Gold futures (GC=F) opened at $4,007.20 an ounce on Monday, unchanged from Friday’s close of $4,009.80. The price of gold quickly surpassed $4,100, sending gold futures up 56% since the beginning of the year. There is a real mix of market influences, but gold prices remain higher or at least stable. For one thing, the…
Gold futures () opened at $4,001 an ounce on Monday, up 0.5% from Friday’s close of $3,982.20. The price of gold has remained between $3,910 and $4,040 since October 28. Over the weekend, China announced a change in its tax policy on gold. Previously, the country allowed retailers to offset a 13% value-added tax when…
Gold futures (GC=F) opened at $4,103.20 an ounce on Monday, down 0.4% from Friday’s close of $4,118.40. This is the first drop from the previous day’s closing number that we have seen since the summer. Gold’s slide continues a week after gold hit record highs, as many experts believe gold has been overbought in recent…
