Russia Increases Gold Purchases by 700% By Tapping Oil Revenue
Russia has ramped up its daily gold purchases by a staggering 700%. This surge in demand comes on the back of three consecutive years of record-high purchases. President Vladimir Putin…
Gold’s Rally Just Getting Started, Predicts ING
Gold has been the powerhouse of the broader economy, outpacing the stock market and even the tech sector. The yellow metal has put on an impressive performance with more than…
Gold’s Rise Nearing $2,700
Gold’s Rise Nearing $2,700 Over the past 12 months, gold has experienced a significant rise, with prices climbing nearly 30% year-to-date. Currently hovering around $2,667 per troy ounce, gold is…
Central Banks Are Buying Gold
Central Banks Are Buying Gold In recent years, central banks worldwide have been buying gold in much larger quantities than in the past. This has potentially negative effects to the…
What Should I Do With $2,500 Gold – Buy? Sell? Hold?
$2,500 Gold – Buy? Sell? Hold? What should I do?? Gold is in the process of establishing a new base at $2,500. Much as when gold fought to establish a…
Gold Cracks $2,600! Why The Fed’s Major Rate Cut Is Fueling Record Gold Prices
After months of anticipation, the Federal Reserve dropped one of the single largest rate cuts in history. This decisive action officially kickstarts a period of quantitative easing, which could harm…