Could rising U.S. debt boost gold prices?

Gold ended the week down slightly, closing at $1,314.00. It continues to remain above the $1,300.00-per-ounce support level. Howard Schultz, billionaire founder of Starbucks, has been in the news lately as a potential independent presidential candidate. He has stated,...

Should investors be gold “believers”?

Gold ended the week up $14.50, closing at $1,317.10. It remains in a medium-term uptrend, as the precious metal has gained nearly 14% since hitting more than 1-1/2-year lows back in August. The underlying uncertainty of the tumultuous stock markets during this period...

Is a shrinking gold supply creating opportunities?

Gold ended the week at $1,281 per ounce. While failing to break through the $1,300-per-ounce level, gold remains in an uptrend. Let’s take a longer-term look at the fundamentals of gold exploration and mining production. The fall of gold prices from their peak in 2012...

Gold breaks out in 2019

Gold ended the week at $1,286.80 per ounce, closing its fourth consecutive weekly gain. Dovish comments from the Federal Reserve on January 4 about reduced chances for further rate hikes caused the U.S. dollar to decline. This is another positive factor for gold,...