Russian Finance Ministry is looking into eliminating the value-added tax (VAT) on gold purchases, potentially opening up demand to additional 50–100 tonnes per year, according to a Russian newspaper Izvestia.
Russia Considers Getting Rid Of Gold Tax To Boost Investment Read More »
There is a lot of risk on the horizon and investors will hedge against that uncertainty, driving gold prices higher in the coming months, according to one long-standing gold bull.
Defensive Investor Positioning To Drive Gold Higher — Analyst Read More »
After some healthy consolidation, gold could be ready to move higher next week as all the attention shifts to avoiding another U.S. government shutdown and U.S. macroeconomic data.
Wall Street and Main Street both remain bullish in the weekly Kitco News gold survey, in essence considering this week’s pullback as a correction in a market that still is still in an uptrend.
Wall St., Main St. Look For Gold To Regain Its Shine Read More »
A sign of a strong market is when prices see a corrective pullback in an uptrend, as traders step in do to some bargain hunting and “buy the dip.”
Gold, Silver Prices Up As Traders “Buy The Dip” Read More »
Gold-backed exchange traded funds have posted an outflow so far this month, says Commerzbank.
Commerzbank: Gold ETFs Post Outflows So Far In February Read More »
More than 40% of Venezuela’s gold reserves were sold off last year alone, as President Nicolas Maduro cashed in to keep the government running, according to media reports citing Venezuelan opposition lawmaker Carlos Paparoni.
Venezuela’s Maduro Sold 40% Of The National Gold Reserves Last Year Read More »
Gold and silver prices are trading near stead in early-afternoon U.S. trading Thursday.
Gold Sees Buyer Interest Squelched by Bearish Outside Mkts. Read More »
