Is gold’s price drop just the beginning?

The collapse in the price of gold has surprised many investors, but it really shouldn’t be for those who know their financial history. Gold closed at an all-time high of $1,895 on Sept. 5, 2011. While it had dropped to $1,690 a year later, an upward swing caused many to predict that gold was again on [...]

Gold’s Declining Price Is a Reversion to the Mean

Bruce Bartlett held senior policy roles in the Reagan and George H.W. Bush administrations and served on the staffs of Representatives Jack Kemp and Ron Paul. He is the author of “The Benefit and the Burden: Tax Reform – Why We Need It and What It Will Take.” Since the beginning of the economic crisis in [...]

Gold Traders Split on Outlook as Asian Jewelers Buy: Commodities

Gold traders are divided on whether bullion will extend declines after the biggest plunge in three decades generated buying from investors and jewelers. Fifteen analysts surveyed by Bloomberg expect prices to rise next week, 14 were bearish and a further five were neutral. Gold tumbled 13 percent in the two sessions through April 15, the [...]

Can Gold Prices Go Lower? Absolutely Says George Gero, RBC

Gold slump tipped to fuel China’s acquisition hunt

The collapse in bullion prices is set to rekindle gold mining takeovers as Chinese companies, sovereign wealth funds and private equity and hedge funds step in to rescue cash-strapped small and mid-sized miners. Gold miners in China, the world’s biggest producer, have been chasing mines and listed companies in a bid to grow and match the largest global [...]