gold-price-zips-higher-as-eastern-european-countries-urgently-load-up-on-bullion

Gold rallies to an intraday high of $1,475.50/oz. Precious metals trade at more than one-week highs as risk appetite wanes. Serbia bought nine tons of gold in October to hedge against crisis. The price of gold extended its rally on Thursday, as waning risk appetite drove investors into the relative safety of precious metals. In…

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gold-price-bounces-off-3-month-low:-2-reasons-why

Gold futures rose by as much as $23 on Wednesday, erasing much of last week’s sharp slide. U.S. government bond yields pare back from three-month highs. Bullion is more attractive to investors following last week’s brutal skid. The price of gold rallied on Wednesday, as declining bond yields and waning appetite for risk propped up…

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gold-price-desperately-clings-to-$1,450-ahead-of-fed’s-powell-testimony

Gold futures fell on Monday to their lowest levels since early August. The loss comes despite a mixed session for stocks and a declining U.S. dollar. Federal Reserve Chairman Jerome Powell will testify before Congress on Wednesday and Thursday. The price of gold declined on Monday, as technical traders piled increased their short positions following…

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what-gold’s-price-plunge-tells-us-about-the-record-high-stock-market

Gold price dropped by 4% as U.S. stock market hit record highs. Major U.S. banks including JPMorgan and Citibank closed positions on gold for more risky alternatives. Nobel laureate says geopolitical risks are over-estimated, making the environment better for stock market over gold. The gold price has dropped by 4% in the past nine days…

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gold-suffers-worst-crash-in-3-years-because-investors-ignored-one-crucial-fact

Gold price suffers worst weekly drop in three years as investors tilt toward risk-on assets. December gold futures are hovering around $1,465/oz, the lowest in over three months. Despite the fall, the Federal Reserve’s ‘war on savings’ will keep gold prices trekking higher over the long haul. The price of gold is plunging this week…

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gold’s-flash-crash-gives-rise-to-buyers-after-china-pushes-back-on-tariffs

Gold recovers after posting its biggest fall in over a month. China is looking for a significant rollback in tariffs before finalizing ‘phase one’ trade agreement with Washington. U.S. dollar maintains three-week highs. The price of gold bounced on Wednesday, one day removed from its steepest drop in over a month as investors began to…

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gold-price-rips-lower-after-massive-selloff-as-dollar-spikes,-dow-hovers-near-all-time-high

Gold plunged 1.5% on Tuesday as risk-off assets suffered. U.S. services PMI improved more than expected in October, according to the Institute for Supply Management. U.S. dollar hits three-week high against a basket of currencies. The price of gold plunged on Tuesday, wiping out more than a week’s worth of progress as keener appetite for…

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bitcoin-and-gold-jockey-for-position-in-$10k-long-term-investment-poll

In which asset class would you direct $10,000 in investment capital – bitcoin or gold? There’s one condition. You can’t touch the funds for 10 long years. According to a Twitter poll crafted by former U.S. Rep. Ron Paul, bitcoin and gold are the top choices, with the leading cryptocurrency having overtaken the precious metal…

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why-bitcoin-has-outperformed-gold-every-single-year-since-2011

Bitcoin, also known as “digital gold,” has outperformed gold every year since 2011. Given the large discrepancy in the market capitalization between bitcoin and gold, bitcoin has more potential to grow over the short to medium term than gold. So far into 2019, contrary to popular belief, bitcoin has failed to demonstrate the characteristics of…

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nearly-1/3-of-americans-believe-this-myth-about-the-us-dollar

Nearly one-third of Americans falsely believe that the US dollar is backed by gold, and 70% don’t know what is backing it. That’s just the tip of the iceberg when it comes to US financial illiteracy, however. A new study reveals just how little Americans know about how their money works. An eye-opening new study…

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