Fed policy change could be good for gold

Gold continued to consolidate around $1,950.00 per ounce last week, closing at $1,974.90 per ounce on Friday (see the following chart). This continued consolidation may present a buying opportunity in the current gold bull market. After evaluation of the Federal...

Is now the time to buy gold?

Last week, gold bounced back after a down week, reaching $2,000 per ounce before closing at $1,947 per ounce (see the following chart). This consolidation around $1,950 per ounce presents a possible buying opportunity in the current gold bull market. All of the...

Factors still look good for gold

After setting new highs by breaking $2,000 per ounce the previous week, gold prices retraced, closing at $1,949.80 per ounce last week (see the following chart). Gold is now in a well-established bull market, and various factors indicate that this trend will hold for...

Is gold on a path toward $3,000?

The price of gold climbed well past $2,000 per ounce last week, closing at $2,028 per ounce (see the following chart). Gold’s year-to-date gain as of August 7 was over 28%. Gold’s steep climb is causing analysts to compare its current rise with previous gold bull...

Gold within striking distance of $2,000 per ounce

Gold set new all-time highs last week, finishing at $1,985.90 per ounce (see the following chart). The precious metal is now in position to reach $2,000 per ounce. Gold’s rise has come as the U.S. dollar has declined, falling over 5% in the last three months. The...