Utilising MarketHive to Promote CryptoCurrency
Precious metals march higher with new ATH for gold, steady gains for silver and platinum – FX Empire’s Zernov Precious metals are seeing a strong rally following sector-supportive measures from China, with gold setting fresh all-time highs while silver and platinum continue to build on their recent strength, according to analyst Vladimir Zernov at FX […]
All roads lead to gold and prices above $3,000 – Sprott Inc’s Ryan McIntyre While markets were pricing in the Federal Reserve’s 50-basis-point rate cut last week, many economists expected a less aggressive approach. However, according to one fund manager, the U.S. central bank, with its new easing cycle, has sent a strong message to […]
Gold sees mild profit-taking after tame U.S. CPI Gold prices are near steady in midday U.S. trading Wednesday after selling off a bit right after the release of a tame U.S. inflation report. Profit taking from the shorter-term futures traders was featured. Silver prices are higher. December gold was last up $1.00 at $2,544.10 and […]
Gold Price News: Gold on Hold Gold traded down at the end of last week faced with a somewhat firmer dollar and a US August Non-Farm Payroll print that combined both weaker than expected hiring and firmer wages. Rates markets have concluded that this might not only give the Fed pause for thought but that […]
Gold Price News: Gold Eyes US Employment Data Currently trading at $2519/toz, gold has enjoyed a modest bounce amidst febrile investor risk appetite, a continued easing of rates markets and further weakening of the US dollar. Initial indications are that net flows into physical ETFs/ETCs have held up well thus far this week. However, these […]
Gold shines as stocks and cryptos slide, traders bet on 4 rate cuts in 2024 Volatility extended for another day on Thursday, wiping the crypto gains recorded on Wednesday from the books and treating stock traders to whipsaws and afternoon downturns while gold shined bright. “Yesterday’s sharp 4% rally to $58,500 proved short-lived as Bitcoin […]
Gold Price News: Gold Runs Out of Steam While gold has largely been in consolidation mode since 19 August, price action this week is starting to suggest a retracement with the metal now trading at c. $2486/toz. This has come against a fundamental backdrop that has little changed over recent days with a slight easing […]
Gold Versus Savings Accounts: How To Safeguard From Inflation Key takeaways: Gold can protect investors from the devaluating effects of inflation Savings accounts deliver returns only if interest rates are higher than inflation Digital gold can offer the best of both worlds: underlying appreciation plus yield Choosing the right investment When choosing how to invest […]
Ignore U.S. dollar volatility and focus on gold in euro terms as prices test April highs – MKS’ Nicky Shiels Ignore U.S. dollar volatility and focus on gold in euro terms as prices test April highs – MKS’ Nicky Shiels teaser image Gold continues to consolidate around its recent record highs above $2,500 an ounce, […]
Wall Street evenly divided between bulls, bears, and the fence, Main Street cooler on gold’s potential gains After a series of dramatic performances throughout the summer, gold traders were treated to a relatively calm and steady week as, with the exception of a couple of dips, the precious metal traded within a $25 range above […]
