Gold / Finance

We do reasonable so why are Dutch voters abandoning the centre ground?

Mar 13 10:05am
The Guardian/Jon Henley/03-13-17 As many as 40\% of voters are still undecided; as many as 15\% will not make up their mind until voting day. But even if the PVV does finish top, Wilders is unlikely to enter government: no … Continue reading →...
Read More

Gold tilts higher as geopolitcal uncertainty comes into focus

Mar 13 9:19am
MarketWatch/Rachel Koning Beals/03-13-17 Gold futures on Monday tried for their first advance in nine straight sessions of losses, underpinned by uncertainty surrounding elections in the Netherlands, after strong expectations for a Federal Reserve interest-rate hike on Wednesday clobbered precious metals. … Continue reading →...
Read More

Morning Snapshot: Gold consolidates above $1200

Mar 13 9:10am
USAGOLD/Peter A. Grant/03-13-17 Gold starts the week on a consolidative footing, just above $1200. Focus is on Wednesday’s Fed policy decision, where a 25 bps rate hike is widely expected. However, there are a great deal of data out this … Continue reading →...
Read More

Time to Get Back into Gold Stocks

Mar 13 4:00am The Gold Report - Streetwise Exclusive Articles
Money manager Adrian Day updates developments and guidance from three major gold companies.
Read More

Gold Price Down 2% and Silver Price Down 4.6% this Week

Mar 10 11:10pm Silver and Gold Prices
Here's the weekly scorecard:3-Mar-1710-Mar-17Change\% ChangeSilver, cents/oz.1,769.701,688.30-81.40-4.6Gold, dollars/oz.1,225.501,200.70-24.80-2.0Gold/silver ratio69.24971.1191.8702.7Silver/gold ratio0.01440.0141-0.0004-2.6Dow in Gold Dollars (DIG$)353.95359.885.921.7Dow in gold ounces17.1217.410.291.7Dow in Silver ounces1,185.721,238.1152.394.4Dow Industrials20,983.6620,902.98-80.68-0.4S&P5002,378.802,372.60-6.20-0.3US dollar index101.55101.06-0.49-0.5Platinum992.00936.90-55.10-5.6Palladium767.85746.00-21.85-2.810-Mar-17PriceChange\% ChangeGold Price, $/oz1,200.70-1.70-0.1Silver Price, $/oz16.88-0.11-0.6Gold/Silver Ratio71.119-0.096-0.1Silver/Gold Ratio0.0141-0.0001-0.6Platinum Price936.90-1.00-0.1Palladium Price746.00-2.90-0.4S&P 5002,372.607.730.3Dow20,902.9844.790.2Dow in GOLD $s359.881.320.4Dow in GOLD oz17.410.060.4Dow in SILVER oz1,238.1110.650.9US Dollar Index101.06-0.60-0.
Read More

SEC rejects bitcoin ETF in blow to digital currency

Mar 10 6:15pm
FT/Adam Samson/03-10-17 US securities regulators late on Friday rejected an application that would have let the Winklevoss twins list an exchange-traded fund that tracks bitcoin, marking a blow to the digital currency. Bitcoin tumbled by 12.3 per cent to $1,069 … Continue reading →...
Read More

Week in Review (Video) March 11, 2017

Mar 10 5:19pm
Headlines we just have to talk about: Gold Executives Say Good Assets Are ‘Hard to Come By’ – Bloomberg...
Read More

Ira Epstein's Metals Video 3 10 2017

Mar 10 4:13pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 3 10 2017 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
Read More

Mnuchin Said to Focus on Currencies as G-20 Girds for Trump Era

Mar 10 1:53pm
Bloomberg/Saleha Mohsin & Alessandro Speciale /03-10-17 U.S. Treasury Secretary Steven Mnuchin plans to use his debut at a Group of 20 meeting in Germany next week to drive home the message that the U.S. won’t tolerate countries that engage in … Continue reading →...
Read More

The Daily Market Report: Gold Steadies Post-NFP

Mar 10 1:29pm
USAGOLD/Peter A. Grant/03-10-17 Gold caught a bit of a bid following this mornings better than expected jobs report, but subsequently lost momentum. The yellow metal is now consolidating just above $1200. Nonfarm payrolls rose 235k in February, above expectations of … Continue reading →...
Read More

Russias January Gold Purchase Suggests Some Deeper Global Problems

Mar 10 12:14pm
SeekingAlpha/Hebba Investments/03-10-17 The Russian central bank recently released its gold reserve data for January and investors should take note as it was an abrupt reversal of the central bank’s December gold reserve move. In January, the Russian central bank decided … Continue reading →...
Read More

Strong demand surge at the gold ETFs start of year

Mar 10 12:03pm
World Gold Council/3-10-2016 “At the end of February, total holdings in gold-backed ETFs and similar products stood at 2,246.1t (72.2 moz), up 90.6t from January. These holdings were valued at US$90.7bn, 8\% higher than a month earlier.” MK note:  We’ve … Continue reading →...
Read More

Why I own gold now, by investor of $2.8 billion

Mar 10 11:40am
What investment/David Thorpe/3-10-2017 “Cutler has around 5 per cent of the fund deployed in gold. He told What Investment, ‘if you look at the different possible economic scenarios we are faced with now. The first is that we are all … Continue reading →...
Read More

China will not devalue yuan to stimulate exports PBOC deputy governor

Mar 10 10:05am
Reuters/Sue-Lin Wong/03-10-17 “China will definitely not devalue the yuan to stimulate exports, it will definitely not engage in a currency war. This is because China is a responsible major economy,” Yi Gang told China’s Economic Daily newspaper on Friday. …The … Continue reading →...
Read More

Weaker gold prices rekindle demand; India shifts to premium

Mar 10 9:31am
Reuters/Rajendra Jadhav & Arpan Varghese/03-10-17 Gold demand picked up slightly across Asia this week, fueled by a drop in international prices as the dollar gained on expectations of a near-certain increase in U.S. interest rates, traders and market participants said. … Continue reading →...
Read More

Gold pares losses after US payrolls reports 235,000 new jobs in Feb

Mar 10 9:26am
Reuters, via CNBC/03-10-17 Gold pared earlier losses on Friday after U.S. payrolls data reported that 235,000 jobs were created in February. A Reuters survey of economists predicted that non-farm payrolls would rise by 190,000 jobs last month. Growing expectations that … Continue reading →...
Read More

Morning Snapshot: Gold firms on NFP beat

Mar 10 9:15am
USAGOLD/Peter A. Grant/03-10-17 Gold has rebounded back above the $1200 level in reaction to this morning’s better than expected jobs report. Nonfarm payrolls rose 235k in February, above median expectations of +196k. The unemployment rate ticked lower to 4.7\%, in … Continue reading →...
Read More

Gold Price Closed at $1202.40 Down 0.5% - Silver Price Closed at 16.99 Down 1.53%

Mar 9 10:42pm Silver and Gold Prices
9-Mar-17PriceChange\% ChangeGold Price, $/oz1,202.40-6.10-0.50\%Silver Price, $/oz16.99-0.26-1.53\%Gold/Silver Ratio70.7590.7291.04\%Silver/Gold Ratio0.0141-0.0001-1.03\%Platinum Price935.90-12.30-1.30\%Palladium Price772.40-23.50-2.95\%S&P 5002,364.871.890.08\%Dow20,858.102.460.01\%Dow in GOLD $s358.591.850.52\%Dow in GOLD oz17.350.090.52\%Dow in SILVER oz1,227.4518.921.57\%US Dollar Index101.80-0.16-0.16\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,199.60GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,223.591,238.591,238.591/2 AE0.50617.28631.591,263.181/4 AE0.25314.63322.391,289.571/10 AE0.10125.85131.361,313.56Aust. 100 corona0.981,167.031,176.0...
Read More

Show Me The Money

Mar 9 4:45pm
Janus/Bill Gross/03-09-17 Central banks attempt to walk this fine line – generating mild credit growth that matches nominal GDP growth – and keeping the cost of the credit at a yield that is not too high, nor too low, but … Continue reading →...
Read More

Ira Epstein's Metals Video 3 9 2017

Mar 9 3:51pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 3 9 2017 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
Read More

Treasury Secretary Mnuchin warns Congress on debt ceiling

Mar 9 2:37pm
CNNMoney/Jeanne Sahadi/03-09-17 Treasury Secretary Steven Mnuchin sent a letter this week to Congress warning that the United States is about to reach its legal borrowing limit by next Thursday. That’s because the current debt ceiling suspension expires at the end … Continue reading →...
Read More

Gold to jump $200 by end of year, Bank of America says

Mar 9 2:01pm
9 Mar 2017 – CNBC Gold may be under pressure in the run-up to the next Federal Reserve rate hike, but prices are expected to rally by around $200 by the end of the year, according to the corporate and … Continue reading →...
Read More

The Daily Market Report: Gold Holding Above $1200

Mar 9 1:18pm
USAGOLD/Peter A. Grant/03-09-17 Gold is maintaining a corrective tone as the market remains focused on tomorrow’s jobs data and next week’s FOMC meeting. A 25 bps rate hike is widely expected at the end of the two-day FOMC meeting on … Continue reading →...
Read More

ECB holds rates at record lows as inflation rises

Mar 9 10:06am
FT/Claire Jones/03-09-17 The European Central Bank has kept interest rates on hold at record lows, despite internal pressure from hawks for Mario Draghi to start reining in the currency bloc’s monetary stimulus. …Despite the concern of governing council members who … Continue reading →...
Read More

Morning Snapshot: Gold remains under pressure ahead of jobs data and FOMC

Mar 9 10:01am
USAGOLD/Peter A. Grant/03-09-17 Gold is confined to a narrow range, but still defensive ahead of tomorrow’s jobs report and the FOMC meeting next week. The yellow metal has been under pressure over the last two-weeks as as March rate hike … Continue reading →...
Read More

Darnley Bay Resources: Bringing an Old Zinc District Back to Life

Mar 9 3:00am The Gold Report - Streetwise Exclusive Articles
Several zinc mines have shut down in the past few years due to depletion, and the warehouse inventory levels of the base metal have been steadily declining. The market is finally waking up and starting to look at zinc companies again. Thibaut Lepouttre of Caesars Report profiles Darnley Bay Resources, one of the companies hoping to fill the supply gap.
Read More

Ira Epstein's Metals Video 3 8 2017

Mar 8 3:05pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 3 8 2017 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
Read More

The Daily Market Report: Gold Defensive Awaiting Feb Jobs Data, FOMC Decision

Mar 8 2:03pm
USAGOLD/Peter A. Grant/03-08-17 Gold continued its retreat on Wednesday as better than expected jobs data further escalated rate hike prospects. The yellow metal slipped to a five-week low of 1205.80 before stabilizing. The ADP employment survey for February came in … Continue reading →...
Read More

Gold futures hit 1-month low after ADP report shatters estimates

Mar 8 1:12pm
Reuters, via CNBC/03-08-17 Gold futures hit a 1-month low on Wednesday after the ADP employment report shattered estimates. …Spot gold fell 0.58 percent to $1,208.56, after touching its lowest since Feb. 1 at $1,206.05, putting it on track for its … Continue reading →...
Read More

Why digital gold wont ever kill off the real thing

Mar 8 11:09am
The Conversation/Dirk Baur/3-7-2016 “Gold has often been referred to as a relic. But from a behavioural perspective, this may also mean it is ingrained in our subconsciousness and related actions. Put differently, as long as humans remain tangible, it is … Continue reading →...
Read More

Morning Snapshot: Gold slides further on ADP beat

Mar 8 9:22am
USAGOLD/Peter A. Grant/03-08-17 Gold slid further in overseas trading to five-week lows after the ADP employment survey came in much stronger than expected, perhaps creating some upside risk for Friday’s nonfarm payrolls report. Yields and the dollar are up on … Continue reading →...
Read More

No Surprise in Recent Moves in Gold and Silver Markets

Mar 8 3:00am The Gold Report - Streetwise Exclusive Articles
Precious metals expert Michael Ballanger reflects on the cause of this week's decline in precious metals markets, and contemplates the factors that will help him determine a bottom.
Read More

Gold Price Closed at $1215.10 Down $9.40 or -0.77%

Mar 7 7:08pm Silver and Gold Prices
7-Mar-17PriceChange\% ChangeGold Price, $/oz1,215.10-9.40-0.77\%Silver Price, $/oz17.49-0.23-1.31\%Gold/Silver Ratio69.4660.3830.55\%Silver/Gold Ratio0.0144-0.0001-0.55\%Platinum Price959.60-17.10-1.75\%Palladium Price776.752.750.36\%S&P 5002,365.61-6.92-0.29\%Dow20,924.76-29.58-0.14\%Dow in GOLD $s355.982.230.63\%Dow in GOLD oz17.220.110.63\%Dow in SILVER oz1,196.2514.061.19\%US Dollar Index101.780.140.14\%IMPORTANT NOTE: The following are wholesale, not retail, prices. To figure our retail selling price, multiply the ask price by 1.035. To figure our retail buying price, multiple the bid price by 0.97. Lower commissions apply to larger orders, higher commissions to very small orders.SPOT GOLD:1,214.90GOLDFine Tr.Oz.BIDASK$/ozAmerican Eagle1.001,244.061,254.381,254.381/2 AE0.50625.16639.641,279.291/4 AE0.25318.65326.501,306.021/10 AE0.10127.46133.031,330.32Aust. 100 corona0.981,181.911,190.9...
Read More

The Daily Market Report: Gold Defensive as Rate Hike Expectations Dominate, Despite Growth Risks

Mar 7 12:47pm
USAGOLD/Peter A. Grant/03-07-17 Gold slipped below Friday’s low at 1222.10, amid persistent expectations that the Fed will nudge rates higher at next week’s FOMC meeting. So far, secondary support at 1215.80 (15-Feb low) has contained the downside. If the Fed … Continue reading →...
Read More

Gold slips to 4-week low on Fed rate hike expectations

Mar 7 10:46am
Reuters/Jan Harvey/03-07-17 Gold hit a more than four-week low on Tuesday as the dollar strengthened and expectations for a U.S. interest rate hike this month weighed, though moves were muted ahead of key U.S. data this week. The precious metal … Continue reading →...
Read More

Trade Deficit in U.S. Widens to Largest in Almost Five Years

Mar 7 10:43am
Bloomberg/Sho Chandra/03-07-17 The U.S. chalked up its largest trade deficit since March 2012 as a jump in merchandise imports in January exceeded a smaller gain in shipments overseas. The gap in goods and services trade increased by 9.6 percent to … Continue reading →...
Read More

Morning Snapshot: Gold remains defensive, slipping along with stocks

Mar 7 9:49am
USAGOLD/Peter A. Grant/03-07-17 Gold remains defensive, edging to new three-week lows below 1222.10 amid rate hike expectations for next week and modestly higher dollar. However, with stocks under pressure and an several additional tiers of support below the market, the … Continue reading →...
Read More

Bitcoin plunges sharply and suddenly

Mar 7 9:15am
BusinessInsider/Jonathan Garber/03-07-17 Bitcoin plunged by more than $100 in a matter of minutes on Tuesday morning. The cryptocurrency was down about 1.5\% at $1,260 a coin just after 6 a.m. ET before tumbling below $1,160 within 30 minutes. As of … Continue reading →...
Read More

Investors Are Becoming Bullish on Commodities

Mar 7 3:00am The Gold Report - Streetwise Exclusive Articles
Investors are increasingly turning to commodities as prices rally.
Read More

The isolation of Angela Merkels Germany

Mar 6 1:55pm
FT/Gideon Rachman/03-06-17 Angela Merkel has described the idea that she is now the de facto leader of the western world as “grotesque” and “absurd”. The German chancellor’s angst is understandable. Modern Germany has no desire to lead the west and … Continue reading →...
Read More

Indias gold jewellery demand to rise 17% in calendar 2017

Mar 6 1:23pm
BusinessStandard/Dilip Kumar Jha/03-06-17 India’s gold jewellery demand is likely to increase by 17 per cent during the calendar year 2017, on reviving demand after a drop in post-demonetisation consumer offtake. Rating agency. India Rating, in its latest study forecasts India’s … Continue reading →...
Read More

The Daily Market Report: Gold Defensive as Rate Hike Expectations Overshadow Other Risks

Mar 6 1:04pm
USAGOLD/Peter A. Grant/03-06-17 Gold has turned defensive intraday as rate hike expectations seem to be overriding a host of varied risks. The yellow metal continues to trade above Friday’s low at 1222.10, which protects more important supports at 1215.80 and … Continue reading →...
Read More

Gold boosted by geopolitical ripples but interest-rate outlook limits gain

Mar 6 11:38am
MarketWatch/Rachel Koning Beals/03-06-17 Gold got an early-week bounce as geopolitics had the dollar sputtering Monday and left haven assets, including the precious metal, in higher demand. North Korean sabre-rattling, China’s trimmed GDP estimate, U.S. President Donald Trump accusing Obama of … Continue reading →...
Read More

North Korea Missile Test Stirs Fears of Capability to Reach the U.S.

Mar 6 11:28am
WSJ/Jonathan Cheng & Alastair Gale/03-06-17 North Korea’s firing of a burst of medium-range missiles suggests it is still pushing toward a promised launch this year of an intercontinental ballistic missile—one that could potentially hit the U.S. West Coast.
Read More

Deutsche Bank to ask market for $8.5 billion after big losses

Mar 6 10:10am
CNNMoney/Jethro Mullen/03-06-17 After two years of heavy losses, Deutsche Bank is asking investors for $8.5 billion to help improve its financial health. Germany’s biggest bank announced plans for the huge share sale on Sunday along with another overhaul of its … Continue reading →...
Read More

China targets 6.5% GDP growth in 2017

Mar 6 10:02am
MarketWatch/03-05-17 Chinese Premier Li Keqiang said Sunday that the government aims to deliver economic growth of around 6.5\% in 2017, compared with last year’s goal of 6.5\% to 7\%. …The premier set a target of about 12\% for the growth … Continue reading →...
Read More

Morning Snapshot: Gold easier on rate hike expectations, but a number of risks underpin

Mar 6 9:43am
USAGOLD/Peter A. Grant/03-06-17 Gold is easier to start the week. The yellow metal staged a nice rebound late in Friday’s session, rising more than $12 from the two-week and intraday low of 1222.10. Dips continue to be viewed as buying … Continue reading →...
Read More

Market Euphoria, China's Dumping of Treasuries Ignite Recession Concerns

Mar 6 3:00am The Gold Report - Streetwise Exclusive Articles
Citing the uncertainty caused by China dumping U.S. Treasuries, an impending debt ceiling crisis, the upcoming French elections, and more, Wealth Research Group editor Lior Gantz advises investors to make sure their portfolios are diversified.
Read More

The Barron is Back

Mar 6 3:00am The Gold Report - Streetwise Exclusive Articles
Bob Moriarty of 321 Gold chronicles the career of Dr. Keith Barron and his latest foray in Ecuador.
Read More

News & Views Forecasts, Commentary & Analysis on the Economy and Precious Metals

Mar 5 1:48pm
Will banks’ excess reserves fuel a new monetary crisis? Don’t look now but inflation and a new gold rush might be in our future Find out why this chart important to investors. This issue of News & Views is published … Continue reading →...
Read More

Alarming Data on Gold Prompts Special Report from Jack Chan

Mar 4 3:00am The Gold Report - Streetwise Exclusive Articles
Technical analyst Jack Chan finds the latest Commitment of Traders (COT) data alarming and explains what the COT charts predict for the gold and silver markets.
Read More

Gold Price Closed at $1125.50 Down $6.40 or -0.50%

Mar 3 8:19pm Silver and Gold Prices
Here's the weekly scorecard:24-Feb-173-Mar-17Change\% ChangeSilver, cents/oz.1,833.901,769.70-64.20-3.5Gold, dollars/oz.1,256.901,225.50-31.40-2.5Gold/silver ratio68.53769.2490.7121.0Silver/gold ratio0.01460.0144-0.0002-1.0Dow in Gold Dollars (DIG$)342.45353.9511.513.4Dow in gold ounces16.5717.120.563.4Dow in Silver ounces1,135.381,185.7250.344.4Dow Industrials20,821.7620,983.66161.900.8S&P5002,367.342,378.8011.460.5US dollar index100.09101.551.461.5Platinum1,026.50992.00-34.50-3.4Palladium771.65767.85-3.80-0.53-Mar-17PriceChange\% ChangeGold Price, $/oz1,225.50-6.40-0.5Silver Price, $/oz17.70-0.01-0.0Gold/Silver Ratio69.249-0.361-0.5Silver/Gold Ratio0.0144-0.0000-0.0Platinum Price992.604.200.4Palladium Price767.85-1.40-0.2S&P 5002,381.9214.040.6Dow20,983.66-19.31-0.1Dow in GOLD $s353.951.550.4Dow in GOLD oz17.120.080.4Dow in SILVER oz1,185.72-0.55-0.0US Dollar Index102.160.380.4IM...
Read More

Gold and silver are a gift right now, strategist says

Mar 3 7:03pm
CNBC/Michelle Fox/03-03-17 While the prospect of a Federal Reserve interest rate hike sent gold lower on Friday, strategist David Tice told CNBC he is a big believer in the precious metal. He also likes silver, and especially gold and silver … Continue reading →...
Read More

Ira Epstein's Metals Video 3 3 2017

Mar 3 4:33pm Ira Epstein's Gold Videos
Ira Epstein's Metals Video 3 3 2017 - Commodities, Ira Epstein, Linn Group, Futures Trading, Online Trading, Technical Analysis, Metals Report, Sales, Gold, Silver, Copper, Platinum: 866-973-2077.
Read More

Ive Never Seen Stars So Aligned For Gold Randgold CEO

Mar 3 12:21pm
KitcoNews/Daniela Cambone/03-03-17 Despite the potential for a ‘bumpy ride’ for gold over the short term, Randgold CEO Mark Bristow says the metal will turn the corner. ‘I don’t think, in my 20 years, I’ve ever seen the stars so aligned … Continue reading →...
Read More

Gold To Find New Higher Ranges In 2017 Pershing CEO

Mar 3 11:02am
KitcoNews/Daniela Cambone/03-03-17 Gold prices continue to trade within a range, however Pershing Gold CEO Stephen Alfers says these ranges are moving higher and higher. ‘What we have are that the drivers for gold are all good,’ he told Kitco News’ … Continue reading →...
Read More

Gold: Last Opportunity Before It Races Higher?

Mar 3 10:44am
SeekingAlpha/Nikhil Gupta/03-03-17 Gold will probably shed some more value in the coming sessions before it resumes its upmove. I see the precious metal taking support from $1190-$1200 before it finally pierces the downward-sloping resistance that has subdued the luster since … Continue reading →...
Read More

Gold heads for weekly drop on talk of March rate rise

Mar 3 8:59am
Reuters/Jan Harvey/03-03-17 Gold fell more than half a percent on Friday and was on track for its biggest weekly loss in nearly four months as speculation grew that the U.S. Federal Reserve would press ahead with a rate increase this … Continue reading →...
Read More

Morning Snapshot: Gold remains defensive on rate hike expectations

Mar 3 8:56am
USAGOLD/Peter A. Grant/03-03-17 Gold slipped further in overseas trading, weighed by heightened expectations that the Fed will move to raise rates as early as March. Those expectations have been driven by aggressively hawkish FedSpeak. More FedSpeak is on tap for … Continue reading →...
Read More

Oil Market Update: You Won't Get a Clearer Warning Than This One

Mar 3 3:00am The Gold Report - Streetwise Exclusive Articles
Technical analyst Clive Maund charts changes that portend a brutal decline in both the oil and precious metals markets.
Read More