Tag: Gols Markets

Retail Buying Dominates Gold Action But Bullion Not Trading as Safe Haven

Retail Buying Dominates Gold Action But Bullion Not Trading as Safe Haven

WHOLESALE gold prices rose back above $1430 per ounce Monday morning for the first time since last Monday’s price drop, amid reports of strong buying in Asia, while stocks gained and US Treasuries fell. Silver meantime ticked higher above $23.60 an ounce, though remained below Friday’s high, while other commodities also gained with the exception […]

The Coin Analyst: Precious Metal Bull Run Likely to Continue

The Coin Analyst: Precious Metal Bull Run Likely to Continue

by Louis Golino for CoinWeek …… On August 22, the Federal Reserve released the minutes of its last meeting. The minutes revealed that a majority of members of the FOMC (Federal Open Market Committee) believe further monetary easing is warranted soon unless the economy improves substantially. This suggests that the Fed is likely to launch […]

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