Utilising MarketHive to Promote CryptoCurrency
Could we see gold enter a corrective upside bounce? Although multiple factors will influence the price of a stock or commodity, there are three primary essentials that market participants continue to focus upon because they provide insightful information. First and foremost are fundamental events. In the case of equities events such as earning reports, share […]
Gold sees mild price pullback from Wednesday's good gains Gold prices are modestly weaker in early U.S. trading Thursday, on a normal downside correction from the solid gains posted Wednesday. Importantly, the gold and silver bulls appear to have stabilized their markets following recent selling pressure. October gold futures were last down $3.20 at $1,748.00 […]
Gold price rises as inflation looks to have peaked The gold market is holding on to gains near session highs as inflation pressures look to have peaked, meeting economist expectations. Wednesday The U.S. Labor Department said its U.S. Consumer Price Index rose 0.5% in July, after a 0.9% rise in June. The data was in […]
Gold, silver see upside price corrections after recent steep slide Gold and silver prices are moderately higher in early U.S. trading Tuesday, on normal upside price corrections after the sharp losses suffered last Friday and on Monday. The precious metals bulls appear to have stabilized their markets—at least for now. October gold futures were last […]
Gold price well off its lows – Twitterverse sees drop below $1,700 as a buying opportunity The price action in the gold market has turned from bad to worst as the precious metal dropped to a new low for the year at the start of the Asian trading session. However, some analysts see the price […]
Already down $50, but August could still be 'terrific' month for gold Just one week into August, and gold is already down more than $50. But can the last month of the summer still prove to be a "terrific" one for the precious metal? Here's a look at Kitco's top three stories of the week: […]
Both gold and silver sustained major technical chart damage in trading yesterday Immediately following the release of the U.S. Labor Department’s nonfarm payroll jobs report, we saw both gold and silver sell off sharply. Initial estimates by economists polled by Dow Jones were forecasting that July’s additional jobs would total above 800,000 individuals. While the […]
Gold and silver are mixed heading into the European open Gold and silver are starting the session mixed on Friday. The yellow metal is trading at $1800/oz while silver has moved 0.10% higher to trade at $25.15/oz. In the rest of the commodities complex, copper trades 0.88% higher and spot WTI 0.61% in the black. […]
Gold and silver move lower heading into the European open Gold and silver have moved lower overnight. The yellow metal is trading -0.20% lower at $1809/oz while silver lost around -0.40% to trade at $25.29/oz. In the rest of the commodities complex, there is pretty much weakness across the board. Copper is -0.31% lower while […]
Gold is trading marginally lower leading into the European open Gold has kicked off the new week on the back foot. The precious metal is trading -0.33% lower but just above the $1800/oz psychological level. Silver is just marginally higher at the time of writing hovering at $25.50/oz. In the rest of the commodities complex, […]