Gold News

 Bank of America: Gold is the 'Last Safe Haven' Amid Rising U.S. National Debt

Bank of America: Gold is the 'Last Safe Haven' Amid Rising U.S. National Debt

Bank of America warns that gold may be the last true safe haven as the U.S. national debt climbs to unprecedented levels, casting doubt on the stability of traditional assets like Treasury bonds.

By ERAN TAL
19/10/2024
 Central bankers rarely discuss why they buy gold – but now they’re opening up.

Bankers explain why central banks are boosting gold reserves

Central bankers rarely discuss why they buy gold – but now they’re opening up. One leading central banker says gold “symbolizes the strength of the country.”

By AUGUSTA PRECIOUS METALS
19/10/2024
 Streible: Silver rally a result of money flowing away from oil, new Chinese economic data

Streible: Silver rally a result of money flowing away from oil, new Chinese economic data

Longtime futures strategist Phil Streible tells Schwab Network that Middle East tensions and rotations in and out of metals, oil caused rise

19/10/2024
 BofA: Global debt concerns could make gold more attractive than treasuries

BofA: Global debt concerns could make gold more attractive than treasuries

New report suggests that gold is the last standing ‘safe haven’ asset

19/10/2024
 Even adjusted for inflation, gold is breaking out

Even adjusted for inflation, gold is breaking out

The yellow metal is surging past its previous inflation-adjusted peak of $2,553 an ounce in 1980.

19/10/2024
 Gold Breaks Key Resistance

Goldman Sachs: "Gold Could Break $3,000 in 2025"

Goldman Sachs predicts a historic milestone for gold: prices could surge to $3,000 by 2025. Is now the time to invest?

By ERAN TAL
18/10/2024
 Gold price sets new record high

Gold price sets new record high near $2,700

Gold hits record high at $2,696.62 amid global uncertainty. Geopolitical tensions, U.S. election, and Fed easing fuel surge. Investors flock to gold as safe haven.

By ERAN TAL
17/10/2024
 Gold Investment in a New Stage of the Latest Commodities Bull

Gold Investment in a New Stage of the Latest Commodities Bull

Analysts suggest commodities such as gold and silver could do well during inflation, which is expected by some to “run wild.”

By AUGUSTA PRECIOUS METALS
17/10/2024
 Jim Willie: "BRICS Selling A Lot Of Treasuries & Buying Gold"

Jim Willie: "BRICS Selling A Lot Of Treasuries & Buying Gold"

Financial analyst Dr. Jim Willie predicts a seismic shift in global markets as BRICS nations ditch U.S. Treasuries for gold.

By ERAN TAL
16/10/2024
 China’s gold market demand rebounds, further strength predicted

China’s gold market demand rebounds, further strength predicted

New report from the World Gold Council suggests Chinese appetite for the yellow metal may have dropped slightly due to higher price, but a change is starting to be noticed.

15/10/2024
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