Asia shares off to cautious start gold recoils

Asia shares off to cautious start, gold recoils Reuters MSCI's broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS eased 0.2% in slow early trade, with a pause needed after five straight weeks of gains. Japan's Nikkei .N225 fell 1.3% and South Korea .KS11 0.1%. E-Mini futures for the S&P 500 ESc1 slipped 0.7%, having jumped […]

Gold closes below 1700 despite dollar weakness

Gold closes below $1700, despite dollar weakness It may have been gone as soon as it appeared gold above $1700 per ounce was short-lived as market forces and a changing market sentiment took the precious yellow metal $37 lower today, with gold futures currently fixed at $1694.50. The first indication that gold futures might correct […]

Gold prices should still hit 2000 this year but can silver keep up?

Gold prices should still hit $2,000 this year, but can silver keep up? Gold prices were down slightly on Wednesday, but in the medium-term, fundamentals should still push prices towards the $2,000 an ounce level, this according to Bill Baruch, president of Blue Line Futures. “I think gold will see $2,000 this year, I think […]

Gold silver bulls bask amid bullish charts safe-haven buying

Gold, silver bulls bask amid bullish charts, safe-haven buying Gold futures prices are trading not far from unchanged on the day Tuesday at midday, after scoring a 7.5-year high early on, at $1,788.80, basis June Comex futures. Silver prices are sharply up and at a four-week high today. Gold bulls are enjoying the strong near-term […]

Chinese Indian gold jewelry demand falling off a cliff – Capital Economics

Chinese, Indian gold jewelry demand falling off a cliff – Capital Economics Investment demand will continue to drive gold prices even as physical sales in critical global markets have fallen off a cliff so far this year, according to one investment research group. In a report Thursday, Alexander Kozul-Wright, a commodities economist at Capital Economics, […]

Kevin O’Leary-backed venture creating new asset class during crisis

Kevin O'Leary-backed venture creating new asset class during crisis Venture capital through crowdfunding is a new way investing for retailers, and contrary to traditional venture capital, this asset class has seen increased activity during the pandemic, said Howard Marks, CEO of StartEngine. “StartEngine is a crowdfunding equity platform. Our mission is to help entrepreneurs achieve […]

20000 gold price: Franco Nevada chairman makes the case

$20,000 gold price: Franco Nevada chairman makes the case < Gold prices should skyrocket to much higher levels, even $20,000 in two to five years’ time, as gold reaches a price level close to the level of the Dow Jones Industrial Index, this according to Pierre Lassonde, chairman of Franco Nevada. “When I look at […]