GLD Drops 1.78% After FOMC Lockhart’s Confident Florida Speech But Instantly Rebounds

Investing in Gold

By FX-Analyst

Summary

  • There are 2 main forces affecting gold price, Europe and FOMC. The drama in Europe has deflected the media attention which the FOMC deserves.
  • Atlantic Fed President and FOMC Voter Lockhart deflected weak inflation arguments against liftoff in mid-2015.
  • Lockhart argued that confidence in the progress towards maximum employment and stable prices is sufficient for policy tightening given the lag in monetary policy.
  • Lockhart’s compelling argument forced GLD to drop 1.78% and reinforced the bearish trend on GLD.
Gold as an investment

Gold Edges Up From 5 Week Low On Weaker Dollar

Gold rose on Thursday, lifting from a five-week low hit in earlier trade, helped by a lower dollar, Sweden’s surprise decision to launch monetary stimulus and heightened uncertainty over Greece’s debt.

Spot gold fell to its lowest since Jan. 9 at $1,216.45 an ounce, before recovering to trade up 0.3 percent at $1,223 per ounce. U.S. gold for April delivery edged up 0.2 percent at $1,222 an ounce

US Economy, World News

Russia Looks Profoundly Weak – Roger Altman

Ukraine cease-fire deal helping world markets

U.S. stock futures were higher in early trading, following gains in European shares on news of a ceasefire between Russia and Ukraine starting Sunday. Meanwhile, oil prices were sharply higher this morning.

READ: 7 Ways to Play Oil & Gold

Most investors today keep the vast majority of their capital in stocks and bonds, which is fine. But truly wise ones also diversify into alternative investments, which simply means not stocks, bonds, or cash. Gold has always been the leading alternative asset, largely thanks to its

US Economy, World News

Stock Traders Flock Back To Gold

Investing in Gold
By Adam Hilton

Summary

  • American stock investors and speculators started pouring capital back into gold this week in a serious way, aggressively buying GLD ETF shares.
  • This buying was so massive that GLD had to shunt enough stock capital into physical gold bullion to grow its holdings by their fastest pace in about 5 years.
  • And this is likely just the beginning, as American stock investors remain woefully underinvested in gold and not prudently diversified.
Best way to invest in gold, Gold as an investment

What Is Driving Up Silver (SLV) Besides Gold?

silver-to-gold

By ,

Summary

  • The fall in the U.S. treasuries yields keeps up the price of SLV.
  • The rally of gold is only partly related to the recovery of silver.
  • Despite the recovery in silver prices, SLV’s silver holdings didn’t pick up.

The silver market has started off the year on a positive note as shares of iShares Silver Trust (NYSEARCA:SLV) added nearly 14% to their value (up to date). Is most of this recovery related to the rise in

Best way to invest in silver, Silver as an investment

Switzerland’s Monetary Policy Change – GOLD Rallies

Investing in Gold

Summary

  • The Swiss National Bank’s decision to end its policy to peg the Swiss franc to the euro stirred up the financial markets.
  • The decision seems to have also pulled up the price of GLD.
  • How SNB’s decisions relates to the recent rally of GLD.

By Lior Cohen

The big news from the Swiss National Bank to stop pegging its currency to the euro has shocked the foreign exchange markets. Some analysts have also linked this move to the recent recovery of gold, including the SPDR Gold Trust ETF (NYSEARCA:GLD). This relation, however, isn’t straightforward – let’s examine the recent rally of GLD.

Gold as an investment, World News