by Data Age | Sep 26, 2014 | Gold & Jewelry, Precious Metals
Jeffrey Currie of Goldmans Sachns says the worst isn’t over yet for gold after prices for the metal erased almost all of this year’s gain. Gold fell to an eight-month low this week after the US Federal Reserve raised its outlook for interest rates,...
by Data Age | Sep 22, 2014 | Business, Gold & Jewelry, News, Precious Metals
Gold prices have been at a three month low and continue a decline. The Fed last week didn’t help when Janet Yellen indicated they could raise interest rates higher and faster than the current economic data suggests. Bullion prices fall after Fed takes hawkish...
by Data Age | Sep 15, 2014 | Business, Gold & Jewelry, Precious Metals
The Federal Reserve policy committee meets this week and Tim Iacono of Ianoco Research believes the central bank could present a more dovish stance than expected. If Iacono’s prediction comes true it could help bolster the metals market. Read Iacono’s...
by Data Age | Sep 9, 2014 | Gold & Jewelry, News, Precious Metals
Liberty Coin & Currency of Portland did a great article for KGW.com. It’s a primer on the nine precious metals; gold silver, platinum, palladium, rhodium, iridium, osmium, rhenium, and ruthenium. See it here.
by Data Age | Sep 9, 2014 | Gold & Jewelry, Safety
NEW YORK/LONDON, Sept 8 Gold fell more than 1 percent to a fresh three-month low on Monday as the dollar’s rally against a basket of major currencies decreased bullion’s appeal as a currency hedge. The dollar index rose 0.3 percent to its highest in over a...
by Data Age | Sep 8, 2014 | Gold & Jewelry, News
Depending on who you believe, gold is set for a strong recovery or the demand for gold is waning. Either way the strong dollar continues to affect gold prices.
