Gold Tumbles Most in 11 Weeks as Fed Shuns Additional Stimulus

Gold tumbled the most in 11 weeks as the Federal Reserve refrained from taking more stimulus measures and as a stronger dollar curbed demand for alternative assets. Silver plunged more than 7 percent. The dollar rose to an 11-month high against the euro as Italian...

Soros Invests $40 Million in Chinese Gold Jeweler

George Soros, who famously called gold “the ultimate bubble” several years ago, evidently feels the yellow metal has yet to reach bubble territory. The legendary investor – famous for founding the Quantum Fund in the 1970s and for shorting the British pound in the...

Higher Gold Prices Expected Next Week – Survey Participants

Courtesy of Tuesday’s central bank action, nearly all participants in the weekly Kitco News Gold Survey expect the gains gold posted this week to continue into next week. In the Kitco News Gold Survey, out of 32 participants, 21 responded this week. Of those 21...

Sprott to Buy $1.5B of Silver Bullion

The silver price could explode higher in coming months. As the silver and gold price predictably fade ahead of option expiration, JP Morgan’s bullion manipulation scheme could be headed for unprecedented problems, not from the record purchases of gold and silver from...