Why Gold May Be Approaching a Major Turning Point

Why Gold May Be Approaching a Major Turning Point:

Building the Case for a Market Floor
Why Gold May Be Approaching a Major Turning Point

Why Gold May Be Approaching a Major Turning Point

For prospectors, physical stackers, and long-term investors tracking the precious metals markets, the past several months have tested patience. Following a powerful run earlier in the year toward historic highs, spot gold has experienced a steady, tempered correction—pulling back roughly 20% to the $4,115 to $4,150 range. (more…)

Jump in Gold Price

Jump in Gold Price

Based on the latest available data, the spot price of gold has experienced a significant jump today and has seen a substantial increase year-to-date.

Jump in Gold Price

Jump in Gold Price

Gold prices reached an all-time high today, with the spot price for one troy ounce climbing to over $3,530. This surge is attributed to several key factors:
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