Gold Market News

January 23, 2018

Gold prices get a boost from U.S. dollar weakness. Stocks flat after Congress passes a three-week funding measure ending the shutdown. Gold last traded at $1,336 an ounce. Silver at $16.91 an ounce.

Gold Price: We Haven't Seen The Highs For 2018 Yet - State Street- Kitco--1.23.18
One analysts thinks we are at just the beginning of a gold rally. There is strong sentiment in the gold market and it is only a matter of time before gold breaks out and retests the highs from 2016, says the analyst.

World Gold Council Sees Continued Demand - Guru Focus--1.22.18
According to the World Gold Council, global growth will continue to support gold demand. The World Gold Council believes gold demand will be supported by wary investors who want to protect their wealth against an eventual financial distress.

Is gold on the verge of breaking out? - Market Watch--1.22.18
Thanks to declines in the U.S. dollar and Treasury bonds, there has been a massive move into gold. Rising inflation as well as excessive optimism in the stock market could also help send gold prices above $1,900 an ounce this year.

Gold not done and dusted, best days are still to come - Economic Times--1.22.18
Gold has been strong so far in 2018 but is down today, with attention being taken away by stocks and cyrptocurrencies. According to Warren Buffet, "the time to get interested is when no one else is."

Gold Prices See Renewed Momentum, U.S. Dollar Hammered As Gov’t Shutdown Looms - Kitco--1.19.18
Gold is gaining momentum as the U.S. dollar hits three-year lows on increased fears of a government shutdown. Republicans are rushing to gather enough votes to reach an agreement before midnight.

There Is Still Value In Gold As A Portfolio Diversifier - Sprott Asset Management - Kitco--1.19.18
There is a lot of value in the gold market as prices remain near four-month highs. One expert sees this years 12% gold rally to be just the start of a bigger long-term move as investors start to view gold as an important portfolio diversifier.

Gold: Safe Investment for the Long Haul - Investor Place--1.18.18
In today's unstable financial climate, it is important for investors to have safe-haven assets in their portfolio in order to reduce one's susceptibility again changing economic fortunes. Gold has always been valued as a dependable means to protect wealth.

The Gold Rally May Have More Room to Run - Bloomberg--1.17.18
Gold prices may have had a recent pullback, but markets suggest gold may have room to run. The Chinese New Year and option prices will both set the metal up to continue its run into 2018.

Gold rises for third consecutive session - Business Live--1.12.18
Gold prices have risen for a third consecutive session to their highest level since September. The dollar index, on the other hand, has fell to its lowest level since September 2017.

Gold prices notch fifth week of gains in a row- Market Watch--1.12.18
Gold prices have hit a fresh four-month high to tally a fifth week of gains in a row. Gold saw a weekly gain of roughly 1% and month-to-date the metal has climbed 2.2%.

Gold May Jump Over 20% As Investors Eye Inflation - Investopedia--1.11.18
Gold may be on the verge of a technical breakout that could send the metal higher by as much as 23 percent. If the metal builds toward a $1,350 breakout, it should have a clean path towards $1,600.

Gold To Hit $1,400 In Q4 — Bank Of China International - Kitco--1.11.18
Gold prices are trading close to four-month highs and analysts from the Bank of China International believe that gold can go even higher. By the fourth quarter of 2018, gold could be looking to average $1,400 per ounce, according to analysts.

6 Reasons Why Gold Is Headed Higher In 2018 - Kitco--1.11.18
There are six elements working in favor of gold that should continue to support upward price movement. These are: rising government bond yields, technically bullish euro currency, bearish U.S. dollar index, S&P 500 looking toppy, Nymex crude oil market on fire and bullish gold charts.

Gold At 3.5-Mo. High As Global Bond Market Rout Spooks Marketplace - Kitco --1.10.18
Gold prices are solidly higher on Wednesday, hitting 3.5 month highs. Gold remains strong amid safe-haven demand and a lower U.S. dollar.

Gold: No way to go but up - Numismatic News--1.4.18
Gold prices were up more than 13% in 2017 with silver rising more than 7%. With many negatives impacting the U.S. dollar in 2018, gold and silver are set up to have a successful 2018 as well.

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