Gold

India’s wedding season is here and the need for gold is expectedly high. This year, however, there are a few issues in terms of purchasing of the yellow metal. Import taxes are high, and it seems smuggling is now on the rise as well. Import Taxes on Gold In recent years, the tax on gold

With a wave of recent headlines boasting how well the U.S. economy is performing, some individuals believe gold may have lost some of its glimmer. However, as the year comes to an end, here are a few points you may want to consider on gold’s ability to shine in 2014. 1) Has Gold Reached the

The government shutdown may be over, but there are still repercussions being felt in the precious metals market. Here are a few highlights as the market moves into next week. Momentum from the Fallout of the Government Shutdown There are a lot of numbers being thrown around as to how much the government shutdown actually

In a recent article posted by Citi FX Technicals on ZeroHedge, the case was made that it is no coincidence that gold values and the U.S Debt Limit have expanded together over the last 10-12 years. As we continue to spend more than we earn and shift that liability to the next generation Gold has shown

The Federal Reserve’s monetary policies may not be directly tied to gold, but anytime a statement by the Fed is released, investors scramble to figure out what it means for gold. Because of this relationship, it’s vital to understand how gold tends to be affected by the Fed’s actions. Here is a look at gold

Last week gold prices dropped about $25. A new U.S. jobs report was released on Friday which offered a few clues from gold’s history that may shed some light on the future. Job Growth and Gold Values The U.S. economy boasted 195,000 new jobs in June. However, the unemployment rate was unchanged and remained at

For the past few years the production of gold has been flat, while the demand from investors and central banks has been trending upwards. A recent article by Steve Wilson from 247Bull highlights the supply and demand fundamentals of the gold market and how it’s been impacted by the recent drop in price. The key points

For the first part of the week gold had trouble breaking past the $1400.00 per ounce mark. Today, gold has had no trouble staying above this barrier. Recent GDP data released as well as buzz around U.S. economic stimulus may be to thank for this recent jump. GDP and Unemployment Assistance According to the Department