We educate first-time investors.
Low-key, professional guidance for safe haven investors.


Daily Gold Market Report
gold prices

Live London Gold News Wire
1 to 2 hours old
www.usagold.com --LIVE NEWS--
Gold at 8-1/2 months low20:21
The News International - Business
China set to win gold pricing race20:21
The News International - Business
2 to 4 hours old
www.usagold.com --LIVE NEWS--
Conroy to spend €32m digging for gold over five-year period in Monaghan19:44
The Irish Independent - Irish Business News
Fed Sends Gold Sharply Lower- Death Cross Warns of Further Losses18:58
Daily FX
4 to 6 hours old
www.usagold.com --LIVE NEWS--
Gold mining stocks take another beating17:38
Mining.com - Gold
India will vie for Asian Games hockey gold tomorrow, last won 16 years ago16:53
The Economic Times
How much does it really cost to mine an ounce of gold?16:51
The Globe and Mail
Investors Purchase High Volume of Put Options on SPDR Gold Trust (ETF) (GLD)16:50
Ticker Report - Banking
6 to 8 hours old
www.usagold.com --LIVE NEWS--
Why Lussory's 24-Karat-Gold, Alcohol-Free Wine Is Big In Dubai15:10
Forbes - Home US
Fresh selling hits gold price14:37
Mining.com - Gold
Gold And Silver Price Drop To Critical Fibonacci Levels14:35
Gold Silver Worlds
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 1% and 4% on the Week14:22
Gold settles at 8-month low; oil ends at $92.4113:54
Proactive Investors (USA & Canada)
Earlier Today
www.usagold.com --LIVE NEWS--
COT Gold, Silver and US Dollar Index Report - September 19, 201413:42
Why Kinross Gold (KGC) Stock Is Declining Today13:13
TheStreet.com - Markets
Sprott Gold Miners ETF (NYSE: SGDM) – Quality Holdings for Better Returns By Peter Krauth12:54
Money Morning
Former Apple Gold COO to open new Raleigh breakfast restaurant12:53
Gold May Test $1,200/Oz If Dollar, Stock Gains Continue12:33
Forbes.com - Business
Stronger U.S. Dollar Pushes Comex Gold Near Lows From Start Of Year12:24
Gold for ŠKODA Logistics System: Best in Europe11:36
Automotive World
Alamos Gold Enters Oversold Territory (AGI)11:25
Forbes.com - Investing
Royal Gold Becomes Oversold (RGL)11:25
Forbes.com - Investing
TSX hits 5-week low; miners slump with falling gold11:23
Proactive Investors (USA & Canada)
Mary Holm: Gold fails to defy the law of gravity11:19
New Zealand Herald - Opinion
Cheap Gold Stocks’ Upleg Intact11:04
Gold down, silver hits four-year low on strong dollar, equities10:47
Reuters - Business
Gold down, silver hits 4-year low on strong dollar, equities10:41
The Economic Times - Commodities
Markus Persson: a gaming superstar10:36
FT.com - Comment & Analysis
Weaker Gold Prices Forecast By Majority Of Survey Participants10:22
Forbes.com - Business
See How Alamos Gold Ranks Among Analysts' Top Metals Picks10:12
TheStreet.com - Markets
Cheap Gold Stocks’ Upleg Intact10:12
Another Miserable Week for Gold and Silver09:40
The Market Oracle - The Market Oracle
Barrick Gold Given “Neutral” Rating at Credit Suisse (ABX)09:38
Ticker Report - Banking
Bird's Eye View of the Gold Stocks09:29
The Market Oracle - The Market Oracle
Gold poised for third weekly drop on strong dollar, equities09:20
Business Day - Markets
Gold slides again as greenback rises for 10th week in a row09:09
Proactive Investors (UK)
Of Course The Gold Price Is manipulated, That’s The Point! – The "London Gold Pool" - 1961 To 196809:04
Gold still has week technical picture - Phillips08:56
Of course the Gold Price is manipulated, that’s the point! - The "London Gold Pool" - 1961 to 196808:31
Gold declines most in 14 mths, silver dips to 14-week low08:08
The Business Standard - Markets
Gold, silver prices dip on poor demand08:02
Business Today - Commodities
Gold slips on poor buying amid global bearishness07:56
The Economic Times - Markets
Conroy plan for Monaghan gold mine07:54
Business World
China launches gold market to bolster fortunes of FTZ07:38
The Manila Times - Business
Gold sheds on weak demand amid global bearishness07:37
The Hindu Business Line - Markets
Bird’s Eye View Of The Gold Stocks07:33
Deep sea gold rush is a 'game-changer', says Templeton's Land07:28
Citywire - Global News
Bird’s Eye View of the Gold Stocks07:21
Gold tumbles by Rs 440, dips to over 3-mth low on global cues07:01
Deccan Herald
Gold Falls on Equity Rally; Silver Drops to Four-Year Low06:56
Bloomberg - Personal Finance

Gold Defensive, but Still Above Key Support

by Peter A. Grant

September 19, AM
(from USAGOLD.com) --

Gold remains defensive ahead of the key $1200 support zone, edging to another new eight-month low. The yellow metal appears poised for a third-consecutive lower weekly close as the dollar remains well bid and stocks continue to push deeper into record territory. Weak silver is playing a role as well.

Shares found comfort in the Fed leaving the "extended period" verbiage in the policy statement, although stocks have given back today's early gains. Yields have risen in recent weeks, but seem to have stabilized shy of the 2.70% high in the 10-year from earlier in the summer.

Markets seem to have dismissed the Fed's weaker GDP forecasts entirely. Just as it dismissed today's August LEI miss, soft industrial production and persistent weakness in the housing market. Fundamentals be damned...what's the Fed doing?

With gold once again near the cost of production and key support at 1182.10/1179.80, many seen the downside as limited. We've noticed a distinct uptick in buying activity at these levels as out clients look to take advantage of what they perceive to be bargain prices.

Many are seeing silver as a bargain as well, with the white metal dropping to a four-year low of 17.76. Evidence of silver's relative under-performance is evidenced in the surging gold/silver ratio, which reacjed a four-year high of 68.17 today.

Opinions expressed in commentary on the USAGOLD.com website do not constitute an offer to buy or sell, or the solicitation of an offer to buy or sell any precious metals product, nor should they be viewed in any way as investment advice or advice to buy, sell or hold. USAGOLD, Inc. recommends the purchase of physical precious metals for asset preservation purposes, not speculation. Utilization of these opinions for speculative purposes is neither suggested nor advised. Commentary is strictly for educational purposes, and as such USAGOLD does not warrant or guarantee the accuracy, timeliness or completeness of the information found here.


Gold dealers index of gold coin images - popular investments

Live Gold Coin Prices
Actively traded modern bullion coins
U.S. $20 gold pieces

Great prices. Quick delivery. All the time.
Please call our Order Desk for details.
Extension #100
6am to 6pm weekdays.

Ratings Matter!

Accredited since 1991. Zero complaints.

USAGOLD is a recipient of a BBB Gold Star Certificate in consecutive years from 2006 through 2013 for having no complaints during the previous three years


Free Book

Review & Outlook

Newsletter sign-up
The standard in gold newsletters for over two decades. Free subscription.

USAGOLD Bulletin Board


Gold BarPrecious Metals Trading and Storage Program
Competition for the ETFs
with a delivery option

usagold logo

P.O. Box 460009
Denver, Colorado 80246-0009

1-800-869-5115 (US)

303-399-6759 (Fax)


Office Hours

6:00am - 6:00pm
(U.S. Mountain Time)
Monday - Friday


American Numismatic Association
Member since 1975

Industry Council for Tangible Assets

USAGOLD Centennial Precious Metals is a BBB Accredited Business. Click for the BBB Business Review of this Gold, Silver & Platinum Dealers in Denver CO
zero complaints

Friday September 19
website support: sitemaster@usagold.com
Site Map - Risk Disclosure - Privacy Policy - Shipping Policy - Terms of Use
© 1997-2014 CPM, INC./ USAGOLD All Rights Reserved