Posts by admin

Gold goes weak for this week

Weekly Blog
Gold has witnessed a decline in the current week thanks to the strengthening dollar. Gold prices fell on Wednesday and Thursday as the dollar traded higher. The U.S. dollar was…

Gold May Regain its Safe Haven Status

Weekly Blog
In January, precious metal prices peaked. Since then they have fallen substantially by 9% (gold prices). In recent weeks, the sell-off has accelerated. There are several reasons for this price…

Dollar gains safe haven appeal

Weekly Blog
  With the first half of 2018 now drawn to a close, much of the financial medias’ headlines and commentary relating to the gold market has been focusing on the…

Long term looks favourable for gold

Weekly Blog
Gold has fallen out of favour as investors prefer havens such as the dollar, Treasuries and yen amid fears that a looming trade war will damage global growth, hurt earnings…

No major catalysts for gold

Weekly Blog
Gold prices were hit strongly towards the end of the week. By mid Friday, gold was down -1.89% so far on the day and -2.35% from the high set just…

Fed Rate Hike Fails to Dampen Gold Prices

Weekly Blog
  After two days of meetings regarding monetary policy, the US Federal Reserve officially announced the second interest rate hike of the year on Wednesday, June 13. The Fed lifted the target…