Gold Investment

In the recent weeks, the gold and silver markets have seen a resurgence, driven by the weakening US dollar and muted inflationary pressure, as reflected in last week’s CPI data. The DXY closed at 99.96, marking its lowest point since April of the previous year, and pointing to a dismal technical outlook for the dollar. In light of this, many investors are weighing the merits of gold and silver, and trying to determine which is the better investment. Both metals possess their unique advantages and historical contexts that shape their…

The dawn of H2 2023 provides us with the opportune moment to reflect on the half-year performance of the commodities market. According to our regularly updated Periodic Table of Commodities Returns, just two commodities yielded positive returns during the first half of the year: lithium and gold. Riding High on Lithium In H1 2023, lithium carved out a 10.81% return, a performance that crowned it the best-performing commodity. It was also one of only two commodities to record a positive return during this period; the other was gold. Other commodities…

Let’s explore the intriguing relationship between banking failures, the debt ceiling debate, and their potential effects on the price of gold. As an economist and gold expert, I will provide insights into how these two significant factors may influence the price of this traditionally safe-haven asset amidst economic uncertainties. Gold prices have remained relatively stable following the recent compromise on the debt ceiling. However, their future trajectory could be significantly influenced by the actions taken by the Federal Reserve. These actions could range from interest rate adjustments to changes in…

Articles From: State Street Global Advisors By: Maxwell Gold, CFA, George Milling-Stanley, Diego Andrade, Robin Tsui, CPA, CAIA, CA Heading into 2023, gold’s prospects looked positive despite muted performance in 2022 and a similar consensus sentiment among market participants. And gold has certainly shone brightly on an absolute and relative basis thus far in 2023: Year to date, gold posted a 7.61% return compared to 7.68% for global equities and 3.03% for global fixed income. Over the last 12 months, gold has outperformed both global equities and global fixed income…

Gold is having a moment; one we believe is likely to continue. The precious metal has risen over 8% so far in 2023, thanks to a combination of positive factors. Here are three reasons gold has been moving higher and why investors may consider making a tactical allocation. The end is near: There’s no guarantee, of course, but it’s likely the May rate hike will be the last of the Federal Reserve’s tightening campaign, which began in 2022. Expectations of a Fed pause have prompted weakness in the dollar, benefiting gold…

Investing in precious metals is an age-old method of wealth preservation, often serving as a hedge against economic uncertainty and inflation. Today, we focus on two of the most popular choices – gold and silver, but with a twist: instead of investing in physical assets, we delve into the world of mining stocks. Here, we’ll introduce the top 5 gold and silver mine stocks that you may want to consider. TOP 5 Gold Mine Stocks Newmont Corporation (NYSE:NEM): As one of the largest gold mining companies in the world, Newmont…

Gold and gold mining stocks have historically been sought by investors as a defensive play during times of economic uncertainty, one of the biggest reasons being that these assets have had a low to negative correlation to the broader equities market. For the 40-year period through May 9, 2023, the correlation between the S&P 500 and the Philadelphia Gold and Silver Index was negative 0.01, suggesting that the two have moved in opposite directions. As for when we might see a recession, the economic data continues to be mixed. On…

On 3rd May, gold very narrowly missed breaking its all-time high achieved in August 2020. As of this writing on 11th May, gold is holding its ground comfortably above the $2000/oz mark. Gold’s recent rally was triggered in November last year when markets began foreseeing a slowdown in inflation in 2023 and the US Federal Reserve (Fed) toning down its hawkish rhetoric. As a result, despite subsequent interest rate increases, 10-year Treasury yields have pulled back and dollar has depreciated – both tailwinds for gold. Additional support came from the…

The consequence is that the regional banking crisis is already worse than the global financial crisis—by one metric, anyway. According to the official rules of Monopoly, the bank can never run out of money. Obviously that’s not always the case in the real world. We’ve already seen three regional banks fail in the U.S. so far this year, and we may see more as depositors continue to move cash from smaller institutions to those perceived to be safer. According to the latest data, bank deposits are shrinking at the fastest…

Introduction In the midst of the current financial instability and the looming specter of a recession, one asset class continues to show promise: gold. With its historical reputation as a safe haven asset, gold is seemingly on the brink of a significant breakout, offering potentially profitable opportunities for discerning investors. This post delves into the factors contributing to this situation and the potential benefits of investing in gold, particularly through the SPDR Gold Trust (GLD). The Regional Banking Crisis and Its Impact on the Gold Market The first cog in…