Utilising MarketHive to Promote CryptoCurrency
Modest price gains for gold as bulls still have strength Gold prices are mildly higher and silver mildly lower in midday U.S. trading Wednesday. Chart consolidation is the feature in both metals this week, but the bulls still hold the upper technical hand at present. December gold was last up $5.10 at $1,991.90. December silver […]
Gold prices pull back as Middle East tensions ease, silver maintains bullish bias – DailyFX's Snow Gold prices have come off their recent highs due to successful diplomatic efforts which have allowed for a near-term de-escalation in the Middle East, according to Richard Snow, Strategist at DailyFX. In his analysis, Snow noted the recent agreement […]
Another one bites the dust: gold price hits a record high against Aussi dollar The gold market continues to attract attention as prices push back to $2,000 an ounce, with many analysts now saying that the precious metal could be on its way to all-time highs. However, as a global monetary metal, gold has already […]
Gold price to see wild $100+ daily gains, Bitcoin rally to follow, if Middle East tensions escalate and spillover into 'unmitigated disaster' – Larry Lepard Turmoil in the Middle East is keeping investors on edge, and gold is one of the first assets to react — rising above the critical psychological level of $2,000 an […]
Gold Price News: Gold Leaps Ahead on Heightened Risk Aversion ← Back to Gold News Gold continues to rally strongly, with recent gains taking the price to a three-month high of $1,979 per ounce. For now, the appetite for safe-haven assets is trumping stiff rate headwinds. Market drivers for gold remain under significant tension. US […]
Gold a bit firmer as Fed Chair Powell on deck Gold prices are slightly up and near the daily high, while silver is modestly down in midday U.S. trading Thursday. The markets are seeing some price consolidation following recent solid gains. Mild profit-taking from the shorter-term futures traders was featured in earlier trading. Still-keener risk […]
Sharp gains for gold on better safe-haven bidding Gold prices are solidly higher and hit a six-week high in midday U.S. trading Wednesday. Silver prices are slightly up and scored a three-week high. Keener risk aversion in the marketplace as the Middle East violence is flaring up has traders and investors seeking out safe-haven assets […]
Gold, silver firmer despite hotter U.S. CPI and rising bond yields Gold and silver prices are a bit higher in midday U.S. trading Tuesday. The precious metals bulls are holding their own despite a stronger-than-expected U.S. retail sales report and rising U.S. Treasury yields this week. December gold was last up $1.80 at $1,936.10 and […]
Gold is a better diversifier when bonds are this correlated to stocks – TheStreet's Dierking Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day's top stories directly to your inbox. Sign up here! Bonds are no longer a very good diversifier […]
UofM Consumer sentiment falls to 63, providing support for gold 2% gains The gold market is holding on to solid gains Friday as U.S. economic data points to a growing risk of stagflation, as consumer sentiment continues to drop but inflation expectations rise sharplUofM Consumer sentiment falls to 63, providing support for gold 2% gainsy. […]