Avoid chasing gold. Use this options trade to generate income instead.
Strong Start for Precious Metals in 2026 Precious metals, particularly gold, are showing significant gains at the beginning of 2026. Gold SPDR (GLD) has risen by 7% since the year started, while the S&P 500 has remained fairly stable. Investors seem eager to dive into major precious metals ETFs, with trading volumes soaring even this […]
Investment expert Howard Marks challenges the idea of gold as a reliable store of value and states that there is no accurate price for the metal.
Gold as a Store of Value: A Critical Perspective When it comes to safeguarding your assets, many might think of gold, but that perspective is worth reevaluating. This is especially interesting given the significant increase in gold prices over the past year. However, billionaire investor Howard Marks highlights the uncertainty in determining whether precious metals […]
Gold prices in India: Rates for January 15
On Thursday, gold prices in India saw a decline, according to FXStreet’s data. The price dropped to INR 13,381.41 per gram, down from INR 13,493.33 the day before. Similarly, the price per tola fell from Rs 157,383.50 to Rs 156,078.80. FXStreet determines India’s gold prices by adjusting the international rates (USD/INR) to local currency and […]
Impact of soaring gold and silver prices observed in East Texas stores
Precious Metals See Significant Price Increases LONGVIEW, Texas – Over the past six months, the prices of precious metals have surged dramatically. Silver has soared from approximately $38 an ounce last August to around $93 an ounce as of Wednesday. Meanwhile, gold has risen from $3,400 to $4,600 an ounce. Investor Alex J. Smith often […]
Stock Indexes Decline Following Bank Earnings, Inflation, and Retail Sales Reports; Gold and Silver Reach New Record Highs
Market Update: Stocks Drop, Gold and Silver Surge Major stock indexes took a hit on Wednesday, while gold and silver prices climbed to record levels as investors processed recent bank earnings and the latest information on wholesale inflation and retail sales. The tech-heavy Nasdaq, along with the S&P 500 and the Dow Jones Industrial Average, […]
Investors believe that resource nationalism might drive gold prices to $5,000 and silver to $100 this year.
As 2025 wrapped up, gold and silver prices reached all-time highs after an impressive rally. Now, money managers are optimistic about the potential for these metals to break new records this year, driven by supply issues, global political tensions, and worries over central bank independence, which all contribute to rising demand. On Monday, gold soared […]
Is the IRS aware when you purchase gold?
Gold Investment Insights In recent months, there’s been a noticeable uptick in gold prices, with the current rate exceeding $4,620 an ounce—an all-time high. This surge has understandably caught the eye of many investors, especially given the current economic climate. Gold is increasingly viewed as an appealing method to diversify portfolios, attract quick returns, and […]
Olympic gold medalist Jim Hartung has passed away at the age of 65.
Jim Hartung, Olympic Gymnast and Coach, Passes Away at 65 Jim Hartung, a former Olympic gymnast who played a significant role in U.S. gymnastics, has died at the age of 65. He was recognized for winning a gold medal during the 1984 Olympics and was a key member of the Nebraska Cornhuskers’ national championship team. […]
Gold price update for today, Monday, January 12: Gold reaches over $4,600 following Powell subpoenas
Gold Futures Update Gold futures started the week at $4,529.10 per troy ounce, reflecting a 0.6% increase from Friday’s closing price of $4,500.90. Prices even surpassed $4,600, marking a new all-time high. Gold experienced a surge following an announcement from Federal Reserve Chairman Jerome Powell regarding a Justice Department subpoena aimed at the central bank. […]
US stocks fall, gold rises after criminal investigation into Fed chair is announced
Wall Street Reacts to Investigation of Fed Chairman Wall Street faced turbulence early Monday when federal prosecutors announced a criminal investigation into Federal Reserve Chairman Jerome Powell. This move sent waves of concern through the markets, raising fears of potential political interference at the central bank. In premarket trading, Dow futures plunged over 350 points, […]