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Gold Investing

All articles tagged with #gold investing

gold-investing1 month ago•19 min saved

Gold tests a critical halfway-back level, shaping trader bets

Gold futures rallied in August but pulled back to classic 50% retracement levels of recent moves, hovering near a key halfway-back area around 4,780 (between Jan’s high and Jul’s low) and another midpoint near 4,373. Prices dipped to roughly 4,370–4,380 before rebounding. Traders view these halfway-back levels as potential entry/exit points: sell near the line if price stalls or breaks through to signal continuity, and stay in or add if a reversal confirms.

via Yahoo Finance|

#fibonacci-retracement #gold #gold-investing

gold-investing1 month ago•19 min saved

Gold Climbs to Three-Month Peak on Treasury Buyback Boost

Gold jumped to a nearly three-month high after the U.S. Treasury said it would sharply increase buybacks of longer-dated debt, pushing yields lower and the dollar weaker and reviving bullion demand. Front-month gold rose about 2.8% to roughly $4,489.40 an ounce (its highest settlement since May 29), silver rose about 2% to $65.73, and mining stocks rallied as bullion prices strengthened. The move followed the Treasury doubling liquidity-backstop buybacks to $4 billion, with the 30-year yield falling to 5.19% and the 10-year to 4.65%. Despite inflation concerns still echoed in Fed minutes, a weaker dollar and lower real yields could sustain gold’s rally, though further gains depend on upcoming inflation data and yields.

via Yahoo Finance|

#dollar-index #gold-investing #gold-miners

economy1 month ago•25 min saved

US insolvency alarms spur calls for gold and real estate hedges in portfolios

New Treasury financial statements show federal liabilities far outstrip assets, with unfunded Social Security and Medicare gaps pushing total obligations well above $136 trillion. Economists warn the U.S. is effectively insolvent and warn of a fiscal catastrophe, even as currency-issuing power remains. The piece advocates diversification into hard assets like gold (with talk of upside to $10,000/oz) and real estate via fractional platforms, plus gold IRAs and professional planning to shield retirement funds. In short, the article urges portfolio diversification and hedges against potential dollar depreciation while noting the ongoing policy limits and risks.

via Yahoo Finance|

#economy #fiscal-catastrophe #gold-investing

gold-investing2 months ago•20 min saved

Gold Breakout Triggers Fresh Investor Interest as ETF Flows Turn Positive

Gold surged to a seven-week high last week, reclaiming the 50-day moving average and breaking a downtrend since March, with a 4% one‑day jump that helped futures push higher even as yields cap opportunistic gains. ETF flows swung from a February peak of about $40B into substantial outflows (toward -$20B), then reversed as money returned to precious-metals funds; Chinese gold ETFs added about $1.2B over 14 sessions, underscoring renewed demand alongside central-bank buying per the World Gold Council. Goldman Sachs notes trend followers could flip to a net long of more than $10B if the breakout persists. The immediate test for bulls is holding above $4,000 and clearing the 200‑day moving average near $4,500, which could open room for further gains if momentum holds.

via Yahoo Finance|

#central-banks #etfs #gold