Gold Reacts Badly to Fed Decision (GLD, IAU, GDX, GDXJ)
The SPDR Gold Shares ETF (AMEX: GLD) is off about -0.2% at $156.89 in a 52-week range of $143.97-$185.85. The iShares Gold Trust (AMEX: IAU) is off about -0.1% at $15.76 in…
The SPDR Gold Shares ETF (AMEX: GLD) is off about -0.2% at $156.89 in a 52-week range of $143.97-$185.85. The iShares Gold Trust (AMEX: IAU) is off about -0.1% at $15.76 in…
Gold and silver are finally acting in the manner they should be again. For months and months, gold (and silver as a more speculative gold trade) investors and speculators were having an…
Of the top 25 price gainers today, 15 are gold or silver miners, most are the juniors, and all are up about 9%-12%. Recent weak US employment news and a pricey dollar-euro…
The World Gold Council has released its first quarter report on global gold demand. Some of the report may be as most expected, but the report also contains some interesting tidbits when…
Gold remains under pressure on Tuesday, albeit at a far lower rate of pressure with a drop of only $0.37 to $1,554.19. Gold was at $1,580 just yesterday morning overseas and it…
What happens when you have an appreciating dollar? Commodity prices tend to fall, all other things being equal. But what about when you have a scenario where risk-on investors are not buying…
For those who believe that the price of gold is going to rise, Royal Gold Inc. (NASDAQ: RGLD) may be worth another look. Shares are essentially flat over the past 12 months,…
The World Gold Council has released its summary of the first quarter’s price performance for the yellow metal. The Council noted a few macroeconomic trends that had an impact on the price…
There is no point in arguing about it. Gold and silver are just the wrong trades in the current state of the markets. Hope may be near for support, but there are…
Jon OggMarc Faber, who is the publisher of the Gloom, Boom and Doom Report, gave an interview on Bloomberg Television this Monday showing some real caution that is mixed with some optimism. …
During some points in the market cycle, gold is a hedge against the dollar. Sometimes it is a risk-on trade that follows the stock market as though it was its own sector. …
By now, most investors know that the large hedge funds are run by billionaires rather than millionaires. What many investors might not know is that some hedge funds are reaching the size…
Gold is trying to recover on Thursday as it moves back and forth between being a risk-trade asset and an end of the world trade. While gold may be on the mend or at least…
What happens when the Federal Reserve Chairman acts less optimistic and less as though he is ready to endlessly hit the quantitative easing button? It might not be the same as a tightening move,…
Is it starting to feel like the silly season all over again? On a day after higher consumer confidence and weak durable goods, spot gold is up just over 1% at $1,788.90…