NYSE:PHYS
Sprott Physical Gold Trust Stock News
$18.40
-0.100 (-0.541%)
At Close: Apr 17, 2024
Gold Remains Steady Despite Higher Inflation Number
10:13am, Friday, 15'th Sep 2023
The consumer price index (CPI) continues to climb, but gold has been maintaining its resiliency in the face of rising inflation. The precious metal is still up about 5% for the year despite the macroe
Gold Exposure Has Increased to Highest Level in Over a Decade
01:51pm, Monday, 11'th Sep 2023
Seeing that inflation might be sticking around for awhile, investors are starting to pile into gold at levels not since in over a decade, according to a recent Business Insider article. The economy is
Gold, Palladium Prices Tick Higher as Markets Await Fed Pause
10:33am, Monday, 26'th Jun 2023
As the capital markets await on a Fed pause on rate hikes, gold and palladium have been ticking higher. A pause may signify that eventually monetary policy easing could emerge as was expected heading
A Fed Pivot Can Continue to Push Gold to New Highs
12:01pm, Thursday, 13'th Apr 2023
As gold pushes to new highs, it could get an extra shove in the back from the U.S. Federal Reserve. A slowdown in interest rate hikes could be a major catalyst for gold prices to move even higher.
Silver Prices End March on a High Note
10:01am, Monday, 10'th Apr 2023
Silver prices finished March on a high note, pushed by a confluence of factors. As the capital markets expect interest rate hikes to finally subside, silver prices could see more strength for the rest
Shaky Banking Sector Pushes Gold Past $2,000
04:36pm, Thursday, 23'rd Mar 2023
Rising interest rates have been putting downward pressure on gold, but the shaky banking sector recently pushed prices past the $2,000 mark. With investor confidence in banks waning, this could contin
Gold M&A A Bright Spot Amid Volatility
10:27pm, Tuesday, 14'th Mar 2023
While gold equities were up almost twice as much as gold in January, they were down more than twice as much in February. On February 13, B2Gold announced an agreement to acquire junior developer Sabin
Inflation Report Could Sway Gold Prices Significantly
12:39pm, Tuesday, 14'th Feb 2023
The macroeconomic environment continues to center around inflation. It could either push investors to purchase more gold or accumulate riskier assets, depending on the latest inflation report.
Not Since 1967 Have Central Banks Purchased This Much Gold
11:08am, Thursday, 02'nd Feb 2023
So far, central banks have been voraciously eating up the global gold supply even with the expectation that rising interest rates will eventually subside.
Gold Prices See 6 Weeks of Gains Amid Potential Headwinds
09:58am, Tuesday, 31'st Jan 2023
Gold prices have been riding a six-week winning streak in terms of gains, but key economic data points could potentially stifle the rally. Nonetheless, gold hasn't seen this type of winning streak sin
Demand for Gold by Central Banks Rose Its Fastest in 55 Years
08:27pm, Thursday, 05'th Jan 2023
Gold could shine brighter in 2023 if central bank activity is an indicator of what's to come. Lately, central banks have been adding more gold, according to the World Gold Council (WGC).
Gold Vs. Oil In 2023
08:00am, Sunday, 11'th Dec 2022
I am structurally bullish on gold and oil with a multi-year timeframe. Between the two, gold likely has the advantage fundamentally and in terms of current momentum over the next 6-12 months.
3 Reasons Why Gold Is a Store of Value
12:58pm, Monday, 24'th Oct 2022
Bitcoin's correlation to gold has ramped up in recent weeks, causing some investors to incorrectly speculate that it could once again contend with the yellow metal as an inflation-hedging store of val
Gold and Silver Get Off the Mat
05:35pm, Monday, 17'th Oct 2022
Spot gold prices were up 1% on Monday with the U.S. Dollar finally showing some weakness, slipping 1.2% amid faltering Treasury yields. Gold was at $1,656.09 and moving away from the two-week low it t
Gold's “Spooky Season” Might Be Ending This October
01:31pm, Monday, 03'rd Oct 2022
Gold and precious metals, like many sectors of the economy, have had a harrowing 2022. However, the gold market is experiencing some October momentum as fears of a global recession renew safe haven in