Price of Gold Weekly Recap: June 05 – June 9, 2017

Posted filed under Gold Price News.

gold price recap

Monday opened with gold prices at $1,280.34 an ounce. Trading would take the price of gold down 27 cents by the day’s close before shooting it up more than $14 to $1,294.30 on Tuesday morning. After moving up another 39 cents, the week’s high of $1,294.69 was set at noon. Prices then closed unchanged from… Read more »

What Is Quantitative Easing?

Posted filed under Consultants Corner.

quantitative easing

Quantitative easing, or QE, is a widely discussed phenomenon since the global financial crisis of 2008. What is QE and how does it work? Is it beneficial or detrimental to the economy? How does it influence gold prices? Quantitative Easing Definition Quantitative easing (GE) is an unconventional monetary policy of central banks intended to stimulate… Read more »

Should We Return to a Gold Standard?

Posted filed under Consultants Corner.

Crumbling economies, soaring debt, extremist political states—such scenarios may seem like the stuff of dystopian novels, but they are our current global reality. How did we get here? Many economists believe the downfall began when governments decided to untether economies from gold. Amid an economic climate of crisis and collapse, influential bankers, economists, and politicians… Read more »

Price of Silver Weekly Recap: May 29 – June 2, 2017

Posted filed under Silver Price News.

silver price recap

Silver prices today reflect the white metal’s strong performance in the markets last week. Monday opened at $17.38 an ounce and closed two cents up at $17.40. The price of silver was the same at the open and close of the markets on Tuesday: $17.37. Trading took a similar pattern on Wednesday, with the price… Read more »

Price of Gold Weekly Recap: May 29 – June 2, 2017

Posted filed under Gold Price News.

gold price recap

Spot gold prices had a good run last week. The yellow metal opened at $1,265.84 an ounce on Monday and closed at $1,267.13. By Tuesday morning, the spot price of gold pulled back to $1,263.79, and light trading shaved off just under two dollars to close at $1,261.95. That and more was recovered after the… Read more »

Price of Silver Weekly Recap: May 22 – May 26, 2017

Posted filed under Silver Price News.

silver price recap

Strong interest in silver carried prices from the opening of $17.11 to the close of $17.20 an ounce on Monday. Afterhours buying contributed to a Tuesday opening of $17.26 before profit taking sent the price of silver to $17.07 at the close. The silver markets opened a cent down on Wednesday at $17.06, but buying… Read more »