Annual gold demand dips to 4,355.7t Gold demand fell 1% in 2019 as a huge rise in investment flows into ETFs and similar products was matched by the price-driven slump in consumer demand. The net result was a marginal 1% decline in annual demand to 4,356t. Global reserves grew byRead More →

In general, three main factors affect the price of gold in the long run: (1) the dollar, (2) the U.S. level of inflation and (3) monetary policy in the United States. Dollar The gold price stably negatively correlates with the Dollar Index. And it is actually normal because gold isRead More →

By Mike Gleason Craig Hemke Makes 2020 Prediction on Gold & Silver, Slams Biased Gold Naysayers. Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up we’ll hear an eye-opening interview with Craig Hemke of the TF Metals Report. Hear from the man who accurately predicted a yearRead More →

With the rising tensions between the United States of America and Iran, gold and the SPDR Gold Trust ETF (GLD) have gained about 6% within just a few trading days, which is quite a lot for the precious metal. After gold rallied from $1,270 in May 2019 to about $1,550Read More →

Gold’s haven appeal amid mounting U.S.-Iran tensions and uncertainty in the Middle East could turn sour following the precious metal’s recent price rally to near seven year highs. “The geopolitical instability is adding fuel to the fire,” said Maria Smirnova, senior portfolio manager at Sprott Asset Management, following a sharpRead More →