Fed Raises Rate, Gold Stocks & Gold Up!

Janet Yellen, Chair of the Federal Reserve, announce a 0.25% point raise in its key interest rate.

Source CNN: Fed Raises Key Interest Rate

The price of gold responded sharply with the Fed announcement, spiking more than $20 per ounce.Gold Spot Price March 15

As can be seen in the chart above, the price jumped immediately with the announcement.

Gold stocks also saw a sharp intra-day price increase with the Fed’s announcement.

ARCA Gold Bugs Index March 15, 2017

ARCA Gold Bugs Index March 15, 2017

At the moment, the Index is up over seven per cent, or $13.20, on the news of the quarter-point rate hike. The price of gold and gold stocks often correspond negatively to interest-rate increases, but the US Dollar also fell against the Canadian Dollar upon release of the Federal Reserve news.

  • Report

    Is It Time to Buy Silver Miners? The Gold:Silver Price Ratio Says YES!

    The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold.  This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range. 

  • gold stocks provide safety hedge
    Uncategorised

    Stock Markets Crashing, Gold Begins Ascent

    The Dow Jones lost over 1300 points in the past two trading days, 

  • News

    Fed Raises Rate, Gold Stocks & Gold Up!

    Janet Yellen, Chair of the Federal Reserve, announce a 0.25% point raise in its key interest rate.

    Source CNN: Fed Raises Key Interest Rate

    The price of gold responded sharply with the Fed announcement, spiking more than $20 per ounce.Gold Spot Price March 15

    As can be seen in the chart above, the price jumped immediately with the announcement. 

  • News

    Gold Closes at Par Due to Geopolitical Uncertainty

    After an initial dip in the price of gold early in the trading session Tuesday, gold finished strong to close out the day flat at $1,238.90, (-$0.20).

    The puzzling thing is the ICE Dollar index was up 0.5%, showing a strong U.S. 

  • News

    Iron Ore Prices Driving Mining Stocks

    The shares of iron-ore mining stocks have risen dramatically over the past few weeks, as Chinese iron-ore futures have climbed.

    Ore producers Cliff Natural Resources and Vale S.A. are up over the past month, mirroring the price movement of their focus commodity. 

  • Long post

    Why Buy Gold Stocks in 2017?

    Are you wondering when is the best time to take the plunge and buy gold stocks? Is 2017 going to continue to build on the gold trends that began in 2016? We believe it will be another strong year for gold, and especially strong for gold stocks. 

Load More Related Articles
  • Report

    Is It Time to Buy Silver Miners? The Gold:Silver Price Ratio Says YES!

    The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold.  This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range. 

  • gold stocks provide safety hedge
    Uncategorised

    Stock Markets Crashing, Gold Begins Ascent

    The Dow Jones lost over 1300 points in the past two trading days, 

  • News

    Fed Raises Rate, Gold Stocks & Gold Up!

    Janet Yellen, Chair of the Federal Reserve, announce a 0.25% point raise in its key interest rate.

    Source CNN: Fed Raises Key Interest Rate

    The price of gold responded sharply with the Fed announcement, spiking more than $20 per ounce.Gold Spot Price March 15

    As can be seen in the chart above, the price jumped immediately with the announcement. 

  • News

    Gold Closes at Par Due to Geopolitical Uncertainty

    After an initial dip in the price of gold early in the trading session Tuesday, gold finished strong to close out the day flat at $1,238.90, (-$0.20).

    The puzzling thing is the ICE Dollar index was up 0.5%, showing a strong U.S. 

  • News

    Iron Ore Prices Driving Mining Stocks

    The shares of iron-ore mining stocks have risen dramatically over the past few weeks, as Chinese iron-ore futures have climbed.

    Ore producers Cliff Natural Resources and Vale S.A. are up over the past month, mirroring the price movement of their focus commodity. 

  • Long post

    Why Buy Gold Stocks in 2017?

    Are you wondering when is the best time to take the plunge and buy gold stocks? Is 2017 going to continue to build on the gold trends that began in 2016? We believe it will be another strong year for gold, and especially strong for gold stocks. 

Load More By Chris Haugen
  • News

    Fed Raises Rate, Gold Stocks & Gold Up!

    Janet Yellen, Chair of the Federal Reserve, announce a 0.25% point raise in its key interest rate.

    Source CNN: Fed Raises Key Interest Rate

    The price of gold responded sharply with the Fed announcement, spiking more than $20 per ounce.Gold Spot Price March 15

    As can be seen in the chart above, the price jumped immediately with the announcement. 

  • News

    Gold Closes at Par Due to Geopolitical Uncertainty

    After an initial dip in the price of gold early in the trading session Tuesday, gold finished strong to close out the day flat at $1,238.90, (-$0.20).

    The puzzling thing is the ICE Dollar index was up 0.5%, showing a strong U.S. 

  • News

    Iron Ore Prices Driving Mining Stocks

    The shares of iron-ore mining stocks have risen dramatically over the past few weeks, as Chinese iron-ore futures have climbed.

    Ore producers Cliff Natural Resources and Vale S.A. are up over the past month, mirroring the price movement of their focus commodity. 

  • News

    Gold Stocks Dominate Top Value Fund – Up 40.5%

    There was a great article in the Wall Street Journal recently highlighting Aegis Value Fund’s 40.5% gain over the past 12 months. Aegis Value, which is managed by Scott Barbee, has benefited greatly from the rise in gold stocks this year. 

  • News

    Mining Stock Outlook for 2017: Europe vs. the Americas

    Deutsche Bank recently suggested that based on the continued strength of the US dollar vs the Euro and the Pound, the European mining sector is headed for a 20% drop. Copper has fallen 9% from its peak in Q1 2016, the USD has grown by more than 2%, and the European market has overperformed by 30%. 

  • News

    Mining Automation Dramatically Cuts Costs

    Once the territory of science-fiction movies, recent large-scale adoption of automated heavy equipment is allowing mines to greatly reduce their labor costs. Trucks, loaders, boring and drilling machines and more are now available with remote or semi-autonomous capacity.  Other upcoming automation advances, such as fully-automated long-haul trains (which are now being tested), will continue to expand the range of tasks that require few or no workers to be involved. 

Load More In News

Check Also

Is It Time to Buy Silver Miners? The Gold:Silver Price Ratio Says YES!

The above chart is a 20-year snapshot that covers the Gold to Silver price ratio. It measures the number of silver ounces are needed to purchase a single ounce of gold.  This bellwether indicator has crossed into new territory and is currently fluctuating between 85 and 83, which is significantly higher than the normal range. 

Newsletter