Gold prices had help breaking

    read more
  • 1
  • 2
Get Your FREE Gold Guide!



    Your information is 100% secure with us. By submitting you agree to be contacted by American Bullion via mail, phone, text or email. You can unsubscribe at any time.