Stack of gold coins increasing from a few gold coins to many gold coins

Gold is 2016’s Most Beloved Asset

Gold bugs are among the only smiling investors these days. Prices have jumped 6% this year to $1,127 an ounce. That makes gold the best performing commodity and one of the only major assets to post a sizable gain in 2016. By comparison, stocks have had a dismal start to the year: The Dowis down…

Untouched array of fine gold bars net weight of 1000 grams each

Gold Futures Book Best Settlement in 3 Months

Gold futures on Monday register their highest settlement in about three months, as a slide in oil and the U.S. stock market highlighted continued demand for assets perceived as havens amid jitters about the global economy. April gold GCJ6, -0.08% gained $11.60, or 1%, to settle at $1,128 an ounce. The settlement was the highest…

Hand holding 200 gram fine gold bar with stacks of larger gold bars in yellow background

Three Reasons to Hold Gold in 2016…

As the ‘fear trade’ continues to push more investors towards gold, an interesting infographic began circulating the wire giving three reasons why it may be a good idea to hold some of the yellow metal in your portfolio this year. Investors have shown a renewed interest in gold since the beginning of the year as…

Gold coins marked with the dollar sign and red arrow pointing upwards as gold prices climb

Gold Prices Jump after Weak U.S. Jobs Data

Gold prices jumped Friday after U.S. jobs data came in far lower than expected, signaling continued sluggish economic growth and easing expectations of an interest-rate increase this year—adding up to a bullish backdrop for safe-haven assets such as precious metals. Gold prices were down nearly 1% earlier in Friday’s trading session but reversed losses after…