Monday morning did not open very well for the stock market. The Dow Jones International Average is having its worst day since December 2008 as it crashed around 2,000 points. S&P 500 opened already down 7%, halting trade for 15 minutes as selling pressure triggered a circuit breaker. This is […]
Tag: price of gold
Price of Gold
Goldman Sachs Predicts Gold Prices to Reach $1600
New Gold Price Predictions from Goldman Sachs Good news for those who are disappointed about the recent drop in gold prices – Goldman Sachs, the well-known multinational investment bank, recently provided updated forecasts for gold prices for the coming months. The financial services company predicts that gold will rise to […]
Tudor Jones Claims Gold as Preferred Trade
Paul Jones Wants You to Buy Gold Many investors struggle with the eternal question: “When Should I buy?” and Paul Tudor Jones II, the founder of Tudor Investment Corporation, says the time is now. Jones is also a founder of The Robin Hood Foundation, which helps struggling New Yorkers with their […]
Gold Falls – Where Will It Find Support?
The declines in gold and silver this week fit in line with our expectation that the rallies since August were due to correct. Further declines are expected over the months ahead. However, just as gold did not advance in a straight line over the past six months. Neither will it […]
In 2019 – Can the Gold to Silver Ratio Break Lower?
Gold and silver have both been strong recently – can the gold to silver ratio break lower? For the week ended Friday, January 4, gold finished higher by $4 or 0.3% to close at $1,285 as of the final trade on the New York COMEX futures exchange. Meanwhile, silver finished […]