By: Rick Ackerman, Rick’s Picks In the Rick’s Picks chat room, where the focus is sometimes obsessively on gold, the meaning of “long-term” can range anywhere from 90 minutes to about three…
Tag: gold bullion
Gold Marching to 1200 Psychological Level
Precious metals soar today on the back of central bank rhetoric while energies are lifted mildly by recovery in stocks. Gold surges to new record high of 1167.8 as St Louis Fed…
Another Central Bank Bought Gold from the IMF!
Bullion bulls take a breather after pushing gold above 1140 Monday. Currently trading at 1131, the Comex gold futures may edge lower later today as USD recovers. However, the pullback should not…
Gold Pushes to New Highs (Video)
Gold broke through new historic highs this week as the dollar remained weak across the board. James Turk, founder & CEO of GoldMoney, considers the outlook for gold. Buy gold online –…
Who Owns Most of the World’s Gold?
By Luke Burgess With gold prices getting ready to soar, we’ve decided to find out who owns the most bullion in the world. It’s no surprise that governments, central banks, and investment…
Silver Stock Report: The Tiny Gold Market
Silver Stock Report by Jason Hommel, October 9th, 2009 There is very little understanding of the relative size of the gold market, let alone the silver market. In the gold market, the…
A Closer Look at Drivers for the Gold Rally
Comex gold extends gains to as high as 1049.7 in European morning. Major reasons driving gold’s rally are weak USD, inflation expectations and minimal sales from central banks. The Fed has reduced…
Gold Price Made Fresh Record High and Confirmed Long-term Uptrend
Gold price set a new record high Tuesday amid USD’s weakness and renewed inflation worries. The benchmark contract for the yellow metal breached the peak of 1033.9 made in March 2008 and…
Gold Sets New Monthly Record in Dollars, “Panic Buying” Absent
By: Adrian Ash from BullionVault London Gold Market Report The price of gold moved back above $1000 an ounce Wednesday morning in London, heading for its best-ever monthly average in Dollar as…
Central Banks Set to be Net Gold Buyers
By Chris Flood Financial Times Central banks are set to become net buyers of gold this year for the first time since 1998, according to GFMS, the metals consultancy. This reverses the…