Gold Prices Surge to 6-Yr. High of $1,415, Back Off A Bit
Gold prices are now trading around steady levels in early morning U.S. trading Friday, after pushing to a six-year high of $1,415.40 in August futures in overnight trading. Silver prices hit a nearly three-month high overnight. Safe-haven demand heading into a very uncertain weekend is featured in the precious metals markets. Also, metals bulls are still feeling the positive effect of the Federal Reserve and European Central Bank leaning to easier monetary policies this week… (Continue to full article)
You Can’t Be Anything But Bullish On Gold After $1,400 Breaks
Patience has finally paid off for the gold bull, as demand for the precious metal has pushed prices to levels not seen in nearly six years.
Although gold prices are off their highs after breaking above $1,400, the market is still seeing its best weekly gains in more than three years. August gold futures last traded at $1,393.70 an ounce, up nearly 4% since last Friday. According to it some analysts, gold’s major breakout could be just the start of a long-awaited rally as investors adjust to shifting interest rate expectations… (Continue to full article)
Infographic – The Best Reasons To Own Gold
The most simple and compelling argument for owning gold for the average investor is to diversify a portfolio. So says this latest infographic in the Gold Series, which also highlights other classic reasons put forward for owning a little yellow metal.
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Protecting Your Wealth is heard at 3:00 p.m. (Eastern Time), each Tuesday and Thursday on Republic Broadcasting Network. Jeffrey Bennett, host of the program will be sharing over 60 years of his personal experience in the precious metals markets, in addition to educational commentary regarding YOUR financial health and welfare.
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