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












Daily Gold Market Report
gold prices

Live London Gold News Wire
NEW in the last 5 minutes
www.usagold.com --LIVE NEWS--
Alamos Gold Cut to “Hold” at Zacks (AGI)14:06
Ticker Report - Banking
AuRico Gold Lifted to “Buy” at Zacks (AUQ)14:06
Ticker Report - Banking
15 to 30 minutes old
www.usagold.com --LIVE NEWS--
Oil, gold prices retreat13:48
The West Australian - Business - World
30 minutes to 1 hour old
www.usagold.com --LIVE NEWS--
Canada Stocks Fluctuate as Gold Gains Offset Energy Slump13:21
Bloomberg - Gold
Gold steadies, oil drops13:17
Proactive Investors (USA & Canada)
1 to 2 hours old
www.usagold.com --LIVE NEWS--
TSXV Biggest Percentage Gainers Mid-Afternoon: Xander Resources, Clearford Water Systems, Battle Mountain Gold12:45
Nasdaq - Global Markets
Kyrgyzstan extends Centerra Gold’s Kumtor mine environment permit12:25
Flight from gold to digital currencies12:25
Australian Financial Review - Markets
Alamos Gold Given a C$10.00 Price Target at National Bank Financial (AGI)12:14
Ticker Report - Banking
2 to 4 hours old
www.usagold.com --LIVE NEWS--
Top 5 Gold Stocks for July 201511:56
FXstreet - Latest Analysis
Gold rebounds as dollar dips, focus on Greek vote11:00
The Economic Times
Ed Moy: Greece Spurs Gold and Bitcoin Popularity10:45
NewsMax - Street Talk
After much hard work, Iran gets 13 tons of its gold back10:26
Proactive Investors (USA & Canada)
Gold and Silver Subdued10:25
The Market Oracle - The Market Oracle
4 to 6 hours old
www.usagold.com --LIVE NEWS--
Dominican Rep. gold, silver exports slump10:08
Business News Americas - Metals
Gold rebounds as dollar dips, focus on Greek vote09:54
Business Day - Markets
Junior roundup: CB Gold, Hunt, Samco, Calibre09:40
Business News Americas - Mining
Gold recovers losses, climbs above 3.5 months low09:36
India Info Line
Gold nudges higher on China and Greece concerns09:27
Proactive Investors (UK)
Week In Review: Gold Hits 3-Month Low As Buyers Disappear; Oil Slips; Grains Sizzle Higher09:17
Seeking Alpha - All Articles
Gold And Silver Prices Are Subdued09:02
Risks Linger And Continue To Weigh On Sandstorm Gold08:42
Seeking Alpha - Gold
Greeks, Europeans, Even Americans Rush To Gold On Greek Crisis08:37
Seeking Alpha - All Articles
Centerra Gold Receives Consensus Rating of “Hold” from Brokerages (TSE:CG)08:11
Ticker Report - Banking
6 to 8 hours old
www.usagold.com --LIVE NEWS--
Gold Prices and the Trio of Greece, Fed, and China08:07
Sharps Pixley
In Seattle, famous for boom-and-bust since the Gold Rush, some fret over Amazon's weight07:34
Vancouver Sun - Vancouver Business
Gold Futures Up On Weaker US Non-farm Payrolls07:11
Bernama - Malaysian National News Agency - Markets
TSX Delisting Review - Candente Gold Corp. (Symbol: CDG)06:51
PR Newswire (Press Release) - Policy and Public Interest
Alacer Gold Corp insider Sells C$71,040.00 in Stock (ASR)06:50
Ticker Report - Banking
TSX Delisting Review - Candente Gold Corp. (Symbol: CDG)06:37
Canada NewsWire (Press Release) - Releases
Indian gold market looks for government to reform import rules: sources06:33
Barrick Gold makes big changes to become a smaller company06:31
Canadian Business Magazine - Lists & Rankings
Gold Stocks Cheap to Buy but Not for Long06:24
The Market Oracle - The Market Oracle
Indian gold prices at deep discounts on sluggish demand06:17
Livemint.com - Money
Earlier Today
www.usagold.com --LIVE NEWS--
Gold rebounds on softer dollar, focus on Greek vote05:52
Business Day - Markets
Gold ends steady; silver recovers on industrial demand05:33
The Asian Age - Business
RBI, government in talks to scrap import curbs on gold-silver alloy: Sources05:18
The Economic Times
Gold prices at deep discounts on sluggish demand05:18
The Economic Times - Market
Gold ends steady; silver recovers on industrial demand05:18
The Economic Times - Market
RBI, govt in talks to scrap import curbs on gold-silver alloy05:14
Livemint.com - Economy Politics
Athletes from Kyrgyzstan win five gold medals at belt wrestling tournament05:14
Akipress - Business
Gold Prices: 3 Reasons Why They’re Headed Astronomically Higher05:11
Profit Confidential
Detour Gold Corp Stock Rating Reaffirmed by Morgan Stanley (DRGDF)05:08
Ticker Report - Banking
Gold, July 03,201505:06
Investing.com - Commodities
RBI, govt in talks to scrap import curbs on gold-silver alloy - sources05:05
Reuters - Business
India central bank, govt in talks to scrap import curbs on gold-silver alloy: sources04:52
Business Times Online - Government & Economy
Gold trades near 3-month low as Fed outlook trumps Greece04:48
Gold above 3-1/2 month low on dollar, focus on Greek vote04:48
The Economic Times - Market
Gold prices quoting at deep discounts on sluggish demand04:45
The Business Standard - Markets
India c.bank, govt in talks to scrap import curbs on gold-silver alloy -sources04:44
Reuters - Industry, Materials & Utilities

Note: I will be out of the office from June 29 through July 6. Consequently this page may not be updated. See the Daily Blog for updates.

Gold Consolidates Amid Hope for Last-Minute Greek Deal

by Peter A. Grant

June 26, AM
(from USAGOLD.com) --

Gold eked out a new low for the week in early New York trading, but quickly rebounded intraday. The yellow metal remains well contained within the recent range as the market awaits an outcome on the Greek crisis.

Greece was offered a €15 bln deal earlier today that would have kicked the can until November. However, the offer was quickly rejected by Greek PM Tsipras, who categorized it as "blackmail".

Earlier in the week German chancellor Merkel declared that she would not allow Greece to blackmail Germany. She went on to warn that if a deal is not struck before markets open on Monday, capital controls would be likely in Greece and default would be increasingly likely.

The rhetoric is certainly not reflective of negotiations that are achieving any kind of success. Nonetheless, markets seem to be holding out hope for a last-minute deal, as we've seen numerous times in the past.

After all, the policymakers and technocrats of Europe have summer holidays to plan. A Greek default will ruin the rest of summer! So, they have to kick the can beyond August at a minimum.

The Chinese stock market tanked on Friday, dropping 7.4%. It was the biggest one-day point drop in 7-years. That puts the Shanghai composite index down 19% from its mid-June peak. The swing from raging bull market, to the cusp of a bear market, has taken just 2-weeks.

As noted on this page in recent months, we've seen a lot of clients buying gold with funds they've taken out of the stock market. They have expressed concerns that shares are overvalued and they are taking money off that table and bolstering their hedge positions. They typically view gold as being undervalued at these levels.

Apparently the same thing is happening in China. Chinese imports of the yellow metal via Hong Kong surged 36% in May.
"We think investors are becoming increasingly worried about a more pronounced correction in China's stock market and will return to gold to diversify their portfolios." — Simona Gambarini, commodities economist at Capital Economics via CNBC
The heightened volatility in Chinese stocks seen in June is likely to help underpin gold, driving safe-haven demand. Continued uncertainty about Greece, even if some sort of agreement is reached, should also be supportive.

The time to own your safe-haven is before you actually need it. The May surge in Chinese gold imports suggest some Chinese investors were ahead of the curve. Certainly some of our clients have been ahead of the curve as well.

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.


Follow USAGOLD economist Pete Grant on

Gold dealers index of gold coin images - popular investments

Great prices. Quick delivery. All the time.
Contemporary gold and silver bullion coins
Bullion-related historic gold coins
U.S. $20 gold pieces

Order Desk
Extension #100
6am to 6pm USMT weekdays.

Prefer e-mail to get started?

Coins & bullion since 1973

Ratings Matter!

Better Business Bureau Accreditation
since 1991
Zero complaints

USAGOLD is proud recipient of a Better Business Bureau Gold Star Certificate in consecutive years from 2006 through 2014 for having no complaints during the previous three years.


American Numismatic Association
(since 1975)
Industry Council for Tangible Assets
(since 1985)

USAGOLD website in continuous operation
since 1997

Gold Chartography 101

The case for gold ownership in ten charts
you will never see on CNBC

"What's past is prologue."


Black Swans Yellow Gold

How gold performs during periods of deflation, chronic disinflation, runaway stagflation and hyperinflation

This in-depth study tells why many investors around the world view gold as the ideal portfolio inclusion for the times.

CLICK HERE for Immediate access.


Throughout, the author, who has over forty years experience in the gold business, suggests practical guidelines for adding gold to your portfolio -- the who, what, when, where, why and how of private gold ownership.


"Simply a superb 'how to' guide book for beginners in gold investing. As good as gold."
Reader review Amazon.com

"Highly recommended!"
Midwest Book Review

Bullion-related historic gold coins
A hedge within a hedge

Our recommended vintage gold coins track the gold price, compare favorably in price, size and weight to fractional modern bullion coins, offer potential for premium growth and enjoy strong global liquidity. Over the years we have placed hundreds of thousands of these negotiable items with privacy-minded investors – a hedge within a hedge and an important inclusion in the well-balanced physical gold portfolio.

Please contact the ORDER DESK for current pricing and availability.


Classic Gold Essays
Collected 1997 to present

Bulletin Board
Important site-user announcements

Precious Metals Trading & Storage
Trader portal, competitive w/ ETFs

Friday July 3
website support: sitemaster@usagold.com / general mail: admin@usagold.com
Site Map - Risk Disclosure - Privacy Policy - Shipping Policy - Terms of Use
© 1997-2015 USAGOLD All Rights Reserved
Mailing Address - P.O. Box 460009, Denver, CO USA 80246-0009