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Gold bull market is just getting started, silver has even greater upside, and Bitcoin ETFs will flop – Peter Schiff While gold has backed well off the all-time highs it set two days ago and Bitcoin has stolen the spotlight, the real bull market for gold and silver is only just beginning, according to Peter […]
Gold spikes to record high, backs off sharply; bulls now exhausted Gold and silver prices sharply lower in midday U.S. trading Monday, after gold overnight spiked to a new record high of $2,152.30, basis February Comex futures. Silver hit a seven-month high overnight. The two precious metals markets are seeing the shorter-term futures traders taking […]
Spot gold price rockets through resistance on Sunday evening, setting new all-time highs Spot gold opened the Sunday evening session with massive momentum, obliterating key resistance levels and the previous high to set a new all-time high of $2,148.99 within the first half-hour of trading. Gareth Soloway, Chief Market Strategist at InTheMoneyStocks.com and President of […]
Gold starts December with all-time highs; but can continue to ignore a hawkish Fed – analysts A record closing price in November wasn't enough for gold investors, as solid momentum has pushed prices to an all-time high ahead of the weekend. February gold futures last traded at $2,091.90 an ounce, up more than 4% from […]
Gold breaks record high is a new record price high around the corner? As the saying goes; you ain't seen nothing yet! The price of Spot gold today is fixed at $2070.10, just about $10 below the record high achieved in May, according to Kitco News. Based on the continuous contract of gold futures which […]
Rally in gold and silver is far from over From the beginning of October to the last day in November silver has had a profound and dramatically strong gain. This despite one moderately deep correction beginning on October 19, and concluding on November 13. Monday, November 13, was the exact day that Silver pivoted back […]
Gold, silver posting modest gains amid bullish technicals Gold and silver prices are firmer near midday Wednesday. February gold futures hit a six-month high overnight, while March silver notched a three-month high. The two precious metals are being boosted by increasingly bullish near-term chart postures. A recently slumping U.S. dollar index that overnight hit a […]
Gold surges, dollar declines on Fed official's remark & geopolitical unrest After opening at $2035.10 in trading today gold futures surged to a high not seen for approximately the last year. As of 3:15 PM EST, the most active February 2024 contract has surged by $26.30 and is currently fixed at $2061.50. A major component […]
Gold, silver hit multi-week highs on weak USDX, bullish charts Gold and silver prices are moderately higher near midday Monday, but down from their daily highs. February gold hit a four-week high and March silver a three-month high today. The precious metals are seeing buying support from a slumping U.S. dollar index that is trading […]
Gold prices holding above $2,000 as U.S. flash PMI provides muddled economic outlook Gold prices are holding near session highs above $2,000 an ounce as preliminary indicators point to a further contraction within the manufacturing sector and neutral activity in the service sector. Friday, the S&P Global Flash U.S. manufacturing PMI data fell to 49.4, […]