The Fed gives the green light to gold rally
(Kitco commentary) - Fed Chairman Powell indicated the Fed would do what was necessary to keep the economy rolling, adding new momentum to gold prices. Reading between the lines, he said: "We are your back-stop and will create whatever liquidity is needed."
Gold Treading Water Ahead Of Next Week's Fed Meeting
Gold is likely to continue trading in itÂ’s recent range into the Fed meeting next week.
Gold Price Risk Is To The Upside
As per our comment last week we remain constructive on gold and continue to see the risk to the bear camp.
Opinion: Gold And The Other Metals: Are You Committed To Your Strategy?
I generally receive negative comments whenever I suggest gold looks heavy or that engaging on the buy side should await a break of certain levels. But to set the record straight, I have no issues with investors holding gold as a percentage of their portfolios.