Gold Price Rally, Explained

Frank Holmes spoke recently with Adam Shell of USA Today to help explain why investors have been snapping up gold lately, even with record stock prices and improving economies around the globe. Frank says the gold price has been pushed up in five of the last six weeks, while keeping investor interest, because of simple investment-related math. He goes on to explain that investors are also pricing in some bad economic outcomes if President Trump plans to slap tariffs on U.S. trading partners like China, which would hurt U.S. consumers by resulting in higher prices of imported goods sold at popular American retailers.

So what else is moving the yellow metal? Read the full article here.

All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link above, you will be directed to a third-party website. U.S. Global Investors does not endorse all information supplied by this website and is not responsible for its content.

Past performance does not guarantee future results. This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.

The Wall Street Journal Dollar Index (WSJ Dollar Index) is an index (or measure) of the value of the U.S. dollar relative to 16 foreign currencies.

Holdings may change daily. Holdings are reported as of the most recent quarter-end. None of the securities mentioned in the article were held by any accounts managed by U.S. Global Investors as of 12/31/2016.