Gold Price Nosedives Below $1,500 Following Central-Bank Deluge

The price of gold declined on Thursday, snapping a three-day winning streak after central banks around the world provided a muddied outlook on monetary policy. Gold Slides; Silver Follows The yellow metal fell by as much as 1.3% on Thursday, as investors reacted to central-bank statements in Washington, Tokyo and London. Futures for December gold … Read more

Gold Price Makes Comeback Rally Over Mideast Tensions

gold bullion

Gold’s price staged a large relief rally on Monday, as investors’ risk appetite soured following the latest developments in the Middle East. Dow futures also fell sharply ahead of the opening bell in New York, mirroring a subdued market for stocks. Gold Rises; Silver Follows Precious metals advanced sharply on Monday even as the U.S. … Read more