Analysts are calling for the gold price to be weaker at the start of 2015 before gaining momentum after the Fed makes a decision about interest rates. Read on to find out what else market watchers see coming in the year ahead.
Peter Schiff says his EuroPac Gold Fund is being launched to coincide with “the greatest buying opportunity that I’ve seen during the entire bull market in gold stocks.”
Gold Investing News asked Frank Holmes, Julian Phillips and Peter Schiff what happens to gold if the United States tapers quantitative easing. The experts also weigh in on how the new reality of $1,300 gold is likely to impact the major producers and junior gold explorers.
Peter Schiff, president and CEO of investment firm Euro Pacific Capital, recently predicted that the gold price will reach $5,000 per ounce. That’s hundreds of dollars away from its 2011 high point of about $1,900. Let us know if you agree in this survey.
May 5 brought the release of the World Silver Survey 2015, an extensive report conducted annually by Thomson Reuters GFMS on behalf of the Silver Institute. The document outlines key silver price, supply and demand trends for 2014 and includes some information into what may be in store for 2015.
Shanghai Metals Market reported that euro gold prices had their second-best weekly close in two years on Friday, rising 3.9 percent prior to Easter weekend as the single currency sank and spot gold jumped back above $1200 per ounce in dollar terms.
iNVEZZ.com reported that silver is under “heavy downward pressure” on the back of the US dollar’s rise to a near 11-year high. The dollar’s increase came on the back of expectations for strong employment data out of the US, plus anticipation of a US interest rate hike.
McEwen Mining’s largest shareholder has long been a proponent of gold, and remains so even in today’s tough times. Indeed, he told investors at a luncheon held Wednesday at PDAC that he continues “to believe we’re going to see higher prices in gold.”
While January proved to be a great month for gold, the momentum has reversed this month. Here’s a look at what caused February’s dramatic gold price decline and whether or not investors can expect to see an increase any time soon.
The Alternative Investment Market was down 0.03 percent, or 0.18 points on Friday, at 696.37 points.
The S&P/ASX 200 gained 1.5 percent on Friday, and 3.8 percent for the week, closing at 5,501.8 points.
What do Bart Melek, David Morgan, Martin Murenbeeld and Peter Spina think about gold, the US dollar and the removal of the Swiss franc cap? Read on to find out.
Full-year silver price estimates for 2015 are looking fairly conservative, but the consensus seems to be that a weak start to the year may lead to a stronger finish. Read on to find out more about what’s in store for the white metal moving forward.
Connect with our Featured Silver Stocks to receive the latest news and investor presentations.