Utilising MarketHive to Promote CryptoCurrency
Gold prices can fall 4% in the near term, but its long-term outlook remains bullish – Natixis Weak inflation pressures have pushed gold prices solidly back above $1,950 an ounce; however, despite Tuesday’s gains, one international bank is looking for lower prices through the end of the year as the fear trade continues to fade. […]
Gold gains on short covering, bargain hunting Gold prices are moderately higher near midday Monday, on some short covering by the shorter-term futures traders and some perceived bargain hunting after recent selling pressure. Gold and silver prices overnight hit four-week lows. December gold was last up $7.00 at $1,944.70. December silver was last down $0.061 […]
Gold prices open Sunday in positive territory as markets react to Moody's negative outlook on U.S. debt Gold prices remain below $1,950 an ounce but are seeing a positive start to the week as investors react to Moody's negative outlook on U.S. debt. Late Friday, after North American markets closed, the rating agency affirmed America's […]
Gold prices need to see weak inflation as prices drop nearly 3% this week Gold prices could continue to struggle next week as Federal Reserve Chair Jerome Powell has "closed the door" to stop any potential dovish bias from creeping into the marketplace. Thursday, at an event hosted by the International Monetary Fund, Powell said […]
Bitcoin holds its ground while altcoins surge higher Cryptos closed out the work week strong as Bitcoin (BTC) bulls managed to fend off an attempt by bears to push the top crypto into a deeper correction, while the altcoin market continued to trend higher as traders entered the market in full force. Stocks also climbed […]
Gold, silver rebound as USDX dips, crude gains Gold and silver prices are moderately higher in midday U.S. trading Thursday. The precious metals bulls stepped in to buy the dip in prices following some technical selling pressure recently. The key outside markets were mostly friendly for gold and silver today. The U.S. dollar index was […]
Gold pressured on technical selling, drop in crude oil Gold prices are lower in midday U.S. trading Wednesday. The sellers are in control today as crude oil prices have slumped to a 3.5-month low and as the near-term technical posture for the yellow metal has deteriorated this week—prompting some chart-based selling from the speculators. Silver […]
The gold market needs another catalyst to drive ETF inflows for stainable higher prices While October was a historic month for the gold market as the precious metal saw a record-high closing price for the month, more is needed to create a sustainable bid in the marketplace, according to analysts at the World Gold Council. […]
Better risk appetite limits buying interest in gold, silver Gold and silver prices are weaker in midday U.S. trading Monday. The safe-haven metals are seeing some downside price pressure as trader and investor risk appetite has up-ticked modestly recently, as seen by last week's solid rally in the U.S. stock indexes. December gold was last […]
Gold lacks the juice to break through $2,000 this week, but analysts don't recommend shorting it Gold’s inability to convincingly break above $2,000 an ounce is creating some cautious sentiment in the marketplace, with some analysts saying that prices might need to consolidate in the near term before the precious metal takes a run at […]
