Gold price path to $2,000 – 'There is no quick solution to U.S.-China tensions' — analysts Gold is on a mission: to reach its all-time high of $1,920. And aside from looking like a very probable outcome for next week, analysts say that there is little to stop the precious metal from rising further and getting […]
Will King Dollar Be Overthrown? The Fed is counterfeiting trillions of dollars. The government has created mass unemployment and is spending way beyond what it takes from us in taxes. While the livelihoods of the American citizens are destroyed, government refuses to shrink. More promises that can't be kept are being made. Gold is starting […]
Gold stages the highest weekly closing price on record at $1899.80 an ounce History was made today when gold pricing closed near the highest daily level since August 22, 2011. In fact, as of 5:50 PM EDT gold futures basis the most active August contract is currently settling at approximately $1900.30. On a weekly chart […]
Gold prices have risen more then 4% so far this week in global markets, their biggest weekly percentage gain in over three months. After US ordered China to close its its Houston consulate this week, Beijing said the move had "severely harmed" relations and warned it "must" retaliate. Also, the number of Americans filing for […]
Gold and silver continue to move higher, faster, than forecasted by analysts It was another day in which the precious metals ran strongly to higher pricing. Initially both gold and silver spiked strongly in mid-March when the coronavirus epidemic grew into a global pandemic. Gold gained almost $300 as it traded from $1450 to $1788. […]
Gold prices gearing up to take all-time highs, silver could reach $30 — Citi Bullish sentiment in the precious metals space will take gold prices to their all-time highs, according to Citigroup Inc., which views the upward move up as “only a matter of time.” “Nominal gold prices have already posted fresh records in every […]
Silver Versus Gold – A Sign of the Times QUESTION: Mr. Armstrong; I listened to one of your recent interviews and you said that silver may be better than gold going forward and that a gold standard was pointless because you cannot fix the price of gold while everything else floats. That was the best […]
Gold’s bull run isn’t over as prices consolidate above $1,800 – analysts The gold market is consolidating above $1,800 an ounce and although bullish sentiment has fallen from record levels, market analyst and retail investors remain bullish on prices next week, according to the latest Kitco News weekly gold survey. Although gold has struggled to […]
Price of Gold Fundamental Daily Forecast – Sideways to Better as Investors Await More Stimulus MeasuresGold seems poised for a return of volatility, but we’re not likely to see it unless there is more stimulus or COVID-19 is brought under control. After experiencing some early session weakness and putting its weekly winning streak in jeopardy, […]
Gold and silver continue to gain value as pandemic lingers Even with the intermittent drawdowns that both gold and silver pricing have experienced over the last few months, overall gains in both metals have been impressive and significant. Obviously higher pricing in both precious metals is the direct result of global central banks accommodative monetary […]