Gold Prices

Why Gold Prices Fell 3.3% in July After an Early Climb

gold prices

Gold prices are up for the year, but fell 3.3% in July.

Gold started the month off strong as geopolitical conflict rocked parts of Europe.

Here are the two market forces that derailed gold’s climb…

Strangest Gold Market News of 2014: Top Refinery Loses 2.7 Tons of Gold

gold puzzle pieces

Gold market news, July 30, 2014: On July 25, South Africa's Rand Refinery - the biggest processing facility for gold in Africa and one of the biggest worldwide - announced it will receive a shareholder loan to make up for "lost" 87,000 ounces (2.7 tons) of physical gold in its inventory. The press release describes what amounts to a $112 million loss at current gold prices, making this one of the strangest stories to hit the gold market in 2014.

This is incredibly embarrassing...

The "Secret" Agreement That's About to Manipulate Gold Prices

Gold price gold bars reserve

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

gold spot price

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 mine miner nugget

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

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

Dow Jones Industrial Average

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...

Price of Gold Today Surges on Malaysian Flight Crash News

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The price of gold today skyrocketed when news of more geopolitical tension hit headlines. The safe-haven investment tends to enjoy gains when fear is in the air.

Here's the latest on this geopolitical turmoil, and where it sent today's gold prices...

Commodities Prices 2014: The Halftime Report

commodities prices

After a disappointing 2013, commodities prices came roaring back, with returns for the first half of 2014 outperforming the S&P 500 by more than 4% and 10-year Treasury bonds by more than 6%.

With money flowing back into commodities, the market is finally trying to reverse the downtrend that we've been up against since 2011.

Now let’s take a look at how individual commodities – including gold, oil, and more – have fared during the first half of 2014...

What the Gold Price Did Today

gold price

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...

What's Behind Gold Prices' Biggest Daily Drop of 2014

Gold Prices' Biggest Daily Drop of 2014

Gold prices today (Monday) fell sharply by 2.3% for the biggest one-day drop of 2014.

U.S. gold futures for August delivery were down $30.70 at $1,306.70 an ounce - their biggest one-day drop since December. Spot gold fell $33.50 at $1,305.50 an ounce. The sell-off happened quickly following the Comex futures market open in early U.S. trading according to Kitco, suggesting a big sell order hit the futures market at that time.

Read the article to view our new gold price chart that reflects the sell-off, and watch our Chief Investment Strategist Keith Fitz-Gerald breakdown what was behind today's drop...

Gold Market Shift: Third-Biggest Gold-Producing Country Shocks with New Data

why gold prices are up today

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

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 price chart

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

price of gold

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…

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