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Gold Prices Close to 3-Week High amid Sliding Asian Stock Markets

By   /  August 21, 2015  /  Gold Price, Pawn News  /  No Comments

goldpricesrise

Original article from bullionvault.com GOLD PRICES touched a high of $1124 per ounce on Wednesday morning in London, following global equities weakening on concerns over the Chinese currency and stocks. Silver fell through the psychologically important level of $15.00 per ounce and briefly touched $14.74. Due to the widening gap, the gold/silver ratio climbed to a four-week high [...]

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Why Now Is A Great Time To Buy Gold

By   /  August 17, 2015  /  Gold Price, Pawn News  /  No Comments

Original article found on forbes.com by Henry To After being bearish on gold prices during 2013 and 2014, I became mildly bullish on the precious metal in February of this year. With gold at $1,200 an ounce, I wrote an article discussing three reasons why I believed gold prices would bottom in 2015, and thus why I believe [...]

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Gold Prices Rise To Three-Week High

By   /  August 11, 2015  /  Gold Price, Pawn News  /  No Comments

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Original article found on wsj.com Gold prices rose to a three-week high and other precious metals rallied Monday, after a Federal Reserve member’s comments threw into question the timing of the central bank’s expected rate increases. Gold for December delivery, the most actively traded contract, closed up 0.9% at $1,104.10 a troy ounce on the [...]

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Gold On Sale: Investors Buy on Today’s Low Gold Prices

By   /  August 4, 2015  /  Gold Price, Pawn News  /  No Comments

goldonsale

Original article from moneymorning.com The leveraged gold futures derivatives market is knocking down the precious metal, yet in massive contrast, this drop has ignited a shopping frenzy, according to gold coin dealers. I spoke with several friends and industry experts last week who confirmed the record sales numbers for the month. In fact, American Gold [...]

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Prepare for gold prices to plunge as low as $350

By   /  July 31, 2015  /  Gold Price  /  No Comments

golddrop

Original article on cnn.com A prominent gold forecaster predicts the yellow metal will drop to a mere $350 an ounce, a level unseen since 2003. It’s dramatically lower than what most experts are currently calling for. But Claude Erb’s prediction might have merit. Back in 2012, Erb, a former commodities trader at TCW Group, co-authored [...]

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Gold Price Falls To Within Site Of 5 Year Low

By   /  July 16, 2015  /  Gold Price, Pawn News  /  No Comments

gold5yearlow

Original article from mining.com On Wednesday, gold dropped to the lowest level since November last year after the US Federal Reserve said the world’s largest economy favours a rate rise this year. Futures contracts in New York with August delivery dates were priced as low as $1,141.90 an ounce down more than $10 from yesterday’s [...]

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Gold Price Hits 3rd Lowest Weekly Close Since 2010 as Greek Deal Looms, China Stocks Rally Again

By   /  July 10, 2015  /  Gold Price, Pawn News, Uncategorized  /  No Comments

preciousGold

Original article found on bullionvault.com   GOLD PRICES fell in London on Friday, nearing a 0.7% loss for the week in Dollars and falling harder against the Euro as China’s stock market extended its bounce from July’s earlier plunge, and European shares rose on optimism a Greek bail-out deal  can be struck at the weekend’s key [...]

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Greece Drama Fails To Spur Gold And Silver Prices

By   /  July 6, 2015  /  Gold Price, Pawn News  /  No Comments

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Original article from wsj.com LONDON–Gold and silver prices were steady on Monday, as investors appeared to be more concerned about a possible interest rate hike in the U.S. than any of the fallout from the Greek ‘No’ vote. “In our view, the dominant issue for the gold price this year has been the prospect of [...]

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Gold price ticks up from 2-week low as market eyes Greece

By   /  June 25, 2015  /  Gold Price  /  No Comments

gold62515

Original article from zeenews.india.com Gold edged up on Thursday, after sliding for the past four sessions to a two-week low, with investors awaiting news on Greece`s talks with its international lenders to avert a default for further trading cues. Asian shares edged down and the dollar was treading water ahead of a meeting of European [...]

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$1180 Gold Price Stuck at 2013 Crash Low as US Rate Rise Negates Greek Crisis, Poll Shows German Stance Hardening

By   /  June 14, 2015  /  Gold Price  /  No Comments

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Original article found on bullionvault.com GOLD PRICES held tight in London on Friday around $1180 per ounce – the crash low reached in mid-2013 – as Western equities fell and major government bond yields rose again following yesterday’s walk-out of Greek debt talks by the IMF lender. The Dollar slipped versus the Euro, capping gold prices [...]

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