On Friday, the equivalent of 15 percent of the world’s supply of mined gold was dumped.
A new report of counterfeit gold bars has come up in New York City. Does this bode ill for the mania for investing in gold?
Olympic glory is priceless, but what’s the monetary value of the gold medal?
Has gold finally reached its peak, or will it continue going up? The precious metal has had a 10-year-plus bull run, but since 2008 it’s been on a tear. This week it breached the $1,900 threshold for the first time, before retreating a bit. Today gold moved up again. And soon, your employer may be
During all the market volatility the past few weeks, one asset class has seen a pretty steady climb: gold. As of Friday, its price was $1,747.90 a troy ounce and nervous investors are wondering if they should increase their allocation or add it to their portfolios. Gold is considered a hedge against inflation and a
There’s an old investment saying that smart money should never follow dumb money. In other words, when an investment class gets too pricey because other investors have been rushing in, it’s not the time to buy. Which brings us to gold: If you’ve had gold in your portfolio to counterbalance the fluctuations of the stock
Tiffany & Co., that purveyor of little-black-dressed cultural icons and simple but devastatingly expensive jewelry, announced that earnings for the first quarter more than doubled. “So what,” you say, while browsing the aisles at Sears? Well, when consumer spending loosens up, it’s a sign our economy is improving, and in many cases, it trickles down