Gold prices started the week on a positive note, opening at $1,282.21 on Monday before some profit taking took the closing quote to $1,280.90. Aftermarket selling resulted in a Tuesday opening of $1,269.79, but gold buying picked up and the day closed at $1,271.73. This trend continued into Wednesday, which opened with the price of… Read more »
Gold Price News
One of our most popular posts, the weekly gold recaps are published on Monday, and recount the previous week’s gold news. Using our visual gold price chart to show the trajectory of the week’s gold prices from Monday through Friday, and a detailed day-by-day breakdown of the gold news from that week follows, relating everything that played a role in gold price shifts, from trade volumes and price changes to geopolitical tensions and major global economic news.
The information presented in these useful weekly articles is clear, crisp and to the point, so that you get a succinct overview of the major factors currently influencing the price of gold over a week’s time—arming you with the knowledge to make smart investment decisions going forward.
Investors Seek Safe Haven Amid Terror Attacks, Global Instability Gold hit a crucial benchmark Friday, surpassing $1,300 an ounce as investors sought a safe-haven from a reeling stock market and global uncertainty. The Dow Jones Industrial Average shed more than 270 points on Thursday, its biggest drop since May, as gold reached its highest prices… Read more »
The historical price of gold chart reported a 2.3 percent rise for the yellow metal last week. Monday opened with the price of gold at $1,258.01, and light trading took this number to $1,257.92 by the end of the day. Aftermarket buying pushed the Tuesday opening up nearly five dollars to $1,262.66; the day closed… Read more »
Looming Threat Shatters Market Calm, Sends Gold Soaring Gold prices are continuing to climb as tensions between the United States and North Korea heat up. Prices climbed higher again today, exceeding $1,288 an ounce and cruising toward the crucial $1,292 mark. Yesterday, the price of gold skyrocketed after President Trump issued a stern warning to… Read more »
The week’s gold trading opened on a buying trend that saw an initial bid of $1,269.11 and close slightly up at 1,269.27 on Monday. Tuesday’s open of $1,271.11 showed strength from aftermarket buying, but selling took the closing bid to $1,267.24. More aftermarket trading resulted in a strong Wednesday opening of $1,270.65, which selling again sent to… Read more »
Gold Prices Are On the Move. Now’s the Time to Buy! Gold prices are rallying as tensions between the United States and North Korea hit a boiling point. Prices shot up more than $17 an ounce to $1,279.30 a day after President trump issued a dire warning to North Korea that the country would experience… Read more »