coronavirus gold Archives - Rethinking the Dollar

Gold prices to reverse course next week? All eyes on surging U.S. unemployment numbers

Mar 21, 2020 | Gold

Markets continue to be extremely volatile, keeping gold prices on edge. But analysts are not ruling out a temporary course reversal from recent losses. Major U.S. stock indexes kept jumping from green to red on Friday as gold struggled to retain its daily gains with...

Still Time to Buy Gold, Says Jim Cramer

Mar 18, 2020 | Gold

This week, Your News to Know rounds up the latest top stories involving gold and the overall economy. Stories include: Jim Cramer advises Americans not to miss the boat with gold, why now is the time to move into gold, and gold’s drop reinforces its safe-haven status....

Why You Should Buy Gold Now!

Mar 11, 2020 | Gold

Gold is known as the safe-haven asset, and whenever we see a meltdown in the equity markets or prospects of loose monetary policy, its price begins to explode to the upside. Currently, the gold price has a strong negative correlation with the equity markets meaning...

Is Gold The Best Game In Town As Markets Crash?

Mar 9, 2020 | Gold

Monday trading has seen another bloodbath emerge on global stock markets. As if coronavirus panic wasn’t enough to rock investor confidence, the breakdown of relations across the OPEC+ group — and fears that waves of oil from Saudi and Russian wells are about to hit...

Gold pulls back modestly from yesterday’s strong gains

Mar 4, 2020 | Gold

(USAGOLD – 3/4/2020) – Gold pulled back modestly from yesterday’s strong gains inspired by the Fed’s aggressive half-point rate cut. It is trading at $1642 – down $4 on the day. Silver is down 13¢ at $17.16. The cut played to mixed reviews on Wall Street. Some...