Tag Archive: gold price
Some analysts and investors are claiming that the price of gold may have peaked slightly over $1,500. Some are walking their talks too, and are starting to liquidate their investments in gold, particularly over the last couple of weeks. Most notably we have George Soros, a long standing “gold guru,” who sold almost one billion [...]
The price of gold might be ready to start increasing again, say many investors around the world. Matt Whittaker, from the Dow Jones Newswires, wrote the following, as published by the Wall Street Journal about two hours ago: “Sentiment was helped as the world’s largest bullion-backed exchange-traded fund, SPDR Gold Shares (GLD), recorded an inflow [...]
Gold, every time we say the word images of opulence, shiny wealth, and being rich flood our minds. For investors is the new stock market. It is as if a new Gold Rush era is here. Many financial advisors have been talking about starting to invest in gold before its prices soared. Many took advantage [...]
Like many things in the financial world, the price of gold is complicated and it’s driven by multiple factors. Many folks want to simplify gold and they will say that the price has everything to do with the value of the US dollar. This outlook is a bit short-sighted, though. The price of gold is [...]