Each and every week we bring you pertinent news related to gold and the overall economy. This week, the World Gold Council forecasts a positive return to past, high levels of global gold demand, the ratio between the price of oil and the price of gold is at a local peak, and finally, why the Ukraine crisis is emphasizing the role of gold as a safe haven investment. All in this week's Your News To Know.
Every week we bring you relevant news concerning the precious metals market and the overall economy. For this week’s news, gold defies financial forecasts and continues to rise in price. Gold experts from across the globe are convening to reform the gold-pricing benchmark to achieve transparency. Finally, gold expert Jeff Nichols projects a positive future for gold. Here are this week’s headlines.
Here's the latest in the gold markets: China and India alone are consuming all of the world's supply faster than it's being mined – what could that mean for prices? Coincidentally, global gold mines are becoming harder to find as mother lodes have become depleted in the last 10 years. Finally, we take a look at the relationship between gold and oil prices; how do they perform as the dollar continues to decline in value? Find out right here.