Latest news with #priceDrop
CBS News
09-07-2025
- Business
- CBS News
Gold's price is down again. Should you invest now?
A recent drop in the price of gold has opened up new opportunities for prospective investors. Getty Images/iStockphoto Here's something you may not have read lately: The price of gold is declining. While not in a dramatic downfall, the price of gold per ounce is down around 4% from where it was on June 13, according to American Hartford Gold. And though a difference between $3,432.56 and $3,294.71 per ounce may not seem substantial on paper, it does represent a change in the gold market that investors may want to take advantage of. It wasn't that long ago, after all, that gold hitting the $3,000 price milestone was considered major news. Now, however, many expect the price of the precious metal to eventually hit $4,000, perhaps sooner than expected. With this likely temporary dip in gold prices, then, is it worth investing in now? Or should prospective investors wait for another drop to get started? Below, we'll break down the reasons why now may be a smart time to buy into the gold market. Learn how you can invest in gold without paying today's top price here. Should you invest in gold with the price down again? While each investor's goals, needs and budgets are different, there is a strong case to be made for investing in gold now, during this new price decline. Here's why: The price dip is likely to be short-lived The price of gold fluctuates, but over time, it tends to rise. Just look at the changes since the start of 2024, when gold was priced around $2,000 per ounce, for proof of this trajectory. And with items like a new inflation report and Federal Reserve meeting on the calendar for July, both of which can impact gold prices, it could behoove investors to act promptly by investing in gold now, at this slightly lower entry price point. And with options like fractional gold bars and fractional gold coins, you may be able to get started in the market at an even lower price point. Waiting, however, could jeopardize your ability to get invested in the yellow metal at all. Get started with a gold investment before the price rises again now. The next price surge could push you out of the market permanently Gold's price didn't seem like it would hit $3,000 … until it did. Then it seemed like it would hover around that point … until it surged past $3,400. Now, the potential for the price of the metal to hit $4,000 per ounce seems more realistic than ever. Waiting, then, to take action may not be smart, as the next inevitable price surge could push you out of the market permanently, even if you're planning a fractional gold or dollar-cost-averaging strategy right now. And remember that multiple factors drive gold's price, including geopolitical tensions, which can be impossible to predict with certainty. Should something change on the global stage, then, don't be surprised to see gold's price react in an upward way. Your portfolio needs the features gold can provide If you need the hedge against inflation and portfolio diversification that gold offers, then it may be wise to get started right now. These features shouldn't be viewed just through a price prism, as the benefit of having a diversified portfolio and protection against the next inevitable rise in inflation is priceless. Don't forget, inflation actually rose slightly in May, underlining the importance of having an asset in your portfolio that can help others, like stocks and bonds, that may react to this sort of news less advantageously. The bottom line A small but noticeable decline in the price of gold could give prospective investors the opening they need to get started at a more affordable entry point. With the likelihood that this price drop will be short-lived, the potential for the next price surge to push investors out of the precious metal market permanently and the need for an inflation hedge and portfolio diversification tool still strong, it makes sense to buy in now. With a little luck and some strategic timing, you may even be to turn a quick profit if you ultimately decide to sell your gold later this year, too.
NHK
04-07-2025
- Business
- NHK
Japan rice price index projects decline
A survey shows Japan's growers and wholesalers expect rice prices to drop over the next three months as government stockpiles have been released into the market. The price outlook index as of June fell by the most on record. The Rice Stable Supply Support Organization released the findings of its June survey on Friday. The index on the outlook for the next three months dropped by 24 points from a month earlier to 35, on a zero to 100 scale. The margin of decline was the largest since the survey began in 2012. The index for the current rice prices fell 10 points to 83. A reading of 100 means respondents strongly expect prices to be higher compared with the previous month.
NHK
23-06-2025
- Business
- NHK
Japan supermarket rice prices hit 3-month low
A national survey shows the price of rice at Japanese supermarkets dropped for a fourth straight week, hitting a 3-month low. The agriculture ministry released results for the week through June 15th. They showed the average price of a 5-kilogram bag was 3,920 yen including tax, or about 27 dollars. That's down 6.1 percent from the previous week, but still remained 78 percent higher from a year earlier. The survey covers about 1,000 supermarkets nationwide.
Yahoo
16-06-2025
- Business
- Yahoo
Average UK house asking price drops by more than £1,000
The average price of a UK property coming to the market in June dropped by 0.3% to £378,240 in an "unusual dip in prices' for the month, as new sellers lower their price expectations, according to Rightmove (RMV.L). According to the property site, this month's price drop of £1,277 comes as sellers lower expectations amid an intensely competitive market that has reached decade-high levels in terms of the number of homes available for sale. The price reductions are not uniform across the entire market, with some regions performing better than others. High-priced areas, particularly in the South and London, have seen the most significant price drops, likely due to a combination of higher stamp duty taxes and a greater availability of homes for sale. These regions are also facing a heightened supply of properties, which puts additional downward pressure on prices. Read more: What to watch this week: Inflation, Bank of England interest rates, Accenture, Berkeley and Whitbread 'It appears that we're now seeing the decade-high level of homes for sale, and the recent stamp duty increases in England, have a delayed impact on new sellers' pricing. Prices have fallen this month after the new records set in April and May," said Colleen Babcock, property expert at Rightmove. "Agents have been telling us that sellers need to set a competitive price to have a better chance of finding a buyer in the current market, and it looks like many are listening and responding to that message. Such realistic pricing will remain key in the coming months. Underneath the headline figures, we can see regional variations in price changes this month, which appear closely linked to buyer affordability and supply levels,' she added. In contrast, more affordable areas such as the North West, Wales, and Yorkshire & The Humber have experienced the largest price increases this month. These regions have been less affected by the recent stamp duty changes, with Wales, in particular, benefiting from a stable property tax environment. Additionally, the number of homes coming to market in these areas has increased at a slower rate compared to the South. Overall, the average asking price is still up 0.8% compared to this time last year, suggesting a general upward trend in property values despite June's dip. Amid the price reductions, buyer activity has remained robust. In May, the property market saw the highest number of sales agreed since March 2022, with sales 6% higher than in the same month last year. Properties that are priced correctly and presented in good condition continue to attract serious interest, even with the larger volume of homes for sale. Buyers are now 3% more active than they were at the same time last year, though the number of new homes coming onto the market has increased by 11%, outpacing new buyers. Rightmove said that the current market is highly price-sensitive, which means that sellers who set realistic expectations and adjust their pricing to reflect current conditions are likely to be more successful. Read more: Mortgage rates steady ahead of Bank of England interest rate decision Homes with an appealing listing, whether through a competitive price, a well-written description, or high-quality images, are far more likely to attract early interest, which is crucial in securing a buyer. 'It's an encouraging market for those looking to buy, with a very good choice of homes for sale, which also means they have good negotiating power. Some buyers with a home to sell in the current high-supply market may achieve a lower price on their own sale, but could look to offset that by negotiating a comparable discount on their purchase," Babcock said. Experts are seeing the shift in price dynamics as positive. In popular coastal areas like Cornwall, the combination of reduced asking prices and an influx of new homes on the market is creating opportunities for buyers to secure properties at better value. 'Serious sellers are more focused than ever, reducing or listing property at much more attractive asking prices. Buyers have more choice than ever, so the combination of a rare abundance of high-quality properties at much reduced guide prices in the prime coastal areas, is resulting in the tide finally turning in a positive way. 'The sunny weather and Cornwall looking at its very best, inevitably helps. The established and prime locations are still winning, especially at the top end of the market, giving buyers the confidence to purchase in those areas,' said Josephine Ashby, managing partner of John Bray Estates in Rock, in to access your portfolio
CBS News
19-05-2025
- Business
- CBS News
What to do (and not to do) when gold's price drops
A recent gold price drop opens up new opportunities (and risks to avoid) for precious metal investors. Getty Images/iStockphoto Investors who got accustomed to a consistently rising gold price in recent years have had to readjust slightly in recent weeks as the price of the metal has declined. After surpassing the $3,400 price per ounce record in April, just weeks after breaking through the $3,000 price milestone in March, gold on May 19 was listed at $3,238.88. While not dramatically lower than what it had been, that marks an almost 6% decline since late April. And it opens up new opportunities and, perhaps, closes off others for investors and beginners considering gold now. In this climate, then, and understanding the broad, long-term dynamics of gold investing, it helps to know what to do when gold's price drops and, perhaps more importantly, what not to do when this happens. While this can be specific to the investor in question, generally speaking, there are specific tactics to take into account. Below, we'll detail six of them. Invest in gold before the price rises again here. What to do (and not to do) when gold's price drops Here are six things gold investors should consider doing (and avoiding) when the price of the metal declines, as it has this May: Do: Re-evaluate your gold holdings A decline in the price of gold could impact your wider portfolio. While the amount of gold is typically recommended to be kept at a 10% limit, a decline in the price could impact that threshold, so use the price decline to re-evaluate your gold holdings. You may want to use this time to buy more or, if worried about broader trends, sell off a portion. Only you will know what's right for your investment goals. Use this time, then, to do a closer evaluation. Speak with a gold investment advisor now to learn more. Don't: Panic Remember that the recent gold price decline is minor, so there's no need to panic. And, more importantly, remember the historic trends in gold prices, specifically that a decline in the price usually precedes a rise, perhaps to a significant degree. Avoid making any hasty, panic-induced decisions for your gold investments. Instead, take a broader look and evaluate ways in which you can potentially exploit the price decline in your favor. Do: Consider buying more A lower entry price point offers both current and new investors a rare opportunity to buy below cost. Consider buying more, then, to take advantage while the opportunity is available. Several factors that have recently driven gold's price down could easily reverse course and make buying the metal more costly. Don't wait for that to happen, then. Consider buying more now instead. Don't: Forget gold's long-term benefits Constant discussion around gold's price developments can understandably cloud the judgment of even the more seasoned gold investors. In times like these, the long-term benefits of gold mustn't be forgotten. Remember that gold is less reliable as an income producer and more dependent as an income protector, used ideally to hedge against inflation and diversify portfolios thanks to a steady value in turbulent times. That's no different now, so don't invest as if that's changed, even with the price a bit lower. Do: Explore alternative types There may have been a gold type that you were avoiding when the price was high, like 1-ounce gold bars or coins, that you feel more comfortable pursuing now that the price is a bit lower. On the other hand, gold types that you bought just to get involved in the gold market, like fractional gold coins, could be less advantageous if you can buy in at a higher weight now. It's important, then, to explore alternative gold investment types besides the ones you're invested in currently during this price decline. Don't: Rush to sell In any market, when the price of an investment declines, some investors may be inclined to rush to sell. But that's often a mistake, particularly when it comes to gold. As mentioned, gold price declines are natural and somewhat predictable as they often come right before a price surge and, potentially, a new record price high. Avoid the temptation to rush to sell now, as the next price increase and, thus, profit-earning opportunity is likely soon to come, perhaps even earlier than you'd expect. The bottom line While the above dos and don'ts can help gold investors navigate this drop in gold prices more carefully, it's not exhaustive and the optimal approach will be largely dictated by your specific investor profile and your short and long-term goals. Consider the above carefully, however, as it can better inform your approach both now and to gold investing over time. Learn more about your gold investment options here.
