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Gold Silver Reports ~ Allocated Bullion Exchange [ABX] has launched the world’s first global institutional e-Exchange for allocated physical precious~metals, which will provide market participants integrated, transparent, and secure access to local markets and global liquidity—pools.
Gold Silver Reports ~ compared with previous years, the rise in the price of gold is expected to achieve a sustainable increase, due to a weaker dollar, oil prices and concerns about the global economy, activate the safe-haven status of gold, making it the world financial market darling.
Gold Silver Reports ~ Gold took a breather on Friday after soaring 4 percent the previous day but was still set for its best week in four years after stock market turmoil sent investors into safe haven assets.
Gold Silver Reports ~ Crude Oil Prices Zoom after Reports By Energy Minister of OPEC- member United Arab Emirates sparked hopes of a coordinated production cut, but oversupply concerns damped gains.
Stocks tumbled and gold prices surged to a one-year high with Federal Reserve Chair Janet Yellen unable to stop the latest market upheaval
In markets, there are always monsters in the dark—some real, some stitched together by imagination and fear. Right now, many currency traders appear to have been spooked by the spectre of the Federal Reserve losing its independence, haunted by talk of political meddling and looming economic weakness due to White House polices. These ghosts of institutional decay and “threadbare” doom narratives have crept into probability matrices across trading desks, pulling even seasoned hands off their compass bearings. Yet, in the middle of this haunted house, the dollar still stands upright—scarred, yes, but hardly broken.
