Orkan Ozkan

Have you been hearing about the Swiss gold referendum and are wondering what it’s all about? On November 30, the people of Switzerland will be casting an important vote on whether the Swiss National Bank (SNB), the country’s central bank, should be required to increase and hold onto its gold bullion reserves. What’s behind this vote, and what might be

The ancient Hindu festival of Diwali, also known as Deepavali or the “Festival of Lights”, began on Tuesday and has sparked a gold buying rebound in India. Dhanteras, the first day of the five-day festival, is a major shopping day for gold and silver items. In terms of consumer purchases, Diwali is considered the Indian equivalent

Bloomberg reports that speculators are turning bullish on gold for the first time in nine weeks as concerns over global economic growth and the recent downturn in equities are pushing more investors towards gold. Global shares lost a staggering $3.2 trillion in value this month as the International Monetary Fund (IMF) cut its outlook for global growth

Gold for December delivery rose 0.7% to $1,243 an ounce by 11:29 a.m. EST on the Comex, the third straight gain and the longest rally for gold since August 14. Meanwhile, the stock market has largely erased its 2014 gains amidst investor concerns over global economic growth, corporate earnings, and the Ebola virus. The Dow, S&P,