Gold and Silver Reports

Gold will get its support

Negative news coming from all over proved to be positive for gold during the week. Weakness in global growth, lack of clarity in US China trade dispute, weak economic data coming from Asian markets, negative Asian equities, Powell’s speech, unrest in Hong Kong and other ongoing risks, together proved to

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Gold likely to be pushed into the positive territory

Last week, Gold opened tested the $1515 resistance area but it failed to break higher and made a sharp reversal, losing more than $50 over the last week, the worst weekly performance in years. It was a tough week for precious metals. Gold was down almost $50, silver down $1. This pull down

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A rare buying opportunity for investors

Historically and traditionally, gold has always been seen as a safe place to invest in uncertain times – Recently, it hit a more than six-year high of $1,557 in September and with gains of about 17% so far is set for its biggest yearly gain since 2010. The valuable metal

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A rare buying opportunity for investors

Historically and traditionally, gold has always been seen as a safe place to invest in uncertain times – Recently, it hit a more than six-year high of $1,557 in September and with gains of about 17% so far is set for its biggest yearly gain since 2010. The valuable metal

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A favorable environment has emerged for gold

US China trade war that gathered lot of limelight last week, seems to be put on a back burner as China said that they will not sign any further deals unless another round of talks happen,. There was a renewed volatility when China issued this statement and DOW fell along.

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Investor buying has returned

So far it has been a great year for gold. It may have dropped a few times during the first half, but the prices began to gain momentum. Rising geopolitical tensions marked a rally in prices for the yellow metal. As the week began, week gold prices fell over positive

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Gold continues to ride the bulls

Has gold really been the safe haven asset? Has gold really proved to be a hedge in times of uncertainties? Has the yellow metal been the highest return generating asset in its class? So let’s see what gold has done since 2001. I have always been telling people to buy

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Gold Will be Data Dependent

Important numbers were out from the US which indicated a lot of things. There were signs of a deteriorating US economic data especially on consumer confidence and certain manufacturing data indicating shrinkage. Even though this had been the voice of many Fed Guv post the recent verdict from US Federal

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Gold prices expected to remain relatively steady

Gold and silver have had an exciting run in the past couple of months, and this is taking place exactly because precious metals are doing what they are supposed to do – act as a hedge against economic instability. The price movements of precious metals are difficult for some people to

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Dips adds demand for the yellow metal

Gold has powered ahead this year, hitting a six-year high above $1,500 an ounce. Gold, which did little except glitter for most of the past five years, has seen price gains this year. Gold began the year at $1,279 an ounce, and it is currently trading at $1,498, a 17.1%

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