Utilising MarketHive to Promote CryptoCurrency
Volatile gold slides from 7-year peak as traders cover margins * Gold still on track for best week since Feb. 2016 * Global stocks, oil tumble; U.S. Treasury yields at record low * Platinum climbs over 3%; set for best week in seven – Gold prices swung more than 1% on Friday, sliding from a […]
Gold Reclaims its safe-haven allure The last couple of weeks have contained extreme volatility in both the equities markets as well as the safe haven asset group. When U.S. equities began to selloff dynamically, we saw gold follow in tandem trading to lower pricing. It was not that gold lost its safe haven luster, rather […]
Equities continue to exhibit wild swing There has been one constant in financial market movement over the last couple of years, and that is that market sentiment not only turns on a dime, but it is not rare to see a market trading strongly higher followed by a day in which it trades strongly lower […]
Emergency Fed action takes traders by surprise As a preventative measure, the Federal Reserve today announced that they implemented an emergency move by having the central bank cut interest rates prior to the next FOMC meeting which will be held on March 18. Without any question this move is extremely rare to implement any monetary […]
Two reasons that gold moved Higher Gold had an exceptional day, breaking the strong price declines gold had last week. Although it closed twenty dollars off of last night’s high of 1612.10, it still had managed to gain $23.50, with April gold closing at $1590. It was not one but two primary reasons that we […]
The only gold price question Scotiabank is asking is how sharp is the uptrend Gold’s recent disappointing performance is not affecting sentiment at the world’s largest mining conference as one market analyst expects prices to continue to push higher through 2020. Nicky Shiels, commodity strategist at Scotiabank, kicked off her precious metals outlook, at the […]
Palladium slumps nearly 13%, gold up to 4.6% as precious metals join virus-led free fall * Palladium facing its worst daily performance since 2008 * Palladium sheds about $390 from Thursday’s record high * Platinum on track for worst week since 2008 * Silver set for its biggest weekly decline since 2011 Feb 28 (Reuters) […]
Why are stocks and gold both under so much selling pressure? Over this entire trading week analysts, traders and investors have remained bewildered not so much at the extent of the selloff, but analysts and investors were even more perplexed at the major selloff that occurred in gold in tandem with an asset class that […]
Shark Tank's Robert Herjavec: the scariest threat to safety is not just coronavirus The coronavirus has not only left the world paralyzed with fear of getting sick, but also presents new opportunities for hackers to attack the private sector, this according to Robert Herjavec, founder and CEO of Herjavec Group and star of Shark Tank. […]
Catching gold's elusive $1,700 level: Prices eye coronavirus cases, U.S. Super Tuesday — Pepperstone The pullback in gold prices offers a buying opportunity, according to Pepperstone, which remains bullish on the yellow metal as it looks to add longs on a move through $1,660 an ounce. “Investment case hasn’t changed. We are seeing more compelling […]
