Gold prices pull back on trade negotiation optimism. Stocks higher as traders digest latest batch of U.S. economic data. Gold last traded at $1,468 an ounce. Silver at $16.94 an ounce.
November 15, 2019
Serbia Buys Nine Tons of Gold to Heed President’s Crisis Advice- Yahoo! Finance--11.14.19
Serbia's central bank purchased nine tons of gold in October on the advice of President Aleksandar Vucic. The acquisition is the latest in a series of moves by Serbia to shore up its financial stability.
Gold prices gain as investor risk appetite wanes - Kitco--11.14.19
Gold and silver prices end higher as trader and investor risk appetite wanes. Risk aversion has climbed as a U.S.-China trade partial agreement now appears farther off.
Gold is under-represented in portfolios; why this needs to change- Kitco--11.13.19
Gold prices may be down, but investors should not take this as a bearish sign and instead, consider adding more to their portfolio, according to Frank Holmes, CEO of U.S. Global Investors.
Gold rises as trade deal doubts pressure equities- Yahoo! Finance--11.12.19
Gold prices gained on Wednesday as President Trump's speech on trade ties with China diminished optimism for a deal which dented rick appetite.
Gold Price Forecast – The Next Great Buying Opportunity- Yahoo! Finance--11.11.19
This week's breakdown suggest gold is entering the final stage of an intermediate decline. One expert believes gold is in a bull market and investors should take this pullback as a buying opportunity.
Turkey's central bank largest gold buyer in Q3 with 71.4 tons- Daily Sabah--11.11.19
Turkey made its highest monthly gold purchase ever with 41.8 tons in August and has been named the largest gold purchaser in the world with 71.4 tons in the third quarter, according to the World Gold Council.
Gold climbs back above $1,500 to settle at a 5-week high- Market Watch--10.31.19
Gold prices climbed above $1,500 on Thursday to mark their highest settlement in five weeks after a news report said that China officials have doubts over prospects for a long-term trade deal with the U.S.
Gold prices to push to $1,600 an ounce in 2020, says World Bank- Kitco--10.31.19
According to the latest forecast from the World Bank, investors can expect the gold rally to continue as uncertainty dominates the marketplace. The global financial institution is expecting gold prices to rally 5.6% in 2020.
Gold outlook: Yellow metal’s surge to continue; these 2 factors may boost prices in 2020- Financial Express--10.30.19
Gold prices surged 12.6% in quarter 3 of 2019, following three consecutive quarterly gains. In 2020, gold prices are expected to gain nearly 6% due to more expansionary monetary policies and robust demand, according to a new report.
Gold prices recover as Powell says no rate hikes until inflation rises 'significantly'- Kitco--10.30.19
Gold prices recovered after giving up daily gains as Fed Chairman Jerome Powell hinted that three rate cuts could be enough "insurance" for the time being.