Gold rides negative yields

Last week, gold prices once again fell below $1,500 per ounce (though not as low as the week before), before rallying to close the week at $1,493.50 per ounce. Gold still remains in a consolidation pattern. From a broader perspective, Harry Tchilinguirian, head of...

Buying opportunity for gold?

Gold prices broke down below the $1,500-per-ounce support level last week before reversing and closing back up at $1,512.90 per ounce for the week (see the following chart). This consolidation continues to provide a buying opportunity at this level, assuming gold...

What lower interest rates could mean for gold

Gold prices continued to consolidate around the $1,500-per-ounce support level, closing the week at $1,503.30 per ounce (see the following chart). This consolidation could provide support for another surge upward in gold prices. The Federal Reserve lowered interest...

How could gold benefit your investment portfolio?

The attack on Saudi oil infrastructure added further worries to already unnerved investors last week. Gold, considered a safe haven, stayed above the $1,500-per-ounce support level. This safe-haven feature is what distinguishes gold from other commodities, as it tends...