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Sunday, January 21st, 2018 - Buy Gold - Bringing you trusted gold news and gold investing information since 2006

Archive for the 'Gold Trading' Category



The Comex Gold Rally: Fueled By Catastrophic Jobs Report

Increased speculation that the Fed may resort again to quantitative easing to boost employment , as a result of a saddening US jobs report, is the main reason why Gold on the Comex division of the New York Mercantile Exchange gained 0.8 percent on Friday. Gold futures for August delivery were recently up $11.60 at $1,542.20 … http://buy-gold.net/the-comex-gold-rally-fueled-by-catastrophic-jobs-report.html

Inflation and Debt Concerns Push Gold higher

A rate hike from China which put inflation concerns back in the spotlight, and  worries over euro zone and US debt lifted the shiny metal’s haven appeal. Spot gold was bid at $1 526,81 an ounce at 1343 GMT, against $1 515,70 late in New York on Tuesday, having fallen as high as $1 509,49. … http://buy-gold.net/inflation-and-debt-concerns-push-gold-higher.html

Gold Holds Steady, While Greece May Give Up On Cuts

Thursday morning trading in London saw gold rising to $1512 an ounce, bringing it to a weekly gain of 0.7 percent in the week so far, however by lunch time it fell back again, as did commodities and stocks held flat as the second austerity vote by Greece was due to take place on midday … http://buy-gold.net/gold-holds-steady-while-greece-may-give-up-on-cuts.html

Gold Up – Asian Buying On Hopes Of Greece Vote

Gold investors are optimistic that Wednesday’s vote will see Greece’s parliament approve an austerity plan that is thought to support sentiment in bullion and other commodities. As a result, gold increased on Wednesday, supported also by light physical buying in Asia – although some analysts said the volume was too limited to push gold out … http://buy-gold.net/gold-up-asian-buying-on-hopes-of-greece-vote.html

Bears raise Their Heads – Gold Continues to Run

Despite of the mixed signals being communicated to the gold market, gold was fixed at a new high of $1,522.00 at the end of Wednesday trading in London. Gold struggled to move much above $1,500 after Wednesday’s high, but some experts, including Martin Murenbeeld, chief economist at Dundee Wealth Economics, believe that gold’s bearish factors … http://buy-gold.net/bears-raise-their-heads-gold-continues-to-run.html

Taking Issue With Gold Bugs

I must confess I am a gold bug both philosophically and in terms of investing. We are entering a golden age for Gold as the bull market is destined to reach amazing heights and real and honest money reemerges as legal tender against fiat currencies that will soon be at the mercy of a sovereign … http://buy-gold.net/taking-issue-with-gold-bugs.html

Faber says “Don’t trust central banks”

“I keep on accumulating gold,” says renowned investor Marc Faber, publisher of the Gloom, Boom & Doom report. Gold almost returned to where it started off this week, with the US dollar gold price falling 1.3 percent on Thursday compared to the previous session, hitting $1538 per ounce. Silver prices also fell back below the … http://buy-gold.net/faber-says-dont-trust-central-banks.html

Gold Steadying, In Its Worst Week Since May

While gold fell as much as 2 percent in Thursday trading, Friday saw the precious metal steadying thanks to a softer dollar and a strengthening of the euro following the announcement that Greece had won approval for its five-year austerity plan. Nevertheless, following a commodity-wide rout, bullion is now headed for its worst week since … http://buy-gold.net/gold-steadying-in-its-worst-week-since-may.html

Gold And Silver to Benefit From Continued Currency Frictions

Greek Prime minister won the vote of confidence on midnight Tuesday, at a time when other markets were closed, while most analysts are predicting an inevitable default by Greece at some point. Yesterday saw Greek Prime Minister Papandreou winning the vote of confidence from his parliament. Analysts are now awaiting the outcome of next week’s … http://buy-gold.net/gold-and-silver-to-benefit-from-continued-currency-frictions.html

Gold Advances As US Woes Exceed Europe’s

Gold continued to advance in Tuesday morning trading, rising to $1545 per ounce. The increase came ahead of the Greek confidence vote and among rumours that the US economy is even worse off than the European. On Tuesday, gold exceeded last month’s all time high by some 2 percent. Commodities strategist at the Standard Bank … http://buy-gold.net/gold-advances-as-us-woes-exceed-europes.html




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