Buying Gold may not be as bad as we reported that it was in this article on fed cuts affecting gold prices. Gold jumped nearly $25 on Friday. Gold is now back over $900 an ounce, and as analysts continue to predict oil heading higher, gold may still be a great buy for those looking [...]
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Feds News Wasn’t Bad for Gold Buyers
Filed Under: Gold News, Interest Rates Tagged With: Buying Gold, Federal Reserve, gold, investing, precious metals, silver
Fed Says No More Rate Cuts, Gold May Suffer
The price of gold retreated today on the Feds announcement that they were most likely done cutting rates. This announcement came while oil continues to rise and the market remains shaky. Gold, which is one of those safe havens for dollars, especially when the dollar is weak as it is now, may suffer at the [...]
Filed Under: Gold Prices, Interest Rates, Stock Market Tagged With: Buying Gold, commodities, Federal Reserve, Gold Investing, Interest Rates, oil