Why is gold down today

America's trusted name in coin and bullion trading for 50 years. If you have difficulty reaching your Monex account representative, please email us at info monex. Of all the precious metals, gold is perhaps one of the most widely known. Throughout everyday life, we see examples of people assimilating the idea that gold is tied to wealth. However, precious metals investors know that owning gold can go much further than just having a gold watch or a gold chain. Investors who choose to add this rare, beautiful metal to their portfolio understand not just the value of its popularity, but also its value as an investment.

Gold News Headlines

Sign up for free newsletters and get more CNBC delivered to your inbox. Get this delivered to your inbox, and more info about our products and services. All Rights Reserved. Data also provided by. Skip Navigation. Markets Pre-Markets U. Gold and its underlying ETFs have more room to run, traders say. Lizzy Gurdus Thu, May 7th Gold is one of the few industries without a demand issue: Evolution Mining.

Gold's near-term tail winds grow as buyers pile into the market's largest ETF for the precious metal. Lizzy Gurdus Thu, Apr 30th Keris Lahiff Wed, Apr 15th Trading Nation. Gold just had best week since , and traders see a bigger surge ahead.

VIDEO Street Signs Europe. Government bonds won't be a sensible place to park money over the next few years, strategist says. Gold just cleared a seven-year high—here's what could be ahead for the precious metal. Gold nears seven-year high—Here's what investors should know. Capital Connection. Wouldn't be surprised to see a pause in US markets, strategist says. ETF Edge. Watch out for this 'anomaly' when buying precious metals like gold, investor warns.

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More In Gold. Here are the six ETF themes that will drive gains in , industry leaders say. Closing Bell. Newmont CEO on outlook for gold. Why this investing pro says the trade isn't over for gold. Matthew Miller: Gold miners had very impressive year. It's the 15th anniversary of the biggest gold ETF.

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Options Action. With gold near August lows, traders bet on more pain for one mining stock. Safety trades outperformed in the third quarter—here's what could lie ahead. Safety trades get a boost in the third quarter—what experts see ahead for Q4. ETF Edge, September 30, DoubleLine's Jeffrey Sherman warns against buying Treasurys, says gold could be smart recession play. Gold, bond and consumer staples ETFs see huge inflows—here's what experts would buy.

ETF investors flock to gold, bonds and consumer staples in search for safety. Gold hasn't done this in 13 years, and it could put the rally on ice. Gold just hit a 6-year high—here's how to trade it using ETFs. Stick with safety? Here are investors' best options in this volatile market.

ETF Edge, August 26, Futures Now. Futures Now: Gold facing pressure ahead of Fed meeting. Street Signs Asia. Gold represents a good overweight position: Societe Generale. Load More. News Tips Got a confidential news tip? We want to hear from you. Get In Touch. CNBC Newsletters. Market Data Terms of Use and Disclaimers.

Precious Metals News Headlines. Latest Today s news from all over the world. Yesterday news. Search Precious Headlines. Live gold news headlines, data, analysis, information, prices and charts from the global gold markets.

Retention of value, millennia-long history, scarcity, etc. A permanent bull market for gold is impossible. If the price of gold had risen consistently and measurably in value since the days of Tutankhamen, its price would now be infinite. The supply of gold is largely static from one period to the next.

The price of gold typically rallies when the market tumbles. That had been the case recently as the price of gold surged as investors bought gold and gold-related stocks on fears that the COVID coronavirus outbreak would impact the global economy.

Gold reversed course on Friday, tumbling as much as 4. Spot gold was down 3. A sharp rebound on Wall Street on Friday largely fizzled out following reports that U.

Why Gold Stocks Are Plunging Today

Gold prices have been acting a bit strange lately, with the haven metal plunging in the face of a dive in global stock markets hit by the spread of COVID and its impact on the economy in China and around the world. The precious metal usually finds support as a drop in the stock market tends to lift the haven appeal of gold, with benchmark stock indexes in the U. This time around, however, given the steep stock-market declines, gold has become the asset of choice among investors to generate cash. Prices fell 1. In the U.

Gold Prices Today

Gold prices in India have seen a big fall after hitting a record high last week Silver rates however edged higher today. Gold prices fell today in Indian markets today, tracking a decline in global rates. On MCX, June gold futures fell 0. Silver however edged higher on MCX with May futures edging 0. In global markets, gold prices dropped today to over one-week low amid a firm dollar. Investors also remained hopeful that economies will reopen from lockdowns. Spot gold rates fell 0. Among other precious metals, platinum fell 0. The dollar strengthened 0.

Latest figures for Chinese gold imports for September show another poor month - below those for August, but the likely Chinese shortfall is being counterbalanced by increases in the holdings of gold ETFs and a continued high level of central bank gold Latest Swiss gold import and export figures confirm huge change in trend away from Asia, but fall-off in Asian demand counterbalanced by big pickup in gold ETF holdings.

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3 Reasons Why Silver Price Is Down By 0.25% While Gold Is Up 0.50% Today

Five ways to invest in gold. Gold prices ease on firmer equities. Gold rate eases on profit booking. All rights reserved. For reprint rights: Times Syndication Service. Markets Data. Market Moguls. Expert Views. Technicals Technical Chart Visualize Screener. Forex Forex News Currency Converter. Views News. Market Watch.

Gold down about 4%; palladium faces worst week ever

Close 1, Because of its physical properties, it is resistant to air, moisture, heat and many solvents. Gold also has a high density. Gold is regarded as a secure investment and is very popular as a means of coverage in times of crisis. Its high value and its rarity and uniqueness make gold a secure financial investment which also withstands inflation. Gold was extracted in Egypt as early as B. This shows that people have always been fascinated by gold and by its rarity, durability and beauty. Because of its properties, gold is also one of the most important industrial raw materials. The yellow precious metal is easily workable and conducts electricity and heat. Because of its excellent conductivity, gold is used particularly in the electrical industry.