Precious Metals News and Analysis

 

Gold Prices Retreat After Safe-Haven Surge

Gold Prices Retreat After Safe-Haven Surge

Gold Prices Retreat After Safe-Haven Surge Gold, a traditional safe-haven asset, has seen its prices drop (after a surge in demand took place immediately after the attack by Hamas that began the ongoing conflict in Gaza). Multiple factors may influence this retreat. Of particular note, investors are

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Gold Had Its Best Week in Months, But Could It Break $2000? 

Gold Had Its Best Week in Months, But Could It Break $2000? 

Gold Had Its Best Week in Months, But Could It Break $2000?  Last week, gold surged significantly after the terrorist attacks from Hamas on Israel, marking its best performance in months. Experts believe it may surpass the $2000 per ounce mark by the end of 2023.  Several

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Gold Tips Up Despite Economic Data

Gold Tips Up Despite Economic Data

GOLD TIPS UP DESPITE ECONOMIC DATA: October 11. 2023 Gold tips up despite economic data Gold tips up in Wednesday morning trading as safe haven buyers return to power the rally sparked by the Middle East conflict and treasuries subside despite this morning’s economic data showing inflation

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Will Gold and Silver Go Lower?

Will Gold and Silver Go Lower? Will gold and silver go lower? In a word – possibly. What would cause the metals to go lower? Further hikes by the Fed make interest bearing instruments more attractive (Treasuries, CD’s, money market funds, etc.). Metals do not pay any

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