Utilising MarketHive to Promote CryptoCurrency
Silver prices are stuck, but future shines bright as industrial demand grows – Bank of America Silver prices are stuck in a wide range finding little momentum from subdued investor interest; however, commodity analysts at Bank of America expect the precious metals industrial demand to keep the market well supported. In a report published Friday, […]
Gold price to focus on new decades-high inflation numbers next week – analysts The gold market will pay close attention to the U.S. inflation numbers in what will be a very data-heavy week. Analysts are looking for prices pressures to reach new four-decade highs of well above 8% in March. The big macro news still […]
Gold rises as investors brace for Tuesday’s CPI inflation report As of 4:44 PM EDT gold futures basis, the most active June 2022 contract is trading up $11.70, a gain of 0.60% at $1949.50. There were some alarming forecasts for the upcoming release of the latest inflationary data vis-à-vis the CPI (Consumer Price Index) on […]
Gold moves higher as investors refocus on inflation and Ukraine Unquestionably market sentiment oscillates amongst the investment community focusing upon inflationary pressures and Ukraine or on the Federal Reserve’s tightening of their monetary policy. Inflationary pressures and the war in Ukraine create bullish market sentiment for the safe-haven asset class, specifically gold. In contrast, reactions […]
Gold choppy but lower as FOMC minutes show no hawkish surprises Gold prices initially erased mild losses and traded firmer in the wake of the just-released FOMC minutes. However, prices have since sold off moderately. Many deemed the FOMC minutes as containing no hawkish surprises, which allowed the precious metals markets to briefly drift higher. […]
VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million Russia's war in Ukraine has created what some economists see as irrevocable shifts in the geopolitical landscape; lines are being drawn among allies and opponents that won't easily be undone. Fund managers at VanEck looked at how this new landscape will impact […]
Gold up as crude oil rebounds, inflation worries linger Gold prices are higher in midday U.S. trading Monday, supporting by continued worries about problematic price inflation which will likely get worse before it gets better. A rebound in crude oil prices today also supports the metals markets. June gold futures were last up $13.10 at […]
Gold price kicks off Q2 with $30 losses, but $2k mark expected to be hit soon – analysts After a stellar first quarter, gold's April trading started on a sour note as prices dropped $30 on the day amid rising yields. But analysts are keeping a close eye on the 2-year and the 10-year Treasury […]
Nothing beats gold as real money The devastation created by Russia's invasion of Ukraine continues unabated and it is now starting to have significant implications for the global economy. According to some economists, we are witnessing the end of globalization. Lines are being drawn between allies and opponents that won't easily be undone, even if […]
Gold up as traders buy the early dip – U.S. jobs data looms Gold prices are modestly higher in midday U.S. trading Thursday, as the bulls stepped in to buy the early slight dip in prices. Oil prices pushing well up from their daily lows after trading sharply down early on also supported the metals […]