Why geopolitical events are not a good reason to buy gold

2020-01-06

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 →

Gold holds above $1,500 ahead of this week’s Fed meeting

2019-10-28

Gold futures edged lower Monday but held above the psychologically important level of $1,500 an ounce as traders await this week’s Federal Reserve policy meeting. Gold for December delivery GCZ19, -0.33%  on Comex fell $4.30, or 0.3%, to $1,501 an ounce, while December silver SIZ19, -0.06%  edged 1.9 cents higher,Read More →

Why target-date funds are the best retirement investment

2019-09-04

There’s not much that’s flashy or glamorous about a target-date retirement fund. It’s kind of boring, actually. But in this case, boring is brilliant. Really. I’m in the process of writing a new book to teach young investors how to maximize the probability that they’ll have more than enough moneyRead More →

Gold under pressure for a second straight session

2019-08-29

Gold prices headed lower for a second straight session Thursday, pulling back from the more-than-six year highs seen earlier this week, as China calmed some fears over trade tensions, prompting gains in the stock market and dulling haven demand for the yellow metal. Geopolitical worries were soothed after a spokesmanRead More →

Gold prices see muted trade as stocks attempt tepid bounce

2019-05-30

Gold futures on Thursday were swinging between slight gains and losses as equity markets drifted higher amid persistent worries about U.S.-China trade tensions and fears of sluggish global economic growth. Gold for August delivery on Comex GCM19, +0.40% most recently, was down $1.30, or 0.1%, to trade at $1,285 anRead More →