Volatility ramps up in gold as COVID-19 spreads

Volatility ramps up in gold as COVID-19 spreads On Friday gold futures closed up in double digits with a net gain of over $20 on the day. This led to the only time we see gold prices gap extremely higher, or lower; the weekend. As gold reopened Monday morning in Australia it did so with […]

Gold price today rises 1 on safe haven demand as Coronavirus spreads

Gold price today rises 1% on safe haven demand as Coronavirus spreads At 9.07 am, April gold futures were trading 0.87 per cent higher at Rs 43,037 per 10 grams on MCX. EW DELHI: Gold futures for April delivery rose nearly 1 per cent in Monday’s trade amid concerns over the spread of coronavirus outside […]

Gold and palladium both have a historical week

Gold and palladium both have a historical week This was truly an historical week for traders of the precious metals. Both gold and palladium made substantial and strong upside moves resulting in a all-time new record high for palladium, and gold reaching a seven-year high. There are distinct differences in the rationale and reasons that […]

Gold price pushes above 1600 what’s next?

Gold price pushes above $1,600, what's next? For a lot of analysts it was only a matter of time before gold prices breached $1,600 an ounce and with that target achieved, those professionals say that the precious metal has room to run a little further. Gold price have been climbing steadily higher Tuesday as fear […]

Gold has room to push to 1600 in the short term UBS

Gold has room to push to $1,600 in the short term UBS A correction in equity markets due to shifting economic growth expectations could be the catalyst to push gold out of its narrow range, according to one market strategist. In a recent report, Joni Teves, precious metals strategist at UBS, said that although gold […]

Temporary suspension of trading KVTs on the Kinesis Exchange

Temporary suspension of trading KVTs on the Kinesis Exchange At Kinesis, we strive to deliver value to our clients, and Kinesis Velocity Token (KVT) holders. The value of KVTs, as outlined in our blueprint, is derived from a fully operational product suite, designed to deliver yields based on transaction fees and velocity. Velocity is key […]