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Gold and silver trade slightly lower heading into the EU open Gold and silver trade marginally lower heading into the European cash equity open. Gold is 0.13% down at $1741.70oz while silver has lost 0.16% and trades near $25.10/oz. It was another mixed session for the indices in the Asia Pac area. The Nikkei 225 […]
Gold price could double in 5 years, here's why yields are not a problem The best is yet to come for gold as the precious metal could start rising along with its biggest obstacle — the 10-year Treasury yields — once inflation kicks in, according to one industry expert. "One of the main drivers for […]
Gold prices today drop, down â¹11,000 from record high, silver rates fall Gold rates today: Prices on MCX fell to â¹45,355 per 10 gram Gold rates today: Prices on MCX fell to â¹45,355 per 10 gram A strong US dollar and elevated bond yields put pressure on gold Gold saw its first quarterly drop since […]
You can now pay with Bitcoin on PayPal and Visa -Frank Holmes on crypto's future Bitcoin is now accepted as a form of payment via both PayPal and Visa. Frank Holmes, CEO of U.S. Global Investors said that this was the result of increased adoption. "I think this adoption process is accelerating," Holmes said. "Metcalfe's […]
Gold/Silver/Commodities – The Second Quarter Outlook The first quarter is behind us, and the second is off to a bang with Silver +2.09%, Platinum +1.9%, Gold +0.86%, and Copper +0.45%. What is the best performer, you might ask? Crude Oil +3.52%. The Jobs Report came in at +916,000, and in observance of Good Friday, the markets […]
After the worst start to the year in almost four decades and the worst quarterly performance in more than four years, gold is kicking off the second quarter on a much better note. But will it last? "Gold has got off to the worst start to any year in 39 years, plunging by 10%, i.e. […]
Gold and silver are at key levels ahead of the EU open After falling another 1.56% during Tuesday's session gold is hanging on at the previous wave low support this morning near $1686/oz. Silver is trading 0.32% in the black very close to the $24.00/oz psychological area. Both chart structures look very weak but this […]
The $1700/oz psychological area has been breached once again Gold is still looking pretty heavy at the moment and lower levels are in focus as the bulls continue to remain in charge. There has been a fresh wave of selling pressure as both stocks and fixed income yields rise in the EU session so far. […]
Gold and silver slide lower leading into the EU open Gold and silver are starting the EU session in the red after falling in the Asia Pac session. The yellow metal is down -0.26% while silver trades nearly 1% in the red below the $25/oz psychological handle. It was not much better in the rest […]
Hold gold or drop gold? Is bitcoin really hurting gold? This question is on everyone’s mind as bitcoin is up 85% and gold is down 10% since the start of the year. And this debate is not dying out anytime soon, at least according to our top three stories from this week. Fed Chair Jerome […]