Despite the low expectations for any change in policy, the ECB has surprised the markets as it has cut down the interest rate by 0.25 percentage point to 0.25% – its lowest level in history. From the other side of…
The Bureau of Labor Statistics published its monthly report: Total U.S. employment increased at a lower than expected rate – based on the ADP report, private non-farm payroll increased by 166k during September: The recent U.S. employment report, which was…
The prices of gold and silver spiked during August to their highest levels in recent months. Looking forward, will gold and silver continue their upward trend? Let’s examine the latest developments that may affect the progress of gold (GLD) and…
The Bureau of Labor Statistics came out with it monthly report: Total U.S. employment rose at a lower than expected rate – according to the ADP report, private non-farm payroll increased by 176k during August: The latest U.S. employment report,…
The Bureau of Labor Statistics published it monthly update: U.S. employment increased again but by a lower than expected pace – according to the ADP estimate, the non-farm payroll rose by 200k during May: The recent U.S. employment report, which…
The gold market hasn’t performed well during the year: The price of gold fell by more than 20%. This tumble has also adversely affected gold companies such as Barrick Gold (NYSE: ABX): Share of the company plummeted by more than…
Gold and leading gold ETF SPDR Gold (NYSEMKT: GLD) have recently rallied, but they haven’t performed well during most of the year: During 2013, the price of gold declined by 23%; the price of GLD fell by 22.9%. Moreover, GLD’s…
Silver imports in China have decline in recent months. Conversely, China’s gold imports continue to pick up. The sharp drop in the prices of gold and silver are likely to only pull up the demand for gold and silver in…
The U.S. employment rose again by a higher than expected pace – based on the ADP estimate, the non-farm payroll increased by 195k during May: Based on the recent U.S. employment report, which was published today, July 5th by the…
Shares of Royal Gold, Inc. (NASDAQ: RGLD), much like many other gold companies’ stocks, haven’t performed well during 2013 (up to date) as they tumbled down by more than 35%. Nonetheless, Royal Gold’s business model is different than other gold…