Value of gold stored by Irish metals broker GoldCore surges past €100m

Value of gold stored by Irish metals broker GoldCore surges past €100m

] Investment in gold has risen during pandemic The value of gold coins and bars stored for clients by Irish precious metals broker GoldCore has surged 68pc so far this year to more than €100m. Gold prices last week topped the $2,000-per-ounce level for the first time as investors seek havens from the pandemic. “We … Read more

Perfect Storm for Precious Metals Leads to Price Correction

Perfect Storm for Precious Metals Leads to Price Correction

] Gold fell by nearly 6% yesterday and silver by a whopping 15%, the largest one day loss in over 7 years.  Gold Price Chart The futures market saw massive volumes of selling with over 1.6 bn ounces of silver contracts sold yesterday. That’s a value of over $40 billion.  Silver Price Chart But what’s … Read more

Opportunities in Short Term Weakness in Precious Metals [Charts]

Opportunities in Short Term Weakness in Precious Metals [Charts]

] Momentum selling took gold and silver through more levels of technical support yesterday the market dealt with a number of negative influences. The recent increase in volatility has forced a increase in margin requirements which tends to fuel short term selling in precious metals. This coupled with continuing short term weakness in the equity … Read more

[Video] Precious Metals Nowhere Near Cycle Highs – Brace for Gains!

[Video] Precious Metals Nowhere Near Cycle Highs - Brace for Gains!

] In today’s video GoldCore’s Mark O’Byrne is interviewed by the Wealth Research Group, discussing the start of a new bull run for gold and silver and what we can expect. Some of the areas Mark touches on today include… What investors are currently buying The importance of owning physical gold Comparing golds performance with … Read more

[Chartwatch] Long Term Gold/US Dollar Cycles Show Big Trends for Metals – Part 1

[Chartwatch] Long Term Gold/US Dollar Cycles Show Big Trends for Metals - Part 1

] This months Chartwatch features an article that has been reproduced with the kind permission of Chris Vermeulen of TheTechnicalTraders.com. Chris will be a guest on GoldCore TV in the New Year and this article will serve as a great introduction to Chris’s work in technical analysis… Over the past few months, my research team … Read more