Utilising MarketHive to Promote CryptoCurrency
The gold market went back to basics in the first quarter of 2021 as demand for jewelry and physical bars and coins supported a sharp drop in investment demand, according to the latest research from the World Gold Council (WGC). In its quarterly Global Demand Trends report, the WGC said that physical demand for the […]
'We are sitting on economic cliff' – Gold price will be 'well north of $2,000 this year' – ex-JP Morgan MD nvestors could see a big move higher in gold soon, according to ex-JP Morgan managing director and now CEO of Trovio, Jon Deane, who sees prices trading well north of $2,000 an ounce this year. […]
Gold and silver are marginally higher heading into the European open It has been another indecisive session for gold and silver overnight as they trade within their ranges. The yellow metal trades 0.04% higher at $1781/oz and silver is back above the psychological $26/oz handle but flat. It is once again copper stealing the show […]
Gold is trading marginally lower heading into the European open Gold and silver are started the European session slightly lower this morning following any major lack of direction in the Asia Pac session. The yellow metal trades at $1776/oz just under flat while silver has dropped nearly half a percent to trade at the 25.87/oz […]
Can massive bitcoin selloff push gold price above $1,800 next week? Gold attempted to tackle the $1,800 an ounce this week — a level, which once breached, could help get the precious metal above $1,900 an ounce, according to analysts. Even though the attack on $1,800 was unsuccessful for now, analysts remain optimistic on gold's […]
Gold closes the week in-essence unchanged Gold futures basis the most active June 2021 Comex contract opened on Monday morning in Australia at $1778.80 and today closed down – $5.50 (-0.31%) and is currently fixed at $1776.50. While gold had just under a $50 trading range during the week, by Friday’s close, gold futures lost […]
Gold and silver move marginally lower heading into the European open Gold and silver are trading marginally lower on the last trading day of the week. The yellow metal sold off before it could make a meaningful test of the $1800/oz area. Silver is still holding on to the psychological $26/oz area. Risk sentiment was […]
Gold moves slightly lower heading into the European open After another move higher during Wednesday's session gold is heading into today's European session 0.14% lower. Silver (-0.28%) is also slightly down but this pales in comparison to the 2.81% gain yesterday. After a strong close on Wall Street yesterday the ASX (0.83%) and Nikkei 225 […]
Gold pushes higher ahead of the European market open Gold and silver are once again trading higher leading into the European open. Gold is 0.40% higher at $1785/oz while silver has moved up 1% to reach $26oz again. After inheriting a negative close from the U.S., bourses in the Asia Pac area have struggled overnight. […]
Gold and silver are mixed leading into the European open Gold is trading marginally lower heading into the European open and this comes after a 0.32% fall in yesterday's session. Silver performing slightly better trading 0.30% higher but this also comes after a drop on Monday's session. After inheriting a negative close from Wall Street […]