Market News

Double down on gold thats what negative rates mean, WGC says

Gold | March 31, 2016
Negative interest rates have been called a game changer for gold investing, and now a new report from the World Gold Council (titled Gold in a world of negative interest rates) has reaffirmed that standpoint. Recently introduced in Japan and already in full sway in much of Europe, negative rates take zero interest rates a…

$1,350 gold is next, firm says after bullions best quarter since 1986

Market News | March 31, 2016
Gold on Thursday sealed the deal on its best quarterly price performance since 1986. Though Asian demand has played a significant role in the metals breakout performance this year, Western investors surprisingly provided the spark that gold needed as they sought safe-haven shelter from volatility on the stock market and concerns over Chinas slowdown. Holdings…

China, Russia see golds seasonal pullback as buying opportunity

Market News | March 29, 2016
To be honest, gold hadnt done much since flirting with the $1,270 level a couple of weeks go. But investors with any sense of golds seasonal patterns will know that March historically has never been a strong month for the yellow metal. Why? Because the Asian holiday buying that traditionally propels gold higher in January…

Gold goes on fresh rampage as Yellen doubles down on dovishness

Market News | March 29, 2016
Gold rebounded from one-month lows Tuesday after Federal Reserve chief Janet Yellen pulled off the unthinkable: issuing an even more dovish speech to the Economic Club of New York than her comments after the Feds March meeting. Earlier Tuesday, an S&P/Case-Shiller housing-price index got the ball rolling for gold by posting a 5.4% increase for…

Gold key as Fed risks overshooting inflation target

Market News | March 29, 2016
Inflation is still by no means going gangbusters, but nascent signs that prices are starting to rise should have investors thinking about gold as a portfolio hedge. Crude oil has rallied by about 50% since its February lows; the S&P/Case-Shiller housing-price index posted a 5.7% rise in January; and the Consumer Price Index for February…