China added gold to its foreign reserves
China added gold to its foreign reserves last month for the first time in two years, a sign that (combined with a continued paring in U.S. Treasurys) points to continuing work to cut dependence on […]
Gold
Gold prices, bond yields may signal crash
As gold prices and bond yields continue to rise at the same time, a new report suggests trouble for equities. A study by Bank of America Merrill Lynch says conditions in the gold and bond […]
Gold predicted to end year at a loss
Gold is on track to finish the year lower than it began, after an 11% drop since the US presidential election. The commodity will have closed in the red for four years in a row […]
“Gold has gotten smoked,” as futures prices plunged $33.90/oz., or 2.9%
“Gold has gotten smoked,” as futures prices plunged $33.90/oz., or 2.9%, yesterday to $1,129.80 for the lowest settlement since Feb. 2 and the largest single-day dollar and percentage loss since Nov. 11. The yellow metal […]
World Gold Council revealed record investment demand in the first half of 2016
Appetite for gold is showing no signs of abating, as figures from the World Gold Council revealed record investment demand (1,064 tons) in the first half of 2016. The trend for ETFs to pile in […]