Weekly Gold Price Recap: May 11 – May 15, 2015

Posted filed under Gold Prices.

gold-price-recap

This week opened at $1,183 and closed at $1,225—resulting in more than $40 in gains for the yellow metal. The price of gold started out steady on Monday, nearly a flat line from last week’s closing point, but began gaining on Tuesday and went up all week. Gold struggled to gain any momentum on Monday,… Read more »

How Is Gold Formed and Where Does it Come From?

Posted filed under Consultants Corner.

gold-origins

Where does gold come from? Sadly, leprechauns don’t exist, so we won’t be finding any gold pots at the ends of rainbows. Similarly, alchemists never managed to turn base metals into gold. How is gold actually formed? If we can recall back to our high school chemistry classes, we might remember that in its purest… Read more »

3 Scenarios That Could Trigger a Major Gold Rally

Posted filed under Consultants Corner.

events-for-gold-rally

Gold has been in a narrow trading range for months and it may require some startling news or major shifts in attitudes and perceptions for prices to break out to the upside. While gold tends to do better when there is uncertainty in other financial markets, it is also held back because of that same… Read more »

Weekly Gold Price Recap: May 4 – May 8, 2015

Posted filed under Gold Prices.

gold-price-recap

Gold went through another week where gains and losses just about cancelled each other out, but a week in which the price of gold never crossed the all-important $1,200 per ounce figure. As the U.S. dollar and the stock market seem to grow weak, it should be an ideal opportunity for gold, yet the metal hasn’t… Read more »

Gold Markets in Narrow Trading Range

Posted filed under Investing.

gold-and-us-dollar

When it comes to your money, where do you put your trust? Do you put it in the hands of a handful of people who have the power to control the money supply in the United States? Do you put it in a precious metal that has held its value for more years than the… Read more »

Weekly Gold Price Recap: April 27 – May 1, 2015

Posted filed under Gold Prices.

Gold Price Recap

The past week of trading saw the price of gold shoot up and come back down again to finish off almost exactly where the precious metal started out. A big drop negated steady growth, indicating that the volatile market can fall just as soon as it climbs, whenever currency fluctuations cause investors to seek out… Read more »