Tov Hazel Market Comments
Always up-to-date with the latest news about the precious metal market.
Ron Schouten is author of the Tov Hazel Market Comments. His many years of experience in the precious metal market provide analyses that are spot-on.
The gold price has been steadily rising in recent months. Supported by a number of factors such as Brexit, the trade war, geopolitical tensions and a possible global recession. As a result, from October last year the gold price started a substantial increase of € 33,000 to € 45,000 per kilo this week. This meant in dollars per ounce from $ 1,200 ...Read More
Gold didn’t sustain its recent move above usd 1,200 per ozs as investors looked towards the improving technical picture for gold in a quiet period for news. A break above usd 1,200 was followed by gold peaking at usd 1,214 an ounce a few days later. This is despite ‘headwinds’ of optimistic economic data (usually not positive for gold). Gold has ...Read More
The World Gold Council has recently posted its analysis of the continued relevance of gold. As one might expect from the source, the WGC finds that gold is a strategic asset that can play several valuable roles in a portfolio. Toward this end, the paper offers a chart of gold’s returns over three distinct time horizons: 10 year, 20 year, and ...Read More