Gold Silver Reports → Goldman Sachs Group Inc. says it’s time to bet against gold as bullion’s rally to the highest in a year isn’t justified, backing the bearish call with a comment from a former U.S. leader in a report that was issued, appropriately enough, on Presidents’ Day.
Silver
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European Stocks Rebound 3 pct, Dragging Gold Lower
Gold Silver Reports → Gold fell more than 2 percent on Monday as a rebound in stock markets pointed to a sharper appetite for risk, pulling down prices further from last week’s one-year high.
GOLD: Time for Pullback/Consolidation?
Gold Silver Report → Since the December lows, $GOLD has moved up +20%, and the advance this month has been nearly vertical (as in parabolic). At this point there are some signs that price needs to consolidate or pull back.
Global Demand Kick off in 2015
Gold Silver Reports – Worldwide demand for gold dipped 0.3% on the year to 4,212 tons in 2015, with overall demand for use in jewelry sinking 3% to 2,415 tons, the World Gold Council reported Thursday.
Gold Selling Opportunity at $ 1255 to 1260 Levels
Neal Bhai Reports ~ Gold is very unlikely to beat 1260 for a long time. If we get anywhere near this level again it is an excellent selling opportunity but needs at least a 10 Point Stop Loss. I would not really feel positive about Gold unless we broke above 1280.
Gold Prices is Expected to Achieve a Sustainable Increase
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.
Could Go to Gold $1300 iF Stocks Don’t Stop Falling
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.