Utilising MarketHive to Promote CryptoCurrency
Gold Price News: Gold Consolidates As Middle East Conflict Boosts Haven Appeal Once again, gold has confirmed its key role as a safe haven amid market uncertainty. Growing geopolitical concerns from escalating tensions in Israel and Gaza increased investors’ demand for bullion and pushed the price higher. In the last few days, gold has been […]
Gold, silver a bit weaker following warm U.S. inflation report Gold and silver prices are slightly down in midday U.S. trading Thursday, following a U.S. consumer inflation reading that was just a bit higher than expected. The markets also saw routine corrective pullbacks from recent price gains. December gold was last down $2.90 at $1,884.20 […]
Gold prices holding near one-week high as FOMC minutes support 'higher for longer' interest rates The gold market is holding solid gains even as the minutes of the Federal Reserve's September monetary policy meeting show that the central bank is committed to maintaining a "higher for longer" monetary policy stance. Although the Federal Reserve is […]
Gold prices reined in by risk-on sentiment, but geopolitics, USD pullback should offer support – City Index's Razaqzada Today’s uptick in risk appetite is creating some drag on gold prices, but the precious metal’s weekend gap remains open, says Fawad Razaqzada, Market Analyst at City Index. “In other words, gold is still comfortably higher than […]
Coinbase fears crypto sector could follow semiconductors offshore due to lack of US support At a time of robust crypto and Bitcoin news coverage, widespread investor interest, and a burgeoning array of new businesses competing within the sector, it almost seems implausible to suggest that this industry is somehow at risk. And yet, that's exactly […]
Waterfall decline in gold induces miner capitulation The headwinds from persistent strength in the U.S. dollar and 10-year bond yields moving closer to 5% have proved too much for the gold market as prices have fallen to their lowest level since March. Gold lost key support at $1900 in September, when the month and quarter […]
Gold price down after much stronger U.S. jobs growth in Sept. Gold prices are modestly lower in the immediate aftermath of a U.S. employment report for September that showed much-stronger-than-expected non-farm payrolls jobs gains that suggest the Federal Reserve will maintain its hawkish stance on U.S. monetary policy. December gold hit a 10-month low and […]
Gold, silver see mild pressure ahead of U.S. jobs data Friday Gold and silver prices are modestly weaker in midday U.S. trading Thursday. The precious metals traders are tentative ahead of Friday's important U.S. employment report. December gold was last down $3.50 at $1,831.10 and December silver was down $0.201 at $20.945. Traders are looking […]
Gold, silver down even as USDX, bond yields see corrective pullbacks Gold and silver prices are modestly lower in midday U.S. trading Wednesday and not far above this week's multi-month lows. Technical selling is featured amid fully bearish near-term charts. Downside corrections in the U.S. dollar index and in U.S. Treasury yields today did not […]
Relentless rise in USDX, bond yields keep stranglehold on metals bulls Gold and silver prices are lower again at midday Tuesday, with December gold futures hitting another 10-month low and December silver futures another 6.5-month low. A very strong U.S. dollar and rising U.S. Treasury yields that are at 16-year highs, with both showing no […]
