Utilising MarketHive to Promote CryptoCurrency
Silver will outperform gold as inflation picks up – Murenbeeld & Associates Brought to you by kitco.com The silver market has seen some spectacular volatility this year as market expectations shift back and forth between deflation and inflation risks. One market analyst said that silver investors need to be patient as the market could see […]
Dollar off 3-week low, yuan eases after PBOC move TOKYO, Oct 12 (Reuters) – The dollar inched up in early Monday trade as riskier currencies slipped after negotiation on a U.S. stimulus package ran into resistance and as the yuan dropped after China's central bank took a measure seen as aimed at curbing its strength. […]
Chart Of The Day – Silver Recovery Should Be Treated With Caution Gold and silver have endured a volatile week, recovering from a weak start to turn positive. Unless something changes later today, the precious metals are on course to end higher for the second consecutive week. The major global indices, including the S&P 500, […]
Making the case for $3,000 gold: the power of scarcity Despite the gold price hitting all-time highs this year, growth for both the bullion and the gold mining sector is just getting started, with gold expected to expand to the $3,000 an ounce range, said Jeff Pontius, CEO of Corvus Gold. “I think we’ve got […]
This driver could 'propel' gold price back to its new all-time highs – Bloomberg Intelligence There is one driver that could really re-ignite the gold price rally during this turbulent fourth quarter, according to Bloomberg Intelligence (BI). All macro and political risks aside, a peak in the dollar is the one factor that can push […]
Gold price has bottomed, $4k target for either Trump or Biden victory – Frank Holmes Gold has traded sideways for the last few weeks, but the price action is forming a bottom, said Frank Holmes, CEO of U.S. Global Investors. Despite market volatility ahead of the November presidential election, Holmes maintains his $4,000 price target. […]
Gold price tumbles 2% as Trump calls off stimulus talks with Democrats Gold plunged along with stocks after U.S. President Donald Trump called off stimulus negotiations with the Democrats “until after the election.” The yellow metal once again fell below its key $1,900 an ounce level that it was trying to breach on a sustainable […]
Central banks could be stepping up gold purchases after 2020 pause Cntral banks around the world are likely to re-engage with gold purchases in 2021 after this year's pause, according to several banks and research firms. The official sector's gold purchases reached record levels in 2018 and 2019, seeing a total of 656 and 667 […]
Analysts see gold on the upswing after holding support at $1,850 The gold market could have turned a corner and is now heading higher as prices look to end the week above $1,900 an ounce and sentiment among retail investors and market analysts is looking bullish, according to the latest results of the Kitco News […]
Gold and silver follow up & future predictions for 2020 & 2021 RESEARCH HIGHLIGHTS: Uncertainty and cycle events will likely lead to continued Gold and Silver price appreciation until the cycle events end (likely in 2024 or 2025). The gold/silver ratio chart shows very clear levels of support and resistance. With the next targets $2,000-$2,250, […]