Gold Prices Today Slip from Six-Month High on This U.S. Data
Gold prices today (Thursday) (NYSE: GLD) touched a six-month high at the start of London bullion trade, before retreating to close slightly over last session. This is the fourth-straight session gold prices have risen.
Gold for April delivery increased $1.90 to $1,372.40 per ounce on the Comex division of the New York Mercantile Exchange. Its intraday high reached $1,371.30 an ounce, while hitting a low of $1,345.60 an ounce.Here are the events shaping the yellow metal's price right now...
Gold Prices Hit Four-Month High This Week; More Gains to Come
Gold prices this week have continued 2014's climb, with a boost today from U.S. Federal Reserve Chair Janet Yellen.
In morning trading Thursday, April gold rose $7, or 0.6%, at $1,335. Spot gold was flat at $1,330.20.
Early this week, the yellow metal hit a four-month high of $1,339.09 an ounce.Here’s why there are more gold gains ahead in 2014...
Why Gold Prices Are Down Today
Gold prices are down $0.90 today (Friday) to a spot price of $1,322.10 an ounce and are down to finish the week after reaching $1,332.10 per ounce on Tuesday.
Meanwhile, the Dow Jones Industrial Average climbed nearly 41 points in early trading today.See why we're bullish on gold today...
Today's Stock Market News and Earnings Calendar
Today's stock market news, Feb. 18, 2014: The Dow Jones Industrial Average rose 126.80 points on Friday to finish at 16,154.39. While the S&P 500 and Nasdaq were flat. With several prominent firms reporting earnings this morning, pre-market trading and the futures are relatively quiet.So what’s next? Here's what's happening in today’s stock market.
Should I Invest In Gold Stocks Today?
One way to profit from gold's rise is by investing in physical gold. But another sometimes more lucrative way to profit from rising gold prices is to invest in gold stocks.
From gold miners to royalty companies and ETFs there are many different ways to invest in gold stocks.Find out which gold stocks could be the best investments this year...
Why Gold Is Up Today
Gold prices jumped $28 to a six-week high Thursday while the Dow fell more than 200 points in afternoon trading.
February gold ended the day up $25.80 to $1,264.50 an ounce. Spot gold finished up $28.10 at $1,265.50.
Precious metal traders cited short covering, bargain hunting, and technical buying behind gold's gains. Unquestionably propelling the yellow metal's ascent Thursday was the steep intraday 217.42 point, or 1.33%, Dow plunge.This news out of India is really what was driving gold prices...
1,600 Reasons to Buy Gold Now
Gold fell by 28% in 2013. That's a huge reversal of a decade-plus trend.
Between 2001 and 2012, gold managed positive gains every single year, a track record unmatched by any major asset.
The precious metal went from a low of $255 in April 2001 to a high of $1,900 in September 2011, for a peak return of 745%.
Since then, gold has given back 35% from its $1,900 high, leading many to call the end of the gold bull market.
But is it really finished?
By looking at history and numerous indicators, I've found a different story.One that will jumpstart your 2014 profits...
Gold Prices Today Flat After "Flash Crash"
Gold prices were little changed at $1,238.80 in early trading today (Tuesday) after falling $30 an ounce Monday in mere minutes.
Trading in February Comex gold futures was halted for 10 seconds Monday when a suspected "fat-fingered" (aka erroneous) trade sent the contract tumbling more than $30 an ounce in just minutes.Find out why here...
Newmont Mining (NYSE: NEM) Stock Will Shine Again
Owning some gold has long been a part of the Money Morning investing philosophy. After all, gold offers some insurance against the dollar-debasing policies of the U.S. Federal Reserve.
One of the easiest ways to acquire the yellow metal is to buy a gold mining stock such as Newmont Mining Corp. (NYSE: NEM).
At first glance, investing in any gold mining stock looks like a lousy idea. Over the past year, nearly all gold mining stocks have plummeted along with the gold prices - but much further.See how gold mining stocks will rebound here...
Why Gold Is Up Today and What's Ahead for 2014
Why gold is up today: Gold prices on Tuesday morning staged the biggest advance since mid-October. Gold prices ended Tuesday's session sharply higher, hitting a three-week high. February gold gained $28, or 1.5%, at $1,262.20 an ounce. Spot gold added $22.70 to reach $1,263.50 an ounce.To continue reading, please click here...
- Why the Fed's 100th Birthday Could Be Its Last On December 23rd, the Federal Reserve will turn 100 years old. We can look back on its few successes... but its many failures far outweigh any positives it may have achieved. What's at stake now is the Fed's future. And it looks bleak. In fact, the Fed won't even exist in 100 years...