Utilising MarketHive to Promote CryptoCurrency
The highly anticipated Jackson Hole Economic Symposium commences today Each year the Kansas City Federal Reserve hosts one of the most important economic symposiums in Jackson Hole, Wyoming. This major event is attended by the top central bankers in the United States and globally. This year’s event, the 2022 Economic Policy Symposium, "Reassessing Constraints on […]
Gold sees modest short covering, bargain buying Gold prices are firmer in midday U.S. trading Wednesday, on a routine upside price correction from recent selling pressure. Short covering in the futures market and some perceived bargain buying in the cash market are featured. The U.S. dollar index is trading slightly down and near its daily […]
Gold, silver rebound as USDX backs off, crude oil rallies Gold and silver prices are higher in midday U.S. trading Tuesday, on short covering in the futures markets and bargain hunting in the cash markets, following recent selling pressure. The key "outside markets" are also in a bullish daily posture for the metals today, as […]
Commerzbank lowers gold price target to $1,800 and sees potential for higher prices by 2023 The third quarter has been disappointing for many gold investors as the precious metal has been in a sharp downtrend and recently has been unable to hold any gains above $1,800 an ounce. Although gold has struggled in the face […]
Bitcoin price has hit bottom – coldest days of Crypto Winter are over – Ran Neuner and Steven Sidley With Bitcoin’s price bottoming below $20K in June, the worst days of the Crypto Winter are over, according to Ran Neuner and Steven Sidley, who joined Kitco’s Editor-in-Chief and Lead Anchor, Michelle Makori, in a panel discussion. […]
Gold is falling and can't get up The interesting thing about markets: just when you think you have figured them out, they do the opposite. Just six trading days ago, the precious metals looked ready to run; we reversed our silver position to long. Since the peak on Aug. 12, the metals have closed lower […]
Wall Street turns bearish on gold price, warns of volatility ahead of Jackson Hole As gold ends the week down 3%, Wall Street is turning negative on gold for next week, blaming a strong U.S. dollar and pressure from the upcoming Jackson Hole Symposium. Gold folded under pressure from the greenback on Friday as the […]
Gold, silver weaker Thursday as USDX trades sharply up Gold and silver prices are modestly lower in midday U.S. trading Thursday, pressured by solid gains in the U.S. dollar index today. Losses in the metals are limited by gains in the crude oil market today. October gold futures were last down $4.20 at $1,762.20. September […]
Gold, silver down on demand concerns – no reaction to FOMC minutes Gold and silver prices are lower in afternoon U.S. trading Wednesday, amid worries about demand for precious metals following this week’s downbeat economic data coming out of China and still-heightened worries about a U.S. and/or global recession. Rising U.S. Treasury bond yields and a […]
Gold, silver lower as crude oil sinks, bond yields rise Gold and silver prices are lower in near midday Tuesday. Weaker crude oil prices and rising U.S. Treasury bond yields on this say helped to pressure the precious metals markets. Also, recently rallying U.S. stock indexes that hit multi-month highs Monday are pulling away trader/investor […]