- The "Secret" Agreement That's About to Manipulate Gold Prices May 19 was a big day for gold prices worldwide - perhaps the biggest this year. On that day the powerful European central banks announced the signing of the fourth Central Bank Gold Agreement. While that may sound harmless, it’s anything but. Here’s the real story behind the CBGA’s involvement in the direction of gold prices…
How the Gold Spot Price Will React to the Federal Reserve Meeting This Week
Watch for the gold spot price - the price of gold for immediate delivery - to make dramatic moves as the Federal Open Market Committee (FOMC) meets this week.
It has already had a volatile morning ahead of the meeting's Tuesday kickoff.Here’s what the current gold prices did this morning, and the two big policies to watch coming out of the Fed meeting that will move the yellow metal this week….
Why Gold Mining Stocks Are Soaring in 2014
Gold prices have notched a 7% rise year to date as of late July, but the yellow metal has had its fair share of ups and downs in 2014.
Gold mining stocks, on the other hand, have risen higher, and posted some eye-popping returns for investors.Money Morning Global Resource Specialist Peter Krauth explains what's going on...
Current Gold Prices Move Lower Tuesday as They Follow This Familiar Pattern
Current gold prices shifted lower on Tuesday morning due to profit taking.Here’s the current gold price, what’s moving the yellow metal in a similar pattern to what we saw last week, plus our latest gold price chart...
The Dow Jones Industrial Average Plummets 161 Points After Malaysian Plane Crash
The Dow Jones Industrial Average was hammered on Thursday and the S&P Volatility Index soared after a Malaysian Airlines plane crashed in a Ukrainian war zone on suspicions it was struck by a missile. In addition, multiple big name brands slumped heavily after failing to meet second-quarter earnings expectations.
Commodity prices in gold, oil, and agriculture saw strong gains as investors fled to hard assets.Here is where U.S. markets closed on Thursday, plus the top stories that affected the stock market today...
What the Gold Price Did Today
Gold for August delivery, the most actively traded contract, rose $4.50, or 0.3%, to $1,310.60 an ounce in morning trading. Spot gold gained $2.70 to $1,310.Find out what moved the gold price today - and this week - here...
Gold Market Shift: Third-Biggest Gold-Producing Country Shocks with New Data
The landscape of the gold market has been changing dramatically in the last decade in terms of the dominant gold-producing nations. For example, for nearly a century, South Africa held the top spot for gold production. But in 2008, China took over, and since then, South Africa has sunk down to the fifth spot.This week marked another surprise for the top five…
Why Gold Prices Are Up Today
Gold prices spiked today (Thursday), hitting a near four-month high in early trading. In the morning session, August Comex gold soared $20.20 to $1,355.50 an ounce, its highest level since March 19. Spot gold jumped $17.10 at $1,344.25.There are a few factors contributing to why gold prices are up today...
New Gold Price Chart: Fed Minutes and Middle East Solidify Gold Above $1,320
Gold prices today (Wednesday) finished back over $1,320 an ounce after the release of the latest U.S. Federal Reserve minutes, and amidst turmoil in the Middle East.Take a look at our new gold price chart that reflects the current June-July rally, and get the latest on gold futures, spot gold price per ounce, and news driving up the price of gold...
The Price of Gold Today and Where It's Headed
The price of gold fell Thursday after stronger-than-expected jobs data showed that U.S. economy added another 288,000 jobs in June. Also weighing on the precious metal was a drop in the official unemployment rate to 6.1% - its lowest level since September 2008 - and the Dow Jones breaking through 17,000 points to set a new high.Here are current gold prices, and where the yellow metal is headed in the latter half of 2014…
Current Gold Price at a Three-Month High – Hits Second Quarterly Gain
The current gold price as of July 1 represents a three-month high amid a weaker dollar and ongoing geopolitical tensions.Here’s everything you need to know on if this rise can continue, and how to profit from gold in 2014...