Gold Surges To All Time Record Highs At $1,974/oz In Australian Dollars

Gold Surges To All Time Record Highs At $1,974/oz In Australian Dollars

] GoldCore NoteGold is lower in dollars today despite increasingly dovish signals from the Federal Reserve, ECB, Australian central bank and other central banks as economies slow. Gold has surged higher in Australian dollars again this week and reached a new all time record high in the Aussie dollar yesterday at $1,974/oz. This is due … Read more

Gold Consolidates Near All Time High In British Pounds

Gold Consolidates Near All Time High In British Pounds

] Sterling is under pressure today and gold near all time record highs in sterling (see chart) due to the likelihood that Britain’s ruling Conservative party will elect Boris Johnson (aka ‘BoJo’) as its new leader and Prime Minister today. Gold In Sterling Nears Record Nominal Highs The result of the weeks-long internal party election … Read more

Gold Surges To $1,475/oz and All Time Record Highs In Pounds, Yen, Canadian and Australian Dollars

Gold Surges To $1,475/oz and All Time Record Highs In Pounds, Yen, Canadian and Australian Dollars

] Gold prices have surged in dollars and all currencies due to the escalation in the trade wars and a return to currency wars between China and the U.S. Gold in USD – 10 Years – GoldCore.com Gold surged as much as 2% in dollars yesterday and has consolidated on those gains today. It is … Read more

Gold Steadies After Surging To All Time Record High In Euros At €1,392.60/oz

Gold Steadies After Surging To All Time Record High In Euros At €1,392.60/oz

] * Gold in euros surged to a record high at €1,392.60/oz and the Australian dollar hit new record highs yesterday * Gold surged to a more than six-year high in dollars yesterday surpassing $1,550/oz in early trade prior to falling to $1,530/oz *Investors are seeking safety from a host of uncertainties including heightened U.S.-China … Read more

Gold At 2 Week High At $1,523/oz On Global Economy Concerns; Palladium At All Time Nominal High

Gold At 2 Week High At $1,523/oz On Global Economy Concerns; Palladium At All Time Nominal High

] Gold climbs as weak eurozone data underlines fears over global growth Gold hits 2-week high on growth fears, palladium scales new peak Global stocks sink on dismal economic data, mixed trade signals European Central Bank Pressures EU Countries To Stimulate The European Economy The Coming Currency War 2.0: Digital Money vs. the Dollar Fed’s … Read more

A ‘Great Time To Rebalance Investment and Pension Portfolios’ – Newstalk Interview

A ‘Great Time To Rebalance Investment and Pension Portfolios’ – Newstalk Interview

] How Is Gold Doing and What Is The Future Outlook? ‘All That Glitters Is Gold’ – Click To Listen ◆ Negative interest rates and $250 trillion of global debt has turned the world of investments and pensions “on its head” ◆ Gold is doing very well and is up 17% in dollar terms so … Read more

Germany Increase Gold Reserves In September For The First Time In 21 Years – IMF

Germany Increase Gold Reserves In September For The First Time In 21 Years – IMF

] Source: Bloomberg ◆ The gold reserves of the German Bundesbank rose in September for the first time in 21 years; German gold reserves rose to 108.34 million ounces in September from 108.25 million ounces last month ◆ It was the Germany’s first gold purchase since 1998 and while the amounts are not huge at … Read more

Time To Replace Bonds With Gold

Time To Replace Bonds With Gold

] Source: World Gold Council ◆ “It may be time to replace bonds with gold”according to the just released excellent new Investment Update by the World Gold Council. ◆ Central banks have shifted to a new regime of easy monetary policy, thus reducing expected bond returns. ◆ As negative yielding debt increases alongside stock-to-yield valuations to all-time highs, gold … Read more

Video: Has Germany Increased Its Gold Reserves For The First Time In 21 Years?

Video: Has Germany Increased Its Gold Reserves For The First Time In 21 Years?

] Watch Video Here ◆ Has the German Bundesbank increased Germany’s gold reserves for the first time in 21 years? ◆ The important story of how Bloomberg (and only Bloomberg via the Bloomberg terminal) reported that Germany had added to its gold reserves and that “Germany’s reserves climbed to 108.34m oz in September, the first … Read more

Gold Consolidates Near All Time Highs in Euros; Set For Weekly Gain and Monthly Gain Of 4% In USD

Gold Consolidates Near All Time Highs in Euros; Set For Weekly Gain and Monthly Gain Of 4% In USD

] Gold in EUR – 5 Years (GoldCore,com) ◆ Gold has rallied 0.4% to $1,581.70/oz today and is at £1,204.60/oz and €1,431/oz, very close to the all time record high in euros seen on January 8th ◆ Concerns about the coronavirus are leading to risk aversion which is impacting economically sensitive, risk assets in the … Read more