Utilising MarketHive to Promote CryptoCurrency
Yamana Gold's Q2 production is lower due to COVID-19 suspensions Yamana Gold (TSX:YRI) announced today gold production of 164,141 ounces and silver production of 2.01 million ounces. The gold miner released preliminary production results. Production was down compared to the previous quarter when gold production came in at 192,238 ounces and silver production was 2.73 […]
Gold’s recent rise occurred as a series of stair steps Just over one week ago, on Tuesday, July 7th, gold prices broke and closed above $1800 per ounce for the first time since November 19, 2011. Over this last week there have been two occasions when gold pricing on an intraday basis dipped below $1800. […]
Global stocks rebound on cyclical surge, gold edges higher NEW YORK (Reuters) – Global equity markets rebounded on Tuesday, buoyed by a surge in cyclical stocks on Wall Street as investors bet the economic recovery would overcome a rollback of California’s reopening, while safe-haven gold prices solidified gains above $1,800 an ounce. The euro rose […]
Rick Rule says gold 'overpriced' near-term; still 'wildly bullish' long-term The recent gold price rally may have gone "too far, too fast," said Rick Rule, president of Sprott U.S. "I think [gold] might be, in the near-term, overpriced. The truth is that gold bull markets, historically, have been extraordinarily volatile. It wouldn't surprise me to […]
Gold market is starting to resemble elephants trying to fit 'through a really small door' The relatively small size of the gold sector could lead to out-sized investor gains, said Vrify CEO Steve de Jong. De Jong sat down for a podcast on Friday with mining reporters Neils Christensen, Michael McCrae and Paul Harris. Before […]
Precious gift- $1,800 gold, and higher silver ahead Gold investors on the long side got a precious gift this past week: $1,800 gold! That means gold has gained 17.9% year-to-date, 29.1% in the last twelve months, and is at 9-year highs last seen in late 2011. Now that’s momentum. And the drivers for this rise […]
Gold and silver see healthy pullback, platinum fails at resistance Thursday's action in gold and silver was very bullish. Pullbacks in bull markets are really buying opportunities. If you always remember one thing in up trending markets: buying support is the best trade. It's just like selling rallies or resistance is the best trade in […]
Silver – not a secondary metal Since the middle of March 2020, the iShares Silver Trust (NYSEARCA: SLV) has already seen rallies of more than 57%. It is now clear that these incredible moves have come as a decisive response to the market’s assessments of the global economic outlook post-coronavirus era. Ultimately, the recent rallies […]
A ticket to a golden rally, will gold break its all-time record high? For those investors, traders and market participants that actively trade or invest in gold, the last couple of trading days have truly been historic. Yesterday gold futures for the first time since 2011 closed solidly above a key psychological and resistance level […]
Kirkland Lake sells its gold for $400 oz higher compared to a year ago Kirkland Lake Gold (NYSE:KL) said today that consolidated Q2 2020 production was 329,770 ounces, a 54% increase from 214,593 ounces produced in Q2 2019. Kirkland seemed to escape any major falls in output due to the pandemic, which suspended operations in […]
