News - Oxford Gold Group

News

October 19, 2020

Gold prices pop higher as investors focus on talks on coronavirus relief

Gold prices on Monday traded higher to start the week, with talk of a last-ditch effort to strike a deal by U.S. lawmakers on a fresh […]
October 16, 2020

Gold to soar to $2300 at the beginning of 2021 – ANZ

Economists at ANZ Bank maintain a positive outlook for the yellow metal as coronavirus cases are surging all over the world. Gold (XAU/USD), which has been […]
October 15, 2020
gold prices represented by bars

Gold, The Simple Math

The current pullback in the precious metals sector is a buying opportunity. Since trading at a closing high of $2,064 an ounce on August 6, gold […]
October 14, 2020

Gold Gains As Focus Returns To Pandemic, US Election

Spot gold rose 0.2% to $1,895.16 per ounce by 0729 GMT, after shedding as much as 1.9% on Tuesday on the dollar’s jump. U.S. gold futures […]
October 13, 2020

Some Are Betting On Red, Some On Blue. I’m Betting On Gold

The Wall Street Journal reported on Friday that the White House is preparing a coronavirus stimulus offer valued at $1.8 trillion, despite President Trump’s earlier comment on ending […]
October 13, 2020
solar panels

Silver to Benefit From Global Solar Surge. It’s Time to Buy Again, Goldman Sachs Says.

Silver is set to benefit from a global solar energy drive and it is once again time to buy the precious metal, Goldman Sachs analysts said. […]
October 12, 2020

The silver lining – why silver looks to be an exciting prospect for the year

When it comes to precious metals, gold is often the more popular investment. This is no surprise as of late, given its rapidly rising stock value […]
October 10, 2020
Gold Coins

Gold jumps 1% as dollar slides on stimulus bets

(Reuters) – Gold climbed more than 1% on Friday as the dollar retreated to a near three-week low and increased bets for fresh U.S. stimulus pushed […]
October 9, 2020
Gold Bar

Gold pushes back above $1,900 an ounce, turns positive for the week

Gold gained ground Friday, reclaiming the $1,900-an-ounce threshold and turning positive for the week as the U.S. dollar lost ground and investors tracked ongoing fiscal stimulus […]
October 8, 2020
silver bars with stock market graph

Silver linings: the asset that’s outperforming gold

It could have been technology stocks such as Amazon and Zoom, of course; or government bonds; or cash; or a property, preferably in the countryside. As […]
October 7, 2020

Will the US Election results cause the price of gold to soar or plunge?

The US presidential race is on and with less than a month until the 2020 election, political tensions are running high. This is causing volatility in […]
October 7, 2020
Gold

Gold gains as concerns over U.S. stimulus talks ease

Gold rebounded on Wednesday as worries about a halt in U.S. coronavirus stimulus talks faded, bolstering bullion’s appeal as a hedge against inflation and prompting investors […]
October 5, 2020

UBS says you should buy gold now

“We like gold, because we think that gold is likely to actually hit about $2,000 per ounce by the end of the year,” Kelvin Tay, regional […]
September 29, 2020

This is the time to buy gold, says Wells Fargo

Gold prices saw a $200 tumble in September, which Wells Fargo is viewing as a great buying opportunity during a well-expected correction. “We’re buyers of gold,” […]
September 28, 2020
Gold Bar

Gold prices rise, find footing as dollar weakens

Gold futures on Friday were trading modestly higher as weakness in the dollar, helped to fuel some modest buying in bullion despite a rally in stocks […]
September 25, 2020

Buy the dip in gold but not stocks, say Citi’s global strategists

It has been a rough September for the stock market, with the S&P 500 SPX down over 7% so far. In its comprehensive look at markets, Citi’s global […]
September 24, 2020

Crashing gold price could still rally to record high before year-end: Citi

Don’t throw in the towel just yet on gold. While the price of the precious metal is tumbling, at least one broker is predicting new highs […]
September 23, 2020

Gold May Hit Record Before Year-End on U.S. Election Risk, Citi Warns

Risks ‘may be under-appreciated’ by metals markets, bank says Bullion has dropped below $1,900 this week as dollar rebounds Gold could hit a record before the […]
September 23, 2020

How much gold is there left to mine in the world?

Last month the price of gold hit a record high, pushing above $2,000 (£1,575) an ounce. While this price rise was driven by gold traders, it […]
September 22, 2020

Global stocks sink on fears of new Covid lockdowns

Worries over tightening of pandemic restrictions make for gloomy start to the week Global stocks suffered a heavy hit on Monday, while government bonds rallied and […]
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