Gold investors are fretting. The price of gold has held steady at $1200 for around the last six weeks. So, investors are wondering whether they should sell their holdings before gold drops any further. We are going to look at what exactly is going on and what the future holds so you can make an […]
filed under: Commodities
Is There Life In Sterling? UniCredit Say It’s Complicated
Forex strategists are still trying to work out the perceived value of British Sterling ahead of laborious Brexit negotiations. Whilst the House of Commons continue to squabble over details, GBP potential is on hold. Britain’s Gross Domestic Product (GDP) has crawled to a 0.1% climb in 2018, it’s weakest ascent in five years, and feebly […]
Geopolitical Factors Prompt Buying in Gold
The financial markets have a long and storied history — and some of the most popular assets at the global can in seen in precious metals. Some of the most valuable examples here include gold, silver, and platinum as each is well-known for its ability to remain stable and provide investment opportunities in the markets […]
Pound Falls on Slow Wage Growth as Dollar Climbs on Rate Hike Talk
The pound tumbled to a low on Wednesday after a disappointing jobs report, which showed slowed wage growth at the end of 2016. The report highlighted concerns that consumer spending will decrease in the near future. The pound fell 0.32% against the dollar, trading at 1.2426. Before the release of the report, GBP/USD was trading […]
Solar Power by Rooftop Panels Challenges Dallas Texas Oil Companies
Solar is booming nationwide. The price of solar panel installation is falling to very affordable levels. Solar was first seen in novelty products during the 1950s. Calculators and radios featured fully functioning solar panels. The price of the technology was still too expensive for widespread usage. Today solar is starting to power more cities than […]
Will Gold Continue Rallying?
Gold has gotten a lot of attention over the last year, as valuations in assets tied to the metal have met with significant rallies during the period. This year alone, we have seen gold prices rise from 1074.61 USD/t oz. to 1337.10 USD/t oz., indicating a rise of 24.42 percent. Falling GDP growth, weak employment […]
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