Last September when gold prices were sinking, The Trends Journal forecast that prices had bottomed. As we go to press, spot gold is selling at $2035 per ounce.
791 search results for: gold price
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TOP TREND 2024, A GOLDEN YEAR FOR GOLD: CENTRAL BANKS STILL STOCKPILING GOLD, EVEN AT RECORD PRICES
The world’s central banks more than doubled their July purchases of gold to 37 tonnes as gold prices set new records during the month.
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TOP TREND 2024, A GOLDEN YEAR FOR GOLD: CHINESE SPECULATORS RUN UP GOLD’S PRICE
Speculators taking long positions in gold on the Shanghai Futures Exchange—betting gold’s price will rise—have boosted their number of bets by almost 50 percent since September, according to the Financial Times.
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DOLLARS, GOLD, BITCOIN AND PRICE MOVEMENTS
A new study has tracked ways in which price fluctuations characteristically affect the relative relationship of the U.S. dollar, gold and bitcoin.
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GOLD’S PRICE GAINED 18 PERCENT IN 2022, HIGHEST IN A DECADE
Central banks stockpiled gold last year at the fastest pace since 1955, driving demand for the metal to 4,741 tons, its highest since 2011 during the Great Recession, the World Gold Council said in a new report.
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COAL PRICES TURN IN A GOLDEN PERFORMANCE
Since the beginning of this year, the price of benchmark Australian thermal coal—one of the dirtiest energy sources—has zoomed up 80 percent to $146 a ton, its highest mark in more than 10 years, according to the Financial Times. That makes Australian coal the world’s best investment so far this year, beating the 44-percent gain...
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GOLDMAN SACHS WINS BIG IN TRUMP RE-ELECTION
In a Trump economy characterized by reduced regulation, easier deal-making, more initial public stock offerings, and an expansion of the private credit market, investment bank Goldman Sachs is poised to win big, The Wall Street Journal reported.
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CRUDE OIL’S PRICE SOFTENS AMID MIDEAST TENSIONS
When equity prices fell early this month, they took oil’s price down with them.
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TOP TREND 2024, A GOLDEN YEAR FOR GOLD: SECOND-QUARTER DEMAND FOR GOLD HIGHEST ON RECORD
Worldwide gold purchases totaled 1,258 tons in this year’s second quarter, 4 percent more than a year earlier and the most in any three-month period since 2000 when the World Gold Council (WGC) began tracking sales.
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CENTRAL BANKS EXPECT TO KEEP BUYING GOLD
Central banks in 13 percent of the world’s advanced economies plan to add to their gold reserves over the next 12 months, compared to 8 percent a year ago, according to a survey by the World Gold Council.