Gold prices were slightly lower today (Thursday) as markets calmed, but we still see gold prices soaring in 2016. In fact, investing in gold is one of the smartest decisions investors can make during this extreme market volatility.
gold prices 2016
- The Best Gold ETF to Buy in 2016 When Prices Rebound
- Why Today's Gold Price Is a Great Buying Opportunity
- Rise in Gold Prices Today Can't Prevent Third Straight Yearly Loss
- Gold Price Today Slips and Nears 10% Fall for 2015
- Gold Price Updates Show Resilience into 2016
- Gold Price Today and Where It's Headed
- Where the Gold Price Is Headed Next
- Why Today's Gold Price Is So Low Right Now
- Gold Price Today Climbing Following Paris Attacks
- Gold Price Today Touches Key Level – Here's What's Next into 2016
- Gold Price Forecast Today Based on These Technical Indicators
- Gold Prices Today Moving After Hawkish FOMC Statements
Buying into a gold ETF is one of our top recommendations for 2016, as Money Morning experts remain extremely bullish on gold prices.
Today's gold price hit a seven-week high as fresh geopolitical concerns sparked further safe-haven buying in the precious metal.
In early morning trading, today's gold price was up $14.20, or 1.32%, at $1,092.70 an ounce. Traders are closely watching to see if the precious metal can top $1,100, a level last seen on Nov. 4.
Gold prices today (Thursday) were mostly flat, meaning gold prices are now on pace to log their third consecutive annual loss.
In early morning trading of the last session of 2015, spot gold prices today were trading higher by $1.10, or 0.1%, to $1,062.10 an ounce. That followed an $8.20, or 0.8%, decline to $1,060.10 an ounce Wednesday.
The gold price today has slipped about $9.60 to $1,066.30 an ounce. Gold is headed to end 2015 down about 10%.
This gold price update shows how the U.S. Federal Reserve rate hike really affected gold, plus what's next for gold before 2016.
The gold price today is up $2.80 to $1,062.90 ahead of the U.S. Federal Reserve meeting likely to cause a bump in markets.
The past week has to be one of the most volatile yet surprising, both up and down, in a while for gold - so where is the gold price headed next?
As it turns out, Black Friday's best sales were neither in electronics, clothing, or gadgets. Instead, they came from today's gold price.
That's because on the biggest shopping day of the year, gold prices hit a new six-year low.
Closing at $1,055.90 per ounce on Friday, Nov. 27, on the New York Mercantile Exchange, gold's popularity seemed to also hit a new low since the February 2010 price of $1,045 per ounce.
The gold price today rose more than 1.4% in early trading to a 10-day high of $1,097.90.
Investors piled into the safe-haven asset Monday following the weekend attacks in Paris that killed at least 129 people.
The Fed has been moving the gold price today with speeches and speculation on an interest rate hike.
That and this gold industry report are giving us clues as to where gold prices are heading...
Our new gold price forecast today uses technical analysis to shed light on where gold's short- and mid-term price path is going.
Gold has had a bit of roller coaster action over the past few months. In October, the gold price did an almost complete round trip: It started the month around $1,107, blasted up to $1,185 by mid-month, and finally gave it all back by month's end.
Gold prices today (Friday) were down a modest $1.70 at $1,145 in early trading as precious metal traders continue to tread cautiously after a hawkish FOMC statement pressured the yellow metal.
The Fed has made it clear a December interest rate hike is still quite possible.