Silver Steals the Spotlight From Gold

Silver has been a top performer among major metals this year, and it looks set to continue to steal the spotlight from gold, with investment and industrial demand for the white metal expected to rise. “We could see a spectacular performance in silver” during the rest...

Why is Putin Stockpiling Gold?

According to the World Gold Council, Russia has more than doubled its gold reserves in the past five years. Putin has taken advantage of the financial crisis to build the world’s fifth-biggest gold pile in a handful of years, and is buying about half a billion...

Gold to Rise Above $2,500/oz on Negative Real Interest Rates

Gold edged up $3.50 or 0.21% in New York yesterday and closed at $1,695.30. Silver rose to $32.27 in Asia, slipped to $31.90 in London, and then hit a high of $32.40 in New York and finished with a gain of 1.84%. Gold edged down overnight, but is not far from the 6...

Your Window to Buy Gold Below $1,700 Is Closing

Even the hardiest investors have been lamenting that gold prices have been stuck in a rut for a long time. Others with less experience have watched the market waiting for something to happen…. And as always, many bailed out of the market entirely, licking their...

Gold Rises For 3rd Day; Resistance at $1,700 Per Ounce

Bullion rallied to $1,698 per ounce, a level not seen in almost six months, after data showed manufacturing slowed in August, but it eased back after hitting technical resistance as it approached $1,700. Spot gold was up 0.14 percent at $1,694.1 per ounce at 1:59 p.m....

Republican Party Considers Returning to Gold Standard

Gold is gaining favor – and serious momentum – as Republicans actively support returning to the Gold Standard nixed by Nixon on August 15, 1971. At the Republican National Convention in Tampa, Florida, a gold standard draft platform will be up for approval. The draft...