Recent Bullion News

The TRUTH about China’s Massive Gold Hoard

I don’t want to say that mainstream analysts are stupid when it comes to China’s gold habits, but I did look up how to say that word in Chinese…

Bullion Price Movement

Spot Prices as of close of trading in New York

Thursday, July 24, 2014

 

 

The world is finding ways to get along without the dollar after punitive actions by the US

There is a fresh wind behind the dollar price of gold, which is also increasing the reported and unreported volumes of physical trading in the metal.

Gold holds losses but finds support near $1,300

SINGAPORE, July 23 (Reuters) - Gold was steady in early Wednesday trade after dipping overnight, but looked likely to hold above $1,300 an ounce as geopolitical tensions from crises in Ukraine and the Gaza strip brought safe-haven bids. 

Sticking around for $50-$100/oz silver

An upward trend is afoot in the silver space, says Sean Rakhimov, editor of SilversStrategies.com, in this Gold Report interview.