Gold and silver continue to trade higher this week, receiving another boost on new geopolitical concerns and expected Fed rate cuts next week.
Well, Fed Chairman Jerome Powell has given an "all-clear signal" for gold and silver to move higher with his remarks at Jackson Hole on Friday.
Well, this week the U.S. national debt officially topped $37 trillion for the first time ever. You may recall the federal government ran up against the debt ceiling on January 1. As a result, the federal government couldn’t borrow any...
Well, Citibank just did a complete 180 on gold... and now forecasts new record highs before the end of the year. Just six weeks after lowering its forecast and warning that gold could drop below $3,000 before the end of the year, Citibank...
As widely expected, the Federal Reserve maintained its wait-and-see position, taking no interest rate action during the recent July FOMC meeting.
Some big price moves unfolded this week in the silver market... and the poor man's gold is looking super strong right now after breaking above the key $37 level.
Well, during this holiday shortened week the metals are having decent success. Gold is up about $60 or 1.7% to come in at $3,342 an ounce. Turning to silver, the white metal is performing slightly better, up nearly 90 cents or 2.4% to...
Calls to bring Germany’s gold home are growing, and now voices in Italy are urging that country’s government to do the same.Germany owns the second-largest gold reserves in the world at 3,352 tonnes. Italy ranks number three with 2,452...
Well, we're getting more fireworks in the gold and silver markets this month, with the biggest news being Israel's pre-emptive strike on Iran. Gold has risen nearly $100 over the past day and a half thanks to its safe-haven appeal.
Well, Bank of America seems to have turned into a bit of a precious metals bull, announcing in recent days it has raised its one-year gold price target to $4,000 and silver to $40. Last October, the big bank had only projected $3,000 for...