Gold Prices Set To Smash Record As Wall Street Shuns The Dollar

The recent Covid-19 pandemic has pushed the price of gold to a hair’s whisker of its record high reached almost a decade ago. Investors should expect the rally to continue beyond that level, at least in the medium term, experts say. “We continue to be bullish on gold,...

Fed Move Awakens Gold, Just as Supply of the Metal Hits a Snag

Gold’s one-day dollar surge is one for the record books. But as bullion deliveries hit a snag and mining operations slow, the precious metal may soon see prices rally to new heights. On Monday, the most-active April gold futures contract rallied by $83, or 5.6%, to...

Gold Surges Over 4% After Fed Unveils New Stimulus Plans

Gold prices soared more than 4% on Monday, shrugging off early losses after the U.S. Federal Reserve took aggressive new steps to combat the economic impact of the coronavirus outbreak, boosting investor sentiment. The U.S. central bank said it would begin...

Gold Still Enjoys A Relative Strength Advantage

Gold wasn’t completely immune to the recent financial market sell-off, yet its relative performance versus other major assets remains impressive. What’s more, there are enough signs that safe-haven demand for the metal is strong enough to warrant significantly higher...

When The U.S. Stock Market Crashes, Buy Gold

While we wait for news on the 25% tariffs on $200bln or 40% of Chinese exports to the U.S.—and with the threat of the same on the remaining ~$300bln to follow—I want to outline the endgame for the dollar and the likely beginning of the explosive rally for Gold. Simply...