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Gold Price per Ounce Climbs Today After Brussels Attack

By , Contributing Writer, Money Morning -

Gold price per ounce

The gold price per ounce is climbing this morning (Tuesday) as investors respond to news of a deadly terrorist attack in Brussels, Belgium.

Gold prices were trading up $9.40, or 0.76%, at $1,253.50 an ounce in midmorning trading amid a flight to safety.

Today's events have caused a temporary spike in the gold price per ounce, but we see other factors pushing gold higher in the long term. Before we get to those, here's how spot gold is trending today...

Gold Price Today Jumps to 18% Gain for 2016 – Here's What's Next

By , Resource Specialist, Money Morning -

gold price today

The word for stocks this year is volatile - while gold, on the other hand, has been resilient.

The gold price today is up $11.50 to $1,275.30. That's a year-to-date gain of about 18%.

Not only has the gold price managed to remain above the $1,200 level, but it has been decidedly strong, not even testing below that level for the past couple of weeks.

Here's why this trend will continue for gold prices in 2016.

Here's Your Latest Gold Spot Price Moves and Forecast

By , Resource Specialist, Money Morning -

As the U.S. markets have moved sideways in the past week, gold has been in consolidation mode. Today the gold spot price is around $1,223.20 - down $9.50.

Gold traders have done some profit-taking as the gold price has bounced in a range between roughly $1,205 and $1,235 over the past trading week. But the gold spot price has stayed above the $1,200 level, which has helped to paint an increasingly bullish picture.

Technically, we're getting an emerging pennant pattern that will have to resolve itself before long. Will that be to the upside or downside?

Let's look at what will determine that direction...

Why the Price of Gold Is Climbing Today and Where It's Heading in 2016

By , Contributing Writer, Money Morning -

Price of Gold

The price of gold climbed today (Thursday) as a sharp sell-off in China's stock market sent investors to the safe-haven asset.

Just after noon today, spot gold prices were trading up $10.90, or 0.89%, at $1,240.40 an ounce.

The price of gold ended yesterday's session up $16.40, or 1.34%, at $1,238.70 an ounce. Coupled with today's gains, the precious metal is now up 17.5% so far this year.

These Two Market Crash Signals Are Lighting Up

By , Global Credit Strategist, Money Morning • @MichaelELewitt -

yahoo earnings

After last week’s strong finish, it’s no shock that Wall Street’s starting to make encouraging noises about “recovery.” But when did those folks ever tell you the truth?

There are two signals that never lie. They always light up before the market crashes.

And right now, those two signals are flashing red. Here’s what they are, plus what they mean for you.

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