Gold price could fall $100 as safe-haven premium weakens but prices won’t collapse – Natixis The gold market could see a $100 drop as its geopolitical safe-haven premium weakens after Russia said it would scale back its war in Ukraine; however, don’t expect to see a collapse in gold or silver as the precious metals […]
Gold, silver down but well up from early lows Gold and silver prices are are solidly lower at midday Tuesday, but have moved well up from the sharp losses and five-week lows that were hit in early U.S. trading. The precious metals were pressured by an increase in trader and investor risk appetite. Profit taking […]
Big drop in oil, rising bond yields sink gold, silver Gold and silver prices are lower in midday U.S. trading Monday, as strong losses in crude oil and rising U.S. bond yields are pressuring the precious metals to start the trading week. Gold and silver market bulls can correctly argue that today’s losses were just […]
Can Bitcoin be banned? Kevin O'Leary and Roy Niederhoffer debate regulation and $500 million Bitcoin price target With Russia's invasion of Ukraine and inflation at decade-highs dominating the markets, how do Bitcoin, Ethereum, altcoins, and DeFi stack up? Can they still be banned, and what are some real long-term price targets? In Kitco's power panel, […]
Gold holds its ground as bond yields hit 2.5% The gold market is ending the week just above $1,950 an ounce, a slightly more than 1% gain from last Friday; however, investors need to look past the raw numbers and the environment that gold is trading in. Gold prices have established a new range above […]
Can gold price tackle $2,000 next week? Here's how that can happen After another solid week of gains, gold could be ready to take on the $2,000 an ounce level next week. But there are a few technical elements that need to come together for that to happen. Gold was able to advance more than […]
Gold, silver sharply up on safe-haven buying, inflation worries Gold and silver prices are are sharply higher in midday U.S. trading Thursday, as safe-haven demand is featured amid marketplace risk aversion that remains elevated amid the Russia-Ukraine war. Sharp gains in crude oil prices this week are also bullish for the metals markets, even though […]
Concerns about the Ukraine war and global inflation increase bullish sentiment for gold After declining over $60 per ounce last week gold found solid footing and support at approximately $1920. As of 4:30 PM EDT gold futures basis, the April 2022 contract is up by $6.50 and fixed at $1935.90. April gold has become spot […]
Gold price at $2,500, oil price at $50 in 9 months? The war in Ukraine and inflation fears remain the top drivers for gold, which is up around 6% since the start of the year. Here's a look at Kitco's top three stories of the week: 3. Hawkish Powell: U.S. economy 'can handle' six more […]
Volatile gold price action is here to stay as safe-haven interest 'reignited' – analysts Gold could easily make another run at $2,000 an ounce next week as the geopolitical situation is not easing, but the volatile price action is here to stay, according to analysts. After making a run for record highs last week, gold […]