Gold Predictions | GoldAlert

Gold Price Stagnant- $1,466.10/oz

The price of gold was stagnant this morning, dropping $6 to $1,466.10 an ounce.

May 1 2013 | Read More »

To Buy Gold or Not?

Should you buy gold or not? That’s the question and everyone seems to have an answer. Unfortunately they’re never the same.

Apr 29 2013 | Read More »

Gold Price Declines, Analysts Divided on Outlook

GOLD PRICE NEWS – The price of gold turned lower on Thursday amid widespread weakness in precious metals. The spot gold price fell by as much as $22.03, or 1.3%, to $1,664.27 per ounce in morning trading, but subsequently pared its losses on its way back to the $1,672 level. Today’s sell-off in gold prices [...]

Jan 24 2013 | Read More »

Gold Prices Consolidate, GFMS Affirms Bullish Outlook

GOLD PRICE NEWS – The gold price oscillated between gains and losses on Wednesday as precious metals consolidated following their recent stretch of gains. The spot price of gold held in a relatively narrow range between $1,673 and $1,685 in overnight trading, and hovered back near unchanged at $1,677.60 per ounce later this morning. The [...]

Jan 16 2013 | Read More »

Zulauf Sees Gold Reaching $2,200 on Way to New High

“The de-basing of currencies is fundamentally bullish for gold, long term. As long as real interest rates remain negative, the fundamentals for gold remain supportive.” The above comment is from a recent interview by FusionMarketSite with Felix Zulauf, a noted hedge fund manager and long-time gold bull. He has been President of Zulauf Asset Management [...]

Jan 8 2013 | Read More »

Outlook for Gold “Hasn’t Been Dashed” by Its Recent Weakness

Unanimously Recommends Rejecting Alamos Offer

GOLD PRICE NEWS – The gold price inched higher during Monday’s holiday-shortened session despite modest strength in the U.S. dollar. The spot price of gold advanced by $3.01, or 0.2%, to $1,658.88 per ounce while the U.S. Dollar Index rose 0.1% to 79.660 against a basket of foreign currencies. The SPDR Gold Trust (GLD), the [...]

Dec 24 2012 | Read More »

Current Gold Price Weakness “Is Not Sustainable”

GOLD PRICE NEWS – The gold price oscillated between gains and losses on Monday as precious metals remained in their recent consolidation mode. The spot price of gold held steady near unchanged at $1,695.67 per ounce, while the U.S. Dollar Index inched down by 0.1% to 79.534. The SPDR Gold Trust (GLD), the world’s largest [...]

Dec 17 2012 | Read More »

Gold Price Consolidates, Awaits “Spark” to Fuel Rally

GOLD PRICE NEWS – The gold price turned slightly lower on Tuesday, giving back yesterday’s small gain as the yellow metal stabilized ahead of tomorrow’s Federal Reserve meeting. The spot price of gold rose to an overnight high of $1,715.89 per ounce, but slid this morning to as low as $1,706.12. The moderate decline in [...]

Dec 11 2012 | Read More »

“Conditions underpinning the gold bull-run largely remain in place”

COMEX gold futures settled slightly higher on Friday, as the February 2013 contract finished up by $3.70, or 0.2%, at $1,705.50 per ounce. In doing so, the yellow metal extended its year-to-date gain to 8.9% – and thus remains on pace for its 12th consecutive annual advance. With 2012 nearing its conclusion, many strategists have [...]

Dec 7 2012 | Read More »

Is a “Deeper Retracement” or a Rebound Ahead for Gold?

COMEX gold futures fell to as low as $1,686 per ounce in late morning trading on Wednesday, just as the U.S. Dollar Index reached its intra-day high of 79.845. However, the price of gold subsequently recouped the large majority of its decline to trade near unchanged at $1,695.50. The rebound coincided with the dollar paring [...]

Dec 5 2012 | Read More »

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