For first time in over 16 years, palladium futures settle at a premium to gold futures Gold futures on Wednesday resumed their climb toward the psychologically important price of $1,300 an ounce, settling at their highest in nearly two weeks on the back of political turmoil in the U.K. and U.S. Caution among traders had […]
Gold Holds Steady Over £1,000 – Increased Likelihood Of A Disorderly Brexit – Gold supported near $1,300/oz ahead of important British Brexit no-confidence vote – Gold is consolidating in range between $1,280 and $1,300/oz (over £1,000/oz and €1,100/oz) – A break of resistance at $1,300 will likely see gold rise rapidly in all currencies – Physical demand […]
Turbulence and Brexit Make Safer Options Like Gold and Cash Essential – Turbulent markets and Brexit mean it is essential to consider safer options like gold – You need to take some risk in a portfolio – cash, gold and planning are essential – To build a financial fortune & long-term wealth one must diversify […]
– Turbulent markets and Brexit mean it is essential to consider safer options like gold – You need to take some risk for a successful portfolio – but cash, gold and planning are essential – How to build a financial fortune – Anyone building long-term wealth must diversify their assets – “Physical gold (bars and coins) […]
– Case for a pending financial collapse is well grounded warns Rickards – “Ticking time bomb” the Federal Reserve has created is set to go off… – Economist warns U.S. high-yield debt, default of “junk bonds” could cause next crisis – Systemic risk is “more dangerous than ever” as “entire system is larger than before” […]
– Gold to outperform stocks again in 2019 as seen in 2018 and last 15 years – 15% to 20% gains for gold and 30% to 40% gains for silver quiet likely – Given scale of under valuation, strong fundamentals including robust demand and anemic supply and high level of risk, both precious metals are […]
Gold Outlook 2019 – World Gold Council As we look ahead, we expect that the interplay between market risk and economic growth in 2019 will drive gold demand. And we explore three key trends that we expect will influence its price performance: financial market instability monetary policy and the US dollar structural economic reforms. Against […]
– “We’re experiencing a slowdown,” says Blackrock fund manager – Global Allocation Fund adding to gold exposure through ETFs – Gold “has had a very consistent record of helping mitigate equity risk when volatility is rising” – Gold bullion has been a “store of value for a very long time” by Bloomberg News Gold may extend […]
– Financial advice needed in 2019? Let six experts guide you – Save regularly, switch your mortgage, check up on tax reliefs & hedge risks in 2019 by diversifying into gold – “There are also very real risks posed by the global debt bubble as the world nears $250 trillion in debt and the global debt-to-GDP […]
– China increases gold holdings by large 320,000 ounces – Gold bullion remains a tiny component of the People’s Bank of China massive foreign exchange (FX) reserves which rose to $3.073 trillion – China’s gold reserves rose for first time since October 2016 to 59.56 million ounces by the end of December (1,853 metric tons) from 59.24 […]