Gold and  silver lose ground heading into the EU session despite some USD weakness Gold and silver trade marginally lower heading into the EU session on Wednesday despite some weakness in the USD overnight. Risk sentiment was generally positive as the ASX (0.72%) and Nikkei (0.26%) closed higher and the Shanghai Composite was the laggard closing […]

Gold moves higher heading into the EU session Gold (0.83%) and silver (1.60%) are heading higher into the EU session as sentiment in the Asia-Pac area was weak. The Nikkei 225 trades 0.17% lower, ASX is down 0.43% and the Shanghai Composite (-0.06%) traded just under flat. Overnight it was reported that gold imports fell […]

Can 2020's last full week take gold price to $1,925? Gold is facing strong resistance right at the $1,850 mark. Can it breach it and move to $1,925 an ounce next week? Analysts are not ruling it out, but everything seems to depend on the U.S. fiscal stimulus, which is still up in the air. […]

What makes gold a strategic asset? Gold benefits from diverse sources of demand: as an investment, a reserve asset, a luxury good and a technology component. It is highly liquid, no one’s liability, carries no credit risk, and is scarce, historically preserving its value over time. Gold can enhance a portfolio in four key ways: […]

Year-end surprise in store for gold? 3 weeks left in 2020 Gold is in recovery mode but is this a start of another bull run or just a reaction to an oversold drop in November? This is exactly what Kitco News asked the analysts this week and the optimists prevailed. Just a bit of background […]

Billionaire Thomas Kaplan – Silver prices can 'absolutely' hit triple digits – Kitco News Exclusive More than 20 years ago famed investor Thomas Kaplan made his first fortune in silver, buying options and turning that investment into one of the biggest zinc-silver mines in the world. In an exclusive interview with Kitco News, the CEO […]

Gold plummets as stimulus negotiations stall and vaccine headway Gold prices tumbled in active trading today, with the most active February 2021 Comex contract trading to a low of $1828 before recovering. As of 5:04 PM EST gold futures are currently fixed at $1842.90 after factoring in a net decline of $32 (-1.71%). Today the […]

Gold dips as equities climb on vaccine cheer – stimulus hopes support Gold prices eased on Wednesday as encouraging vaccine developments pushed investors towards riskier equities, although hopes for more U.S. stimulus kept bullion near two-week highs hit in the previous session. Spot gold fell 0.3% to $1,865.46 per ounce by 0309 GMT, after hitting […]

Bitcoin is challenging gold – Gold price outlook is 'no longer overwhelmingly bullish,' says UOB Why has the gold price rally stalled, and is bitcoin to blame? Singapore's United Overseas Bank (UOB) says the massive surge in crypto's popularity could be partly responsible, but it is far from being the sole cause. One of the […]

Raoul Pal sold his gold because 'bitcoin is eating the world' – $300k price in 18 months Bitcoin is like a call option to the emergence of cryptocurrencies in the world, said Raoul Pal, CEO of Real Vision. "I've never seen anything like what is going on right now. You have a limited supply asset […]