Is gold the most effective commodity investment?

Gold prices ended the week at $1,499.50 per ounce, consolidating around the $1500-per-ounce support level (see the following chart). For investors wondering how gold could fit into their portfolios, the World Gold Council has offered further food for thought. In its...

The gold bull market’s third leg

Gold prices ended last week at $1,515.50 per ounce, pulling back from a double top that formed around $1,565.00 per ounce. However, prices have not broken down through the trend support line. This suggests a consolidation, which could be followed by a resumption of...

Gold’s summer surge

Gold prices closed at $1,529.40 per ounce, up for the fourth consecutive week. Gold has surged over 15% this summer, breaking out in June and continuing strong through August (see the following chart). But will this rise in gold prices flatten out, forming a plateau...

Analysts see gold rising to $2,000 per ounce

Gold prices shot up on Friday (August 23) off the support level established at $1,500 per ounce and closed the week at $1,536.90 per ounce. The catalyst for the breakout was China’s decision to further escalate the trade war with the U.S. by placing new tariffs on $75...

Warning Signs Ahead

Gold prices hit a six-year high, reaching $1,546 per ounce last week. Gold is up about 1% for the week and 5.9% so far for August. Factors contributing to gold’s surge include the ongoing trade war between the U.S. and China, the resulting fallout weakening the global...