Gold price wobbles on renewed vaccine hopes
The rally in gold, which surged to a record high nearly two weeks ago, is beginning to lose steam with hopes for a coronavirus treatment and signs of improving economies…
gold price
Editorial: Investors wake up to the appeal of gold
If the price of gold in a local currency is a measure of national risk, then the United Kingdom is apparently in a worse place than during the Black Death…
B of A forecasts US$3,000 gold, US$35 silver on ‘financial repression’
In April, Bank of America Global Research increased its 18-month price target on gold from US$2,000 per oz. to US$3,000 per oz. and forecast an average gold price in 2020…
Gold breaks US$2,000 to all-time record high
Gold’s rally took another upturn on Tuesday, as it surpassed US$2,000 per ounce. By midday, spot gold had hit US$2,009.20 per oz., and at press time in Toronto had reached…
ETFs drive gold price in Q2 as physical demand falls: Refinitiv
As the gold price breaks through US$1,900 per oz., Refinitiv has released its review of the gold sector in the second quarter, providing insight into where the demand is coming…
Rising gold price and reserve depletion to drive M&A, Bank of America says
The total transaction value of mergers and acquisitions in the second quarter of the year reached US$2.86 billion in twelve deals, with Chinese buyers acquiring gold assets and smaller companies…
Massive stimulus programs send gold to 7-year high: analysts
Gold has tallied its fourth straight session gain, continuing its rally last week, which saw the price of the precious metal reach its highest in more than seven years. Gold’s…
Gold climbs to highest level since 2012
The gold price rallied again on Thursday, as investors sought a store of value after the Fed said it was pumping an additional US$2.3 trillion in the US economy to…