gold prices

The global gold market is experiencing a seismic shift as it grapples with the sensitive $2,000 per ounce threshold. A recent report from the World Gold Council reveals a significant change in buyer behavior, primarily driven by central banks’ actions and jewelry demand. For a clearer view...

A fundamental gauge in the world of finance and economics has just provided a signal not to be underestimated. We are talking about the gold-to-copper ratio, which can offer valuable insights into the overall health of the global economy and financial markets. This ratio represents the strength of...

In the latest virtual conference presented by Benzinga, three outstanding experts and industry professionals gathered to explore the prospects of a new “Supercycle” for gold miners. Delving into crucial factors affecting the performance of gold mining stocks, they discussed Fed...

Canadian mining company Barrick Gold Corp (NYSE: ABX) has succeeded in restructuring, decentralizing and strengthening its balance sheet, but now faces five new challenges, according to RBC Capital Markets.  The Analyst RBC's Stephen Walker downgraded Barrick Gold from...

Gold surged in value throughout Friday's trading session while stocks were hard hit. Should this trend continue, it will serve as an ultimate test for stocks, according to Piper Jaffray. The Analyst Piper Jaffray chief market technician Craig Johnson and Susquehanna market strategist...

Is now a good time to buy gold if it's at the early stages of a sustainable long-term rally? The most commonly tracked exchange traded fund for gold, SPDR Gold Trust (ETF) (NYSE: GLD), is up more than 16 percent since the start of 2017 but still nearly flat from a year ago. On Tuesday, the...

A sudden surge of volume in gold on Friday was seen in the corresponding exchange traded index SPDR Gold Trust (ETF) (NYSE: GLD) and caught many investors by surprise, Bloomberg reported. Shortly after 9:30 a.m. Friday, approximately 2 million ounces of gold were traded, which carries a value of...

There are several ongoing stories across multiple investment classes, including stocks trading near their all-time highs, oil is trading above $50 per barrel, and the U.S. dollar continues to struggle. Meanwhile, gold is on pace for its best monthly performance since February, which may be...

Investors looking to add gold to their holdings have few options. They can buy physical gold bars and store it in their homes, but a more convenient option would be to buy an exchange traded fund that closely mirrors the day-to-day fluctuations of gold prices. State Street's gold managed ETF,...

The price of gold fell to a multiweek low on Monday after a trader made a grave mistake. Spot gold fell around 1 percent Monday morning to trade as low as $1,236.46, which marks the lowest level the commodity has seen since May 17, Bloomberg reported. U.S. gold futures also lost nearly 1 percent to...

Analysts at Bank of America see the price of gold rising by $200 per ounce to hit $1,400 by the end of the year. According to a CNBC report, the analysts acknowledged tighter monetary policy isn't a bullish indicator of gold but ongoing inflation concerns, uncertainties from European elections...

For the first time ever, one bitcoin is worth more than an ounce of gold. According to a CNNMoney report, the price of one bitcoin traded above $1,290 on Friday while an ounce of gold costs $1,228. There are a few factors at play here. First, high demand for the digital coin helped push the price...

In the midst of the Trump rally, the Dow Jones Industrial hit the 20,000 mark on January 25. However, by Tuesday the index briefly dipped below the 19,800 level, which may signal the romance between President Trump and investors has come to an end. As noted by CNNMoney's Paul La Monica, it...

The Dow Jones Industrial Average recently broke above the Dow 20,000 milestone, but has since pulled back amid President Trump's controversial policies. Meanwhile, the price of gold is higher for the third straight day and is on track for its best month since June following the surprising...

The price of gold traded above the $1,200 per ounce mark for the first time since November, at a time when the "Trump rally" appears to be taking a breather. Bloomberg reported that the rally in spot gold can be attributed to President-elect Donald Trump's first press conference since his election...