Utilising MarketHive to Promote CryptoCurrency
Goldman Sachs sees gold rallying over $2,000 in 12 months as banking crisis spurs safe-haven demand The biggest banking crisis since 2008 has created a surge in safe-haven demand for gold and Goldman Sachs is looking for prices to remain above $2,000 an ounce 12 months from now. Wednesday, commodity analysts at Goldman Sachs […]
Gold's bullish uptrend won't be reversed by a 'mean washout' – analysts The gold market retreated Friday as better-than-expected U.S. data and hawkish comments from St. Louis Fed President James Bullard weighed on prices. But analysts don't see the gold's bullish uptrend reversing soon. Gold was down around $15 on the day after hitting a […]
Gold exhibits extreme gains as traders digest the complex events of March Gold as a haven asset has been the recipient of the financial uncertainty that has unfolded this month. Gold futures hit a low of $1814 on March 8 and traded to its highest yearly value on Monday when April futures traded to an […]
Gold, silver rally amid less-hawkish Fed, weaker USDX Gold and silver prices solidly higher in midday U.S. trading Thursday, boosted in the wake of the Federal Reserve raising its main interest rate by a quarter-point, but also suggesting rates will not continue to rise. A depreciating U.S. dollar on the foreign exchange market is also […]
Gold futures surge $32 higher after the Fed signals a pause in hikes is imminent The rally in gold spot and futures returns after a small two-day correction. On Monday of this week, gold hit a new high value at $2015 per ounce. It was approximately one year ago to the day that gold futures […]
Gold prices decline after reaching $2000 yesterday as banking fears ease Yesterday gold futures surged to the highest value of 2023, however after trading to a high of $2014 gold basis is most active April 2023 contract closed well below the intraday high. The high achieved yesterday was not only unsustainable on Monday but led […]
Gold hits 12-mo. high, falls back a bit on profit taking Gold and silver prices are slightly up in midday U.S. trading Monday, with gold notching a 12-month high of $2,014.90 overnight, basis April Comex futures, and silver a six-week high. Some normal profit-taking pressure and chart consolidation are seen on the price pullbacks from […]
'Original fear of missing out': Gold price explodes and could test $2k after best week in 3 years – analysts The gold market surged as prices saw their best week in three years amidst the fallout of the banking sector. Analysts are not ruling out a test of the $2,000 an ounce level next […]
Gold Price Chart View the live price for instantly purchasable physical gold bullion on our live charts, displaying data straight from the Kinesis Exchange View the gold price over different time frames: a day, week, month or year for accurate, real-time pricing on allocated gold bullion in kilograms, grams or ounces. Monitor the gold […]
Gold surges to $1982.8 as investors rethink the banking crisis and accommodative Fed Gold futures surged to the highest value of 2023 taking out the former high of $1976 achieved in February. As of 4:09 PM EST, the most active April contract of gold futures is up $58.10 or 3.02% and fixed at $1981.10. Although […]