Should You Invest in Gold? Uncle Joe is new to investing. He hears that the international markets are in trouble. Everybody keeps telling him not to invest in the markets until the turbulence settles. His biggest fear is losing all of his money to a bank run, should…
Weak Fundamentals for Copper Prices Copper prices are subdued at best compared to oil and gold, which have managed to hold on to their recent gains. Indeed, Brent oil futures exceeded $40.00 per barrel for the first time since last November. Rumors of a scheduled April 17 meeting…
Big Rally Coming for Gold Prices A trader is betting more than $2.0 million that gold prices could appreciate 10% in one month. The bet on SPDR Gold Trust (ETF) (NYSEARCA:GLD)—the exchange-traded fund (ETF) that tracks gold—was made on Thursday, when bullish trades outpaced bearish ones. CNBC reports…
Repeated Dovish Fed Comments Boost Gold Price Gold prices extended gains for a third day in five after Federal Reserve Board Chair Janet Yellen repeated that any rate hikes by the Fed will be gradual. A gloomy outlook for quarterly corporate results has spurred risk-averse investors to pour…
Massive Downside for Copper Prices Copper prices may recover, but certainly not this year. Demand from China is the main arbiter of copper prices. Now, that demand is slowing. This has had serious consequences on metals prices. The industry sector is preparing for the worst. Major institutions, from…
Osama Bin Laden, the global instability maker, was a gold bug, documents have recently revealed. A few months before his 2011 death, the leader of the Al-Qaeda organization had predicted the gold price would double to $3,000 a troy ounce, which has not happened thus far. In 2010,…
Gold Prices Soaring After Fed Minutes Gold prices spiked on Thursday as investors speculated the Federal Reserve would be dovish on hiking interest-rates given global economic headwinds. The gold price for June delivery rose as much as 1.8% to $1,245 a troy ounce before trimming gains to $1,242.40…
Gold Prices Slipping After Fed Transcript Gold prices fell on Wednesday as equities strengthened following a recovery in oil prices, but price moves were stopped as investors eyed the minutes of the U.S. Federal Reserve's March policy meeting. The June gold price slid 0.5% to settle at $1,223.80…
Silver Prices Snaps Two-Day Decline The silver price appreciated more than one percent on Tuesday, snapping a two-day decline, as risk-averse traders hurried to buy safety-haven investments and sell risky assets like stocks amid a global stock-market selloff. The May silver price rose to as high as $15.22…
Gold prices restored their allure on Tuesday as renewed global economic and geopolitical concerns prompted cautious investors to turn back to safer assets. The June gold price rose to as high as $1,238 a troy ounce before trimming gains to $1,230, up 0.9%, at 11:44 a.m. in New…
Are Gold Prices Being Manipulated? It is my view that we will get the answer as to whether or not the gold market has really turned for the better this month. I think the action in April will set the tone for the days and weeks to come.…
The gold price retreated for a second session on Monday after a dovish Federal Reserve official projected more and faster interest-rate hikes than the market is expecting. The gold price for June dropped 0.3% to finish at $1,219.30 a troy ounce. Boston Fed President Eric Rosengren, who is…
Oversupply Could Crimp Copper Prices Copper prices are a general indicator of economic performance. Are they going higher or lower? Commodities have been one of the best asset classes since the start of the year. The overall S&P GSCI (once known as the Goldman Sachs Commodity Index), a…
It’s probably time to stock up on silver, one of the best performing investments so far this year. Concerns about global economic slowness have prompted risk-averse investors to seek safe haven in the devil metal and its peers, staying away from the highly volatile stock market. Recent data…
Oil Prices Could Hit $50 by the Summer Drivers could soon be paying more at the pump. At least that’s what analysts at Credit Suisse believe. According to the investment bank, oil prices could rally to as much as $50.00 a barrel by the end of May. Credit…
Remember last year when some people were saying that gold prices would crash because the U.S. Federal Reserve would raise interest rates? Well, they couldn’t be more wrong. Since December 16, 2015—the date of the first Fed rate hike since the financial crisis—the gold spot price has surged…
The worldwide collapse in government and corporate bond prices could result in gold prices rising substantially in the years ahead. The yields on long-term bonds currently sit at the lowest level since the 1950s. Here’s the kicker: they could go lower. Why? Thanks to central banks around the…
If you are still bearish on copper prices, it may be time to pause and reflect. If you look closely, copper is setting up to skyrocket in the long-term and for patient investors, gains could be exponential. We are already seeing investors rushing to buy the red metal.…
Here's Why Silver Prices Could Soar If you are discouraged by the recent fluctuations in silver prices, know that the gray precious metal remains one of the best-performing assets of 2016—and there could be much more upside ahead. It is astonishing to see how no one is willing…
