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There’s a massive amount of economic data being released this week and it seems gold prices are caught in a crossfire. Here’s a look at the headlines of this week and how it relates to the yellow metal. Early This Week: Data released early in the week showed that U.S. manufacturing grew at its fastest

Individual retirement accounts now represent more than one-fourth of U.S. total retirement market assets, up from 17 percent 20 years ago, according to the Investment Company Institute. There was $5.7 trillion in IRA assets recorded at the end of the second quarter of 2013. In June, IRA assets were 9 percent of all household financial

This week we saw gold drop from the $1,270 per ounce range to the $1,250 per ounce range. While the price of gold has declined, there are two lights shining at the end of the tunnel for value investors looking to pick up the yellow metal. Economic Data and the Federal Reserve Data showed that

Ben Bernanke will be stepping down in late January, most likely giving way for Janet Yellen to take his place as Chairperson of the Federal Reserve. Bernanke was known for a rather loose monetary policy, which is seen by an ongoing quantitative easing program that’s still in place. The big question on most investors’ minds

Forget silver bells – ’tis the season for Silver Eagles! Silver American Eagle Coins are not only on the rise in terms of demand, but sales have surpassed the annual record, set in 2011. The U.S. Mint announced on Tuesday that Silver American Eagle sales have reached almost 40.2 million ounces, a total that surpasses the

With the Federal Reserve’s decision on whether or not to taper the stimulus program looming over safe haven investments, the recent months have also been back and forth for the yellow metal. A big surge from China however, may provide some help for gold investors. China Plans to Reform Since Chinese president Xi Jinping came

Late Wednesday, Congress approved the Senate deal which brought the government shutdown to an end and extended the borrowing limit until February 7th. This brought gold prices soaring over the $1,300 per ounce mark to settle at $1,323 per ounce. This 3.2% increase was the largest single-day gain in weeks. Here is a look at

Gold has taken a few hits this week due mostly to the activity in Washington DC. Law makers seem to be coming closer to a deal, which has pushed gold prices down. Friday of this week saw a big sell order which may have also sparked a decline in prices. Here is a look at