Utilising MarketHive to Promote CryptoCurrency
Gold surprises investors this week Gold surprised many investors this week, rising to a strong resistance point of $1,830 an ounce following the Federal Reserve's interest rate announcement. Here's a look at Kitco's top three stories: 3. Gold price jumps back above $1,800 as Fed's Powell says the U.S. is ways away from 'substantial further […]
Are gold stocks set for explosive growth like last summer? Yamana exec Peter Marrone on challenges, opportunities With the challenges of shutdowns brought by COVID-19 largely behind us, miners can now focus on rebuilding production to maximum capacity. Inflation now remains the biggest challenge to miners, said Peter Marrone, executive chairman of Yamana Gold. “It […]
Gold and silver trade flat leading into the European open performing well again on Thursday gold is heading into the European open flat. Silver is also trading flat after pushing 2.17% into the black during yesterday's session. Looking at the rest of the commodities complex, copper is -0.71% lower and spot WTI is half a […]
Broader trends in the gold market still positive even as demand drops 10% in first half of 2021 Gold demand picked up in the second quarter, but it wasn't enough to undo the weakness seen at the start of the year, according to the latest research from the World Gold Council. Thursday, in its quarterly […]
Gold SWOT- Demand for Gold & Precious Metals Is Running Hot Strengths The best performing precious metal for the week was gold, up 0.21%. Gold remained stable during the week as bond yields retreated and investors weighed the outlook for global growth on concerns that coronavirus variants may threaten the economic recovery. The dip in […]
Gold, silver and bitcoin rise ahead of the European open After a tough end to last week gold has started the week on the front foot rising 0.23% in the Asia Pac session. Silver is also trading well and has moved 0.23% higher to trade at $25.22/oz. In the rest of the commodities complex, copper […]
'We're in untested waters,' hard assets are real winners Gold is fighting for its spot above the $1,800 an ounce level. But analysts are not ruling out a selloff towards $1,730 as risk appetite and a stronger U.S. dollar weigh on gold. Here's a look at Kitco's top three stories of the week: 3. Elon […]
Gold/Silver- time to get technical We just experienced one of the quieter weeks for Gold with all the distractions and headlines focusing on the "Delta Variant" and its potential negative impact on the reopening trade and Small Cap stocks. The Russell 2000 came under significant pressure along with Crude Oil on Monday and Tuesday, followed […]
Gold fights against the currents of the dollar, rising yields, equities, and crypto Gold is undoubtedly swimming against strong currents, which are curtailing any move to the upside. Recently it has been struggling successfully to stay above $1800 per ounce. On Monday as well as today, gold prices came close to testing the 100-day moving […]
Gold and silver are flat leading into the European open Gold and silver are trading flat this morning leading into the European open. Gold is still hanging on to the $1800/oz level while silver is just below $25/oz. In the rest of the commodities complex, copper has dropped 0.69% while spot WTI (0.72%) continues to […]