Gold Price Dip of 2% Means Buying Opportunity?
Gold has given back a weeks worth of trades recently, reports CNBC’s Jackie DeAngelis. Many gold traders are saying now is the time to buy the yellow precious metal.
Time to Get into Gold?
Gold rises 1 percent as it climbs above $1,300. The precious metal’s next move, with CNBC’s Mandy Drury and the Futures Now Traders.
Gold Imports by Country 2013-2014 (CHART)
Copyright Casey Research 2013, Sources: World Gold Council
Turkey added 13 tonnes (417,959 troy ounces) of gold in November 2013. Overall, it has added 143.6 tonnes (4,616,847 troy ounces) so far this year, up 22.5% from a year ago, in part thanks to the adoption of a new policy to accept gold in its reserve requirements from commercial banks.
Russia bought 19.1 tonnes (614,079 troy ounces) in July and August alone. With the year-to-date addition of
Warm winter weekend
Nam et urna ante, vitae pretium lacus. Vivamus ullamcorper leo risus, non vehicula odio. In consectetur viverra ante, eget vulputate magna aliquam in. Ut sem arcu, consequat quis lacinia id, ultrices in felis. Suspendisse potenti.
Summer 2015 fashion trends
Ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit quia non numquam eius modi tempora incidunt ut labore etat voluptatem.
How gold prices could hit $1,340
It’s official: China overtakes India as top consumer of gold. China officially overtook India as the world’s largest consumer of gold in 2013, according to the World Gold Council (WGC), in a year that saw overall demand for bullion slump 15 percent owing to heavy exchange traded fund (ETF) selling. Jonathan Barratt, Founder of Barratt’s Bulletin, says continued Chinese demand for the precious metal could push gold prices to
Dennis Gartman: What Will Save Gold, Gold’s Next Move
What Gartman Likes More than Gold
Dennis Gartman explains what will save gold, which is down $75 in the last 2 weeks. Gold’s next move, with CNBC’s Jackie DeAngelis and the Futures Now Traders. Goldman Sachs predicts as much as 16 percent decline for the metal in 2014, but gold bugs such as Terry Sacka say “nay”.
Goldman Sachs Predicts Gold to Tank in 2014, Sacka says Nay
Jeffrey Currie, Goldman Sachs head of commodities research, provides his outlook for commodity markets in 2014 and explains the volatile start to the commodities season. Currie also gives his expectations for the U.S. economy.
“Our view there really is driven by the expectation of the U.S. economy reaching escape velocity,” Currie said on “Squawk on the Street.” “Essentially when you think about a
Byron Wien: Why I Got Stocks and Gold Wrong This Year
Byron Wien’s top 10 calls tend to be very prescient, but in 2013, he got both the S&P and gold very wrong. He explains what happened, and provides his outlook for
Rick Rule: Gold is a Better Buy Than it’s Ever Been
From a percentage gain/loss perspective gold may not have performed well for 2013, but Rick Rule, Sprott U.S. Holdings Chairman is sticking by the metal. He says for the fundamental investor, those associated with gold remain good making it as good