GoldCore News

Gold, Silver Primed For Break Outs as Recession Looms

GoldCore Note Gold and silver have weakened today and have fallen from the 14 month high seen on Friday. Spot gold was down 0.4% at $1,338.30 per ounce in early U.S. trading. It surged to $1,358.04 on Friday, its highest level since April 11th, 2018. The return of risk appetite as seen in gains for […]

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Gold Breaks Above $1,350, €1,200 and £1,060 – Risk Of War In The Middle East

GoldCore Note Gold prices jumped another 1% today, surpassing the key $1,350 level for the first time since April last year. Gold made strong gains in all currencies including the euro and the pound, rising above €1,200 and £1,060 per ounce respectively. Poor economic data from China, the UK, the EU and the United States, […]

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Gold Price Will “Scream” and See $1,700 “Quickly” Says Billionaire Paul Tudor Jones

via Bloomberg Paul Tudor Jones, the Tudor Investment Corporation founder, believes that gold is the best trade and is going to “scream” over the next year to two years. He outlines his reasons why with Bloomberg’s Vonnie Quinn on Bloomberg Markets. “The best trade is going to be gold. If I have to pick my […]

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An “All Out Trade War” Is Most Definitely Not “Priced In” – GoldCore

Gold Driven to Higher Ground as Investors Weigh Trade War, Fed Gold Posts Back-to-back Session Gains, Buoyed by Worrisome Geopolitics Gold Gains as U.S.-China Trade Woes Subdue Risk Appetite Oil Sinks 4% to $51.14 on Rising US Crude Stockpiles, Fear of Faltering Demand Trade Tensions Push Wall St. Lower, Rate Cut Hopes Limit Losses Watch […]

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Gold Moves Higher Again As US-China Trade War Impacts Stocks

GoldCore Note Gold prices have moved higher today after hitting a one-week low yesterday. Renewed worries over the U.S.-China trade war and its impact on the global economy are pushing gold higher. Stocks globally have fallen as risk aversion creeps back in as the trade war escalates, increasing the appeal of gold bullion as a […]

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Start Preparing For Inflation Today

For the left, all private property becomes fair game… Don’t delay and start preparing your finances now Left wing governments may be elected – Where is safe to invest? The UK is still as divided as ever over Brexit and a nasty shock lurks around the corner Corbyn is not investor-friendly: Real risk of inflation […]

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Risks Rising That Dollar May Lose Its Special Global Standing

Gold Drops, Ending Nine Day Rally Gold Drops From 14-month High as U.S.-Mexico Deal Lifts Risk AssetsEuropean Banks Have Paid Over 20 Billion Euros to the ECB Since Negative Interest RatesTrump Ready to Slap More Tariffs on China After G20 Meeting More China Tariffs Could Push the US Into a ‘Trump Recession,’ CEO Says Watch […]

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Gold To Reach 6 Year High Over $1,400 on Uncertain Outlook for Global Markets

by Bloomberg Gold is finally gaining the traction needed to boost prices to a level not seen since 2013 as concern mounts over increased trade war tensions and the global growth outlook. Bullion may touch $1,400 an ounce this year as investors hedge risk, according to Rhona O’Connell, head of market analysis for EMEA and […]

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China Is Buying More Gold – Reserves Grow for 6th Straight Month

Gold Market Stretches Gains to 8th Session After Weak Jobs Growth   China’s Gold Reserves Grow for 6th Straight Month Trump Is ‘perfectly Happy’ to Hit China With New Tariffs if Xi Meeting Doesn’t Go Well: Mnuchin Oil Just Had Its Worst Run Since 2008 Global Trade Heading for Worst Year Since Financial Crisis – […]

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Gold Jumps To $1,345 Per Ounce As U.S. Only Created 75K Jobs In May – Weekly Gain Now 3%

Gold Is 3% Higher This Week As Dollar, U.S. and Global Economy Weaken Gold prices jumped to $1,345 per ounce soon after the U.S. non farm payrolls showed that the U.S. created a meager 75,000 jobs in May, taking it’s weekly gain to 3%. Gold prices consolidated on this week’s 2.2% rise by today and […]

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Gold on Track for 7 Day Winning Streak as Dollar Slumps

Gold Extends Gains to a 7th Session, the Longest Winning Streak in Over a Year Gold Climbs Towards 2019 Highs on Expectation of Fed Rate Cut NY Fed President John Williams Rails Against Low Inflation and Calls for Central Bank Action Trump to Decide on $300 Billion China Tariffs After G20 Meeting Dollar Dump? Russia […]

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Global Collapse In Trust Is Driving A Secret Bull Market In Gold

by Dominic Frisby of Money Week Every year, Incrementum AG – a Liechtenstein-based investment company – puts out its research note, In Gold We Trust. At over 300 pages, it’s probably the most comprehensive gold analysis there is. The 2019 edition came out just last week, and I thought this week I’d share some of the […]

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Gold Rises to 15 Week High At $1,344/oz After Terrible U.S. Jobs Data

Gold Settles at a 3 1/2-month High After ADP Report Reveals Very Weak Hiring Gold Rises to 15-wk High as Trade-conflicts, Rate Cut Hopes Fuel Demand Wall St. Climbs as Weak Private Jobs Data Boost Rate Cut Hopes Fed Says Contacts Worry About Trade War; Economy Growing Modestly Gold at 3-month High Amid Rate-cut Expectations […]

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Gold Firm At $1,340/oz After 5 Days of Gains – Fed Takes It To 3 Month High

Gold has moved marginally higher again today after 5 days of gains and remains firm near a three month high at $1,340/oz. Gold is being supported by the dovish comments from the Fed which have lifted expectations of an interest cut. The U.S. economy is slowing and this is putting the dollar under pressure as […]

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India’s Gold Imports Jumped 49% In May

Gold Notches 5th Straight Session Climb, Longest Run of Gains Since January Gold Steadies After Hitting Near 3-month Peak on Rate Cut Hopes Venezuela Defaults on Gold Swap With Deutsche Bank  ‘Buckle Up!’ When Oil and Gold Trade Like This, It Usually Spells Doom for the Market  Stanley Druckenmiller Sold Everything and Bought Treasurys After […]

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Gold Hits 10 Week High At $1,328/oz as Trade Wars Spur Safe Haven Demand

Gold has consolidated on yesterday’s gains and is marginally higher as risk aversion creeps back into markets. Gold rose 1.5% yesterday to its highest level in more than three months. Concerns that trade wars look set to escalate globally and fears that President Trump’s threat of tariffs on Mexico will hurt the global economy are […]

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‘Flight to Quality’ and Gains for Safe Haven Gold – GoldCore

Gold Extends Win Streak to Fourth Day, Ending at More Than 3-month High Gold Hits 10 Week ‘Peak’ as Trade Fears Spur Safe-haven Interest Dollar Dips on Increased Expectations of a 2019 Fed Rate Cut U.S. Manufacturing Activity Grows at Slowest in Two-and-a-half Years: ISM ‘Flight to Quality’ and Gains for Safe Haven Gold – […]

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Gold Sees Safe Haven Gains As Stocks Fall Sharply and Deutsche Plummets

Gold rose to a two week high and was higher in most currencies today after Washington’s threat of tariffs on Mexico exacerbated fears of a global trade war and recession, which saw a ‘flight to quality’ and gains for safe haven gold. Spot gold jumped 0.9% to $1,298.80 an ounce this morning, its highest since […]

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Gold At 2 Week High and May Rise As High As $5,000 – Thomas Kaplan

Gold Futures Settle at a Roughly 2-week High Gold Rebounds to Two-week Peak as U.s. Data Boosts Fed Rate Cut Hopes Malaysia’s Mahathir Proposes Common East Asia Currency Pegged to Gold Oil Falls to Two-mth Lows on Small U.s. Crude Stock Draw, Trade War Worries U.S. Fed Buys $29 Million of Mortgage Bonds, Sells None […]

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“Heightened Political and Geopolitical Uncertainty Is Also Supporting Gold” – GoldCore

Gold and Silver Settle Higher, Buoyed by Global Stock-market Weakness Gold Draws Support From U.S.-China Trade, Global Downturn Fears Dollar Rises Amid U.S.-China Trade Worries  World Stocks Drop, Bonds Rally as Trade Tensions Fan Growth Fears Bank of Canada Holds Rate at 1.75%, Says Economic Slowdown Likely Temporary “Heightened Political and Geopolitical Uncertainty Is Also […]

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