gold at cost

gold at cost

Gold USD 1328.55   per Ounce
Silver USD 16.58   per Ounce
Platinum USD 999.85  per Ounce
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In the News

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Shining Bright in 2018

Analysts at two of Canada’s major investment banks are advising clients to purchase precious metals to take advantage of an expected early year seasonal jump in gold prices. Royal Bank of Canada sees a repeat of last year’s bullish start to the year, while CIBC predicts gold may hit its high for the year in January. U.S.-based Goldman Sachs also predicts positive returns for gold in the first quarter, driven in part, by strong jewelry demand from China before Chinese New Year View More

A Silver Lining for 2018

Canadian investment bank TD Securities is forecasting a bullish 2018 for precious metals, predicting silver will post the strongest gains within the metals complex. The bank set a price target of $20-an-ounce for silver, which was trading near $16 in late December, below its 2017 opening level. “Underperforming silver is set to shine as gold improves amid still low real rates,” the bank says in its 2018 Global Outlook. TD analysts anticipate the Federal Reserve will raise short-term interest rates in 2018 View More