The team at Gainesville News is dedicated to bringing you relevant updates and analysis about the precious metals markets, as well as news in the broader financial markets. Our reporting reflects the crucial—and often overlooked—role that gold, silver, platinum and palladium play in the global economy, and how these metals interact with other assets and economic developments. We want to empower our readers with the latest information and industry perspectives on important events affecting the markets. We also provide occasional stories concerning geopolitics, important domestic developments, and other topics of interest. We always strive for objectivity and accuracy. Due to their diverse knowledge and professional backgrounds, our contributors also share their opinions where such insights may apply.
The precious metals opened flat Tuesday after President Trump offered sharp criticism of the Federal Reserve. Gold prices held near yesterday's close at $1,190 per ounce.
Renewed optimism about trade negotiations between China and the U.S. helped markets rebound Monday, pushing the gold price back near $1,190 per ounce.
Precious metals slightly higher on the spot market to end week. The US increases pressure on Turkey to release preacher, causing lira to slide again. Stocks held back by chipmakers, a day after decade-high earnings from Walmart sent Wall St higher. Soaring housing prices may begin to affect economy
Each of the precious metals saw their prices rise in early trading, recovering some of the losses from the previous trading session. Stocks also pointed higher Thursday.
All of the precious metals opened deeply in negative territory Wednesday morning. Gold slumped below $1,185/oz while platinum and palladium sank to their lowest in about a decade.
Global markets bounced higher Tuesday morning as fears about the Turkish currency crisis worsening and spreading were held in check. Spot gold opened modestly higher but was shy of $1,200 per ounce.
The currency crisis in Turkey continued to grip global markets Monday morning. A stronger dollar knocked gold prices lower, threatening to send the yellow metal below the $1,200 mark.
A considerably rare gold signet ring dating to Roman Britain was discovered by a metal detectorist working in collaboration with archaeologists in the County of Somerset in England.
The mint's forthcoming design series for U.S. dollar coins, the Innovation $1 coins, has come under heavy criticism from the numismatic press for its lack of creativity and coherence.
Global markets were in a bit of turmoil Friday as the Turkish lira and the broader Turkish economy appear to be on the verge of collapse. Gold prices opened unchanged but bonds saw demand.