Articles by Gold Alert
“Not Enough Physical Buying” Fuels Gold Price Sell-Off
On Thursday the price of gold gave back yesterday’s gains as the yellow metal was unable to gain any traction in the aftermath of the Federal Reserve’s latest monetary policy meeting. The spot gold price finished down …
Silver’s Win Streak Hits Seven, Gold Futures Dip
Precious metals were mixed on Wednesday despite a slight rise in the U.S. dollar against a composite of foreign currencies.
COMEX gold futures – per the February contract – settled lower by $6.50, or 0.4%, at …
“More and More Capital is Going to Move into Gold”
The recent strength in precious metals continued on Thursday, as gold reached a one-month high. COMEX gold futures for February climbed on Thursday by $7.60, or 0.5%, to $1,690.80 per ounce – their highest closing …
Precious Metals Hold Gains, XAU Pares Losses
Gold futures snapped their three-session losing streak on Tuesday amid strong gains in several precious metals.
COMEX gold for February delivery settled higher by $15.90, or 1.0%, at $1,662.20 per ounce, just a fraction below its …
Precious Metals Tumble, Fed Minutes Mull QE4 Longevity
Gold and silver futures remained firmly in negative territory Thursday after the latest Federal Reserve minutes revealed that several of its members would like the central bank to halt its fourth round of quantitative easing …
Outlook for Gold “Hasn’t Been Dashed” by Its Recent Weakness
The gold price inched higher during Monday’s holiday-shortened session despite modest strength in the U.S. dollar. The spot price of gold advanced by $3.01, or 0.2%, to $1,658.88 per ounce while the U.S. Dollar Index rose 0.1% …
Gold Price Weighed Down by Positive Economic Data, Paulson Report
The sell-off in gold prices continued on Thursday after several better than expected U.S. economic reports and progress on the fiscal cliff situation provided headwinds for precious metals. The spot price of gold finished down by $20.14, …
Gold Price Retreats, Markets Rally on Fiscal Cliff Optimism
The price of gold tumbled on Tuesday amid rising speculation that U.S. politicians are close to an agreement to resolve the looming fiscal cliff. In afternoon trading, the spot gold price was lower by $28.38, or 1.7%, …
Gold Price Firm, Dollar Retreats amid Weak U.S. Data
The price of gold inched higher on Monday amid weakness in the U.S. dollar and a rally in many commodities. Following last week’s 2.1% slide, the spot gold price advanced by $3.41, or 0.2%, to $1,717.38 per …
Gold Price Steady, Eyes Euro Meetings, U.S. Data
The gold price oscillated between gains and losses near $1,750 per ounce on Monday following last week’s 2.2% advance. On Friday the price of gold climbed to as high as $1,755, its best level since early October, …
