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Gold

Gold

Here's What to Expect from the Price of Gold as the FOMC Meeting Looms

By , Money Morning - • Print | Email

Although the price of gold struggled through another difficult week, its action suggests some resilience.

I believe the market is looking ahead to the September FOMC Meeting, along with the effects of ongoing emerging markets currencies continuing to weaken substantially, which are supporting the U.S. dollar.

Of course that makes for gold price headwinds.

But gold's price action suggests it may have put in a bullish higher low.

What's more, speculators have recently pushed their short positions to outsized record levels.

That's a strong contrarian indicator, possibly providing more support for gold's price stabilizing before it rallies higher.

Gold

[CHART] Gold Stocks Soared 136% the Last Time This Happened

By , Associate Editor, Money Morning - • Print | Email

If you want to make serious money – we're talking retire early money – in today's markets, you need to do more than simply match the indexes.

But one way you can get ahead is digging deeper and finding the sort of data, patterns, and forecasts the average investor simply overlooks.

That's why we're showing Money Morning readers how a disruption to one pattern could send gold stocks soaring.

Gold

Gold Prices Are Rallying Again - Here's How High They'll Go

By , Money Morning - • Print | Email

Gold prices are finally sending us some good signs, and I think the gold rally we're witnessing could turn up the gas even sooner. After hitting a low near $1,170 in mid-August, gold prices bounced back up, touching as high as $1,202 intraday as the U.S. dollar retreated after U.S. President Donald Trump criticized the […]

And that prospect is driving my latest gold price prediction to be a very bullish one...

Gold

Why the Gold Price Correction Is Setting the Stage for the Next Rally

By , Money Morning - • Print | Email

The gold price correction we're witnessing has investors wondering if the precious metal is still relevant in today's world.

It's little wonder, with the metal recently marking its largest weekly drop in over a year, and closing at its lowest price in over a year and a half.

But the gold sell-off has potentially washed away nearly all the weak hands, setting the stage for a healthy relief rally...

Silver

Here's What's Next for the Price of Silver in 2018

By , Money Morning - • Print | Email

The price of silver didn't move much early last week, but the events in Turkey have since pushed the metal even lower.

Serious pressure on the Turkish lira, which bled into emerging markets, acted like steroids on the dollar.

Initially, silver prices sold off but quickly reversed as silver benefited from safe-haven buying, as did the dollar.

Here's a look at how silver prices are trending now and whether we've finally reached a bottom for the precious metal...

stocks

Gold Prices Are About to Stage a Historic Rally

By , Money Morning - • Print | Email

After hitting a high in April of $1,360, gold prices have fallen over 11%, breaking into correction territory and shattering December's low of $1,248.

However, the precious metal is about to stage a dramatic turnaround – and make a killing for gold investors in the process. You see, after months of falling due to pressure from the U.S. dollar, there are clear indicators that the dollar is about to ease off, creating a tremendous upside for gold.

Here's a close look at the factors driving gold's bottom and why it's heading higher next...