Utilising MarketHive to Promote CryptoCurrency
Gold challenges record high but declines after hitting a high of $2078.80 Today gold spiked with a massive gain of $82, taking gold futures within $10 of the record high at $2088, which occurred in August 2020. Just as quickly as gold rose dramatically higher profit-taking and a recovery of U.S. equities resulted in gold […]
Gold flirts with $2000 as U.S. equities continue to encounter a dramatic selloff Gold continues to gain value based upon rising inflation levels and the current crisis in Ukraine. The combination of geopolitical tensions and high levels of inflation are highly supportive of higher gold and silver pricing in the future. Also, major selling pressure […]
Gold drives to $2,000 an ounce, oil breaks $130 a barrel The Ukraine-Russia conflict continues to roil markets, with oil prices pushing to its highest level since 2008 and gold prices hitting $2,000 an ounce. Oil prices have rocketed higher following the Asian open. While off their highs, April crude oil futures last traded at […]
'Tremendous momentum' in gold price -Watch out for next week's U.S. inflation number as geopolitics continue to drive metals (Kitco News) There is strong momentum in the gold space as investors repositioned themselves going into another uncertain weekend with all eyes on Russia's intensified attack on Ukraine. Gold gained more than $35 on Friday as Russian […]
Inflation and the crisis in Ukraine cause gold to surge, now only $27 away from $2,000 Gold prices have been moving to a higher value at a pace not witnessed in quite some time. On Monday, gold futures basis most active April 2022 contract opened at $1920 and closed at $1900 after recovering from a […]
Safe-haven demand continues to push gold price higher Gold prices are moderately higher in midday U.S. trading Thursday, on continued safe-haven demand as risk appetite remains squelched by the Russia-Ukraine geopolitical situation. April gold futures were last up $11.20 at $1,933.70 and May Comex silver was last down $0.035 at $25.155 an ounce. Risk aversion […]
Gold has a moderate decline as the second round of of negotiations begin Today gold prices declined as Russian and Ukrainian diplomats met to negotiate an end to the war. We are seeing the same reaction that occurred during their first round of negotiations, which was a softening of gold pricing and then a return […]
Gold, silver power higher amid keen marketplace anxiety Gold and silver prices are sharply higher in midday U.S. trading Tuesday, with gold poised to close at a 1.5-year high close. More safe-haven demand amid a very spooked marketplace is featured as the Russia-Ukraine geopolitical situation appears to be deteriorating by the day. April gold futures […]
Gold price to hit $2,150 on Russian invasion, 'very high inflation path' – Goldman Sachs As the West steps up sanctions against Russia in the aftermath of a full-scale invasion of Ukraine, Goldman Sachs raised its commodities price forecasts, citing supply disruptions and an even more problematic inflation outlook. The commodities to pay close attention […]
Gold price starts the week back above $1,900 but sees major volatility on further safe-haven demand he gold market continues to see significant volatility as Western nations react to the Russian invasion of Ukraine. Safe-haven demand pushed gold prices up 2% at the start of the Asian trading session, kicking off the new week on […]