Gold traders are buying the rumor, will they sell the fact? During this election year there has been a multitude of events which have created a climate of uncertainty. In the short-term market participants are awaiting tomorrow’s data when the U.S. Labor Department releases the jobs report for the month of August. Economists are currently […]

Presidential debate was more like a mixed martial arts title fight While there were brief moments in which either former vice President Biden or President Trump actually spoke about the real issues, in almost every case the candidate answering the question was rudely interrupted by his opponent. In the case of last night’s debate, the […]

All markets, even gold, are about to crash says investor in all cash Markets will see a major correction soon, most likely before the presidential election, said Clem Chambers of InvestorsHub, who has allocated all his holdings into cash. “I got a warning from the market about ten days ago…so I cleared the decks because […]

Stocks, gold price bounce back; buy or sell now? Gary Wagner answers Gold rallied more than 1% on Monday, bouncing back from last week's declines. Equities markets are also seeing gains. Gary Wagner, editor of TheGoldForecast.com, said that he prefers to buy into strength. "Gold is up $18 [an ounce]. The most important takeaway for […]

Gold price to end the year at $2,000 – Capital Economics In a report published last week, commodity analysts at Capital Economics said it expects gold prices to end the year higher after raising its year-end target. Samuel Burman, assistant commodities economist at the U.K.-based research firm, said in the report that they now see […]

Gold and silver have worst weeks since March on rising dollar Gold and silver posted their biggest weekly losses since March, when the global onset of the coronavirus pandemic panicked markets. Increase ad revenue 50-250% with Ezoic The dollar gained as concern over the outlook for global economic growth bolstered the appeal of the currency […]

Gold price outlook from third largest miner in the world, Polyus Despite the recent slowdown in gold jewelry demand and tapering of central bank buying, the price of gold is not expected to see major changes and substantial volatility in the medium term, said Pavel Grachev, CEO of Polyus, the third largest gold miner in […]