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Peter’s Blog

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Posts Tagged: “precious metals

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December 29, 2017Key Gold Headlines

Seven Things that Drove Gold News in 2017

On Dec. 31, 2016, the price of gold stood at 1,156.00. Today, it is knocking on the $1,300 mark. The yellow metal is on track to gain about 12% in 2017, its best year since 2010. Gold has made these gains despite a number headwinds that we would expect to put a significant drag on gold. […]

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December 14, 2017Key Gold Headlines

Some Key Reasons Gold Should Shine in 2018

The last few weeks have been tough on gold. If you have a short-term mentality, you might even think the gold market has gone bearish. But as World Gold Council chief market strategist John Reade pointed out in a piece he wrote for the December issue of WGC Gold Investor, 2017 has been good for […]

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November 27, 2017Key Gold Headlines

Is Bitcoin a Threat to Gold?

Some people were predicting Bitcoin would push through the $10,000 level before the end of the year. At the rate it’s going, it may happen before the end of the month. Bitcoin is on a roll. The cryptocurrency broke $9,000 over the Thanksgiving holiday and quickly pushed up to $9,700. There are also increasing signs […]

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November 21, 2017Key Gold Headlines

Platinum Shortage on the Horizon

There’s a significant platinum shortage on the horizon according to an industry report. According to a quarterly report released by the World Platinum Investment Council, a resurgence in demand for platinum jewelry, increasing industrial demand, along with falling production, will lead to a shortfall of 275,000 ounces in 2018.

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