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Gold has had an incredible run … but what’s next? A couple of weeks ago I was asked my opinion in TV interviews about the queues of investors lining up and down the street outside gold bullion stores. I explained that, for me, it was a sign that gold was at its peak and investors… Read more »
The price of gold continued to surge this week at $US 4,300 an ounce, then fell 7 per cent on overseas markets on Wednesday morning. In a recent newsletter, I explained that the price of gold tends to rise during times of political and economic uncertainty, as investors turn to it as a safe store… Read more »
Over the last couple of months, I’ve been talking about the rise in the value of gold. This week the value of the precious metal topped $US 4,000 an ounce and in Aussie dollar terms, it broke through AU$6,000 an ounce. The below chart tracks the return on gold (the orange line) compared to the… Read more »
We’re in the midst of a modern-day gold rush fuelled by the global panic from Donald Trump’s tariff war and his wider financial and economic strategies. When investors and financial markets are spooked they retreat to the safety of cash and gold. This week the gold price set all-time highs of over US $3,000 an… Read more »
