GoldCore News

5 Key Charts Show Rising Interest Rates Positive For Gold Bullion

Gold fell to the lowest level in dollar terms since 2009 yesterday after the Fed’s “historic” 25 basis point interest rate rise on Wednesday. The rate hike has been heralded as the “end of cheap money.” This may or may not be the case but what is more important for precious metal buyers is the […]

READ MORE

Breaking Gold News and Commentary (18 December, 2015)

IMPORTANT NEWS Gold price: why did it slump to a new six-year low? – The Week Gold holds losses from biggest dip in five months after Fed rate hike – Reuters Asian Shares Retreat as Oil Drops; Australia, Taiwan Bonds Gain – Bloomberg Gold Slips as First Fed Rate Increase Since ’06 Bolsters Dollar – Bloomberg […]

READ MORE

Breaking Gold News and Commentary (17 December, 2015)

IMPORTANT NEWS Bloomberg Survey analysts say gold will rise in 2016 – Bloomberg Gold falls on Fed rate hike, dollar surge – Reuters Fed Ends Zero-Rate Era; Signals 4 Quarter-Point Increases in 2016 – Bloomberg Gold largely unchanged after Fed statement – FX Street  Spot gold levels out after Fed raises interest rates – CNBC   […]

READ MORE

Breaking Gold News and Commentary (16 December, 2015)

IMPORTANT NEWS Gold price: why betting on a fall is high-risk – The Week Gold sits tight ahead of Fed rate hike decision – Reuters Gold Holds Gain as Fed’s Comments Closely Eyed at Policy Meeting – Bloomberg Gold ends lower in short-term, ‘casino’-like trading – Marketwatch Foreigners sell long-term U.S. assets in October – Reuters […]

READ MORE

Breaking Gold News and Commentary (15 December, 2015)

IMPORTANT NEWS Gold at One-Week Low on Fed Interest Rate Fears – WSJ Emerging Stocks Advance Before Fed as Dollar Drops; Gold Gains – Bloomberg Gold struggles ahead of Fed meet on U.S. rate hike views – Reuters Gold Drops as Traders Fixate on This Week’s U.S. Rate Decision – Bloomberg Gold trades at discount in India as jewellers delay […]

READ MORE

Breaking Gold News and Commentary (14 December, 2015)

Don’t wake up to a nightmare – review your investments Photo: ALAMY IMPORTANT NEWS Gold ticks up but looming U.S. interest rate hike weighs – Reuters Asian Stocks Join Global Selloff as Commodity Producers Retreat – Bloomberg Wall Street veterans say rate-hike past is not prologue for markets – Reuters Italy bank rescue marred by suicide and lost savings – BBC […]

READ MORE

Bail-Ins “Undermine Confidence” In Banks – Bank of Italy

Bank ‘bail-ins’ and the new international bail-in regime that impose losses on bank investors, bondholders and even depositors may undermine the confidence of small savers in the banking system, a senior Bank of Italy official warned on Wednesday. Protect Your Savings From The Wrecking Ball “The bail-in can exacerbate – rather than alleviate – the […]

READ MORE

Breaking Gold News and Commentary (11 December, 2015)

IMPORTANT NEWS China Goes for Gold as Central Bank Expands Reserves – WSJ Gold poised for 7th drop in eight weeks on U.S. rate hike bets – Reuters Commodity Faithful See Some Hope Next Year After 2015 Heartbreak – Bloomberg US budget deficit widened in November – WRAL.com Viking hoard discovery reveals little-known king ‘airbrushed from history’ – The […]

READ MORE

Breaking Gold News and Commentary (10 December, 2015)

Source: Casey Research International Man IMPORTANT NEWS “Chinese New Year looms and demand from China should provide support above the $1,000 level” said GoldCore – MarketWatch Gold Edges Up; 2015 Silver Eagles Pad Record Atop 45.7M – CoinNews.net Nikkei lower as investors look ahead to potential Fed rate hike – MarketWatch.com Gold settles slightly higher after volatile […]

READ MORE

Breaking Gold News and Commentary (09 December, 2015)

IMPORTANT NEWS Gold adds to gains but looming U.S. rate hike weighs – Reuters Gold ETP Sales in Longest Run Since March as Rate Increase Looms – Bloomberg Gold posts modest gain as stocks, dollar fall – MarketWatch U.S. Stocks Decline After China Trade Data Add to Growth Concern – Bloomberg Indian industry group to launch first physical […]

READ MORE

Breaking Gold News and Commentary (08 December, 2015)

IMPORTANT NEWS China adds 21 tonnes to gold reserves in November on price slump – Reuters Gold retains losses as dollar rallies on Fed rate hike view – Reuters Gold Retreats as Traders Refocus on Rate Rise, Dollar Strength – Bloomberg Gold ends lower, loses steam after big Friday rally – MarketWatch Here’s a Hedge Fund Getting in Commodities, Rather […]

READ MORE

Breaking Gold News and Commentary (07 December, 2015)

IMPORTANT NEWS Vanishing Gold Trade Prompts Singapore to Refine Contract – Bloomberg Gold near 3-week high after U.S. jobs data triggers short covering – Reuters China Begins G-20 Leadership With Ideas to Reduce Dollar’s Role – Bloomberg Hedge Funds Turning Record Bearish on Gold Miss Metal’s Rebound – Bloomberg China’s Stocks Fluctuate as Brokerages Drop, Gold Miners Advance – […]

READ MORE

Dovish ECB Disappoints – Gold Rises, Euro Surges, Stocks and Bonds Fall Globally

‘Super Mario’, the European Central Bank’s monetary magician, disappointed markets yesterday as continuing and unprecedented monetary easing failed to prevent a sharp sell-off in stock and bond markets which has continued today. ECB President – nicknamed ‘Super Mario’ There are sharp losses on financial markets after the ECB’s President’s – nicknamed ‘Super Mario’ and more […]

READ MORE

Breaking Gold News and Commentary (04 December, 2015)

Greece at frontline of the migrant crisis, just as it is Europe’s economic implosion Photo: Santi Palacios/AP IMPORTANT NEWS Gold holds above 2010 lows ahead of U.S. jobs data – Reuters Gold Heads for First Weekly Gain Since October as U.S. Jobs Eyed – Bloomberg Gold Futures Rebound From Five-Year Low After ECB Rate Cut – Bloomberg Gold […]

READ MORE

Brexit: Was The Iron Lady’s Warning of EU ‘Superstate’ Correct?

Britain is continuing to debate its role and its participation within the European Union in preparation for a major vote on whether to leave the union altogether. There are indications that the referendum – known as Brexit – is likely to be held in 2016. It could be argued that Britain was always a reluctant […]

READ MORE

Breaking Gold News and Commentary (03 December, 2015)

IMPORTANT NEWS Gold slumps to 2010 lows on U.S. rate hike prospects – Reuters Gold Gets Next Slam as Assets in Top ETP Sink Most Since `11 – Bloomberg Gold Reels as Most Accurate Forecaster Says Liftoff Near Certain – Bloomberg Why Bankruptcy Might Be the Mining Industry’s Last Best Hope – Bloomberg India government official floats […]

READ MORE

Breaking Gold News and Commentary (02 December, 2015)

Photo: MoneyWeek IMPORTANT NEWS Gold Stabilizes In Asia Trade – WSJ Asia stocks wary, dollar knocked after weak U.S. data – Reuters Gold settles lower as investors look for hints on Fed decision – MarketWatch Manufacturing in U.S. Unexpectedly Shrinks Most Since June 2009 – Bloomberg Hedge funds have never bet this much on a falling […]

READ MORE

Breaking Gold News and Commentary (01 December, 2015)

Norway’s vast petroleum fund is ditching bonds for London property (Photo: The Telegraph) IMPORTANT NEWS Gold rallies 1 percent on short covering, drop in dollar – Reuters U.S. Mint American Eagle gold coin sales surge, silver at record – Reuters U.S. platinum jewelry imports surge in Q3; gold, silver also up – Reuters China boosts gold […]

READ MORE

Breaking Gold News and Commentary (30 November, 2015)

Black Friday sales in Manhattan Photo: Reuters/Andrew Kelly IMPORTANT NEWS Gold prices under pressure as dollar climbs – The Bullion Desk Gold Heads for Worst Month Since 2013 as Central Banks Diverge – Bloomberg Gold poised for worst monthly dip in 2-1/2 years – Reuters Holiday shopping unlikely to cheer many investors – Reuters IMF to make Chinese yuan […]

READ MORE

Coming of Age: China’s Yuan Joins SDR Basket As IMF Reserve Currency

Christine Lagarde and the IMF Executive Board recently announced their intention to include the Chinese renminbi (RMB) in the Special Drawing Rights’ (SDR) valuation formula.  This would bring the Chinese currency into an exclusive group – alongside the US dollar, the euro, the British pound and the Japanese yen – of 5 global currencies that make […]

READ MORE
Category
Archives
Popular

Gold steady; U.S. govt shutdown worries investors

Gold and Silver Bullion - News and Commentary Gold steady; U.S. govt shutdown worries investors (Reuters.com) Stocks Mixed, Dollar Flat With Shutdown in Focus (Bloomberg.com) Palladium flows from west to east to meet industry demand (Reuters.com) METALS START THE WEEK ON[...]

READ MORE

Gold ETF Holdings Surge as Cryptocurrencies Collapse

Gold and Silver Bullion - News and Commentary Gold flat as U.S. Treasury yields rise (Reuters.com) Gold inches up, but heads for first weekly loss in six (Reuters.com) Asian Stocks Rise, Even in Face of Climb in Yields (Bloomberg.com) Gold suffers[...]

READ MORE

Gold ETF Assets Climb to Highest Since 2013

Gold and Silver Bullion - News and Commentary Gold ETF Assets Climb to Highest Since 2013 (Bloomberg.com) Gold firm as dollar sinks further (Reuters.com) Australia Is Cashing In on Gold ETFs (Bloomberg.com) South Korea now requires verified ID to trade cryptocurrencies[...]

READ MORE