Gold bulls have suffered years of disappointment, having seen their favorite metal’s price lose more than 40 percent from its all-time historic high of $1,924 an ounce in early September 2011. Last year alone the price of gold fell some 10 percent, leaving many investors, analysts, and financial-market pundits despondent about the prospects for gold in this New Year.Read more
By the time you read this Commentary, chances are the Federal Reserve, America’s central bank, will have announced its decision to raise, if only by a slim quarter-percentage point, its key Fed funds interest rate. This is the rate banks charge one another in the interbank market for short-term funds – and it influences the whole spectrum of interest rates across the economy.Read more
Despite increasingly strong supply/demand fundamentals, gold prices have continued to tread water – more or less within a narrow $100 range – having hit overhead resistance a few weeks ago near $1175 and now testing support near $1075 an ounce.Read more
For the past year and longer, financial-market expectations of U.S. Federal Reserve interest-rate policies have been the single-most important determinant of day-to-day fluctuations in the price of gold.Read more
Rosland Capital – a leading precious metals company based in Los Angeles – attended the 7th annual Honoring Our Heroes Gala at the Beverly Hilton Hotel on Sunday, October 4. As a patron sponsor, Rosland Capital showed support and raised money for homeless veterans in the local community.Read more
Rosland Capital – a leading precious metals company based in Los Angeles – today announced the creation of the Rosland Capital Fund in partnership with UCLA’s Veteran Resource Office at the Bruin Resource Center to provide education, wellness and financial resources for veteran students at University of California, Los Angeles. In September and January, Rosland Capital will donate a combined $10,000 to UCLA’s VRO to elevate success of its student veterans through programs offered during the Fall 2015 and Winter 2016 quarters.Read more
Traders and investors around the world are placing bets on whether or not the U.S. Federal Reserve, America’s central bank, will soon raise short-term interest rates given the continuing ambiguity in U.S. and global economic indicators and continuing volatility in world financial markets.Read more
Rosland Capital has wrapped its latest television campaign with gold-standard spokesman, William Devane. The ever-popular campaign, created and produced by InterMedia Advertising, will unveil all-new spots for the United States market this fall, and for the first time, will debut commercials produced for the UK market, created by London’s WPNChameleon.Read more
At recent lows around $1075 an ounce, has been trading at the lowest price level since February 2010. And, in recent days, the metal has been consolidating in a narrow range just under $1100.
Now, it looks to me like gold is poised to break out one way or the other – but the question remains, “Which way?”Read more
I’m just back at my desk from a fact-finding mission to Shanghai and other Asian gold-trading centers where I met with gold importers, traders, jewelry manufacturers, retail outlets, and exchange officials.
The key take-away: Just as weakness in Asian markets may have contributed to the latest gold-price slump, an imminent recovery of physical demand across the region could be the catalyst to higher prices later this year.Read more