Utilising MarketHive to Promote CryptoCurrency
Gold bugs crow as the yellow metal breaks through $2,500 per ounce to set fresh all-time highs Gold prices hit new all-time highs in both spot and futures markets on Friday after weaker-than-expected U.S. housing data stoked worries that downside risks to growth are rapidly overshadowing the upside risks of inflation that have dominated the […]
Spot gold holds modest gains above $2,450 after U.S. data relieves recession fears – FXStreet’s Bednarik Thursday morning’s raft of largely positive U.S. data has helped to ease recession worries and boosted stock markets near fresh weekly highs, with gold holding steady in its recent channel and providing buy opportunities on the dips, according to […]
US dollar reserves drop 14% since 2002 as BRICS and gold challenge hegemony The decline of the U.S. dollar (USD) as the world’s reserve currency has been a popular topic of conversation for years – especially in the wake of the global financial crisis (GFC) of 2007-2008 – and while talks of its impending demise […]
ETF inflows skyrocket in July as North American funds join the party to drive global growth – World Gold Council  Global gold ETFs enjoyed their strongest month of inflows since April 2022 after North American funds finally joined their counterparts, according to data from the World Gold Council. In their latest Gold ETF Flows […]
Gold, silver rally amid bullish outside markets Gold and silver prices are higher, with gold solidly up, near midday Monday. The precious metals are being supported in part by bullish daily outside market elements that include higher crude oil prices and a slight down-tick in U.S. bond yields. The gold market also sees technical buying […]
Gold will maintain its upward momentum as Fed cuts, sovereign buying, ETF flows support prices – ING’s Manthey (Kitco News) – Gold prices will peak in the fourth quarter as investors focus on Fed cuts, while ETF inflows and central bank buying continue to provide support against a backdrop of geopolitical risk, according to […]
Wall Street sees consolidation in the cards for next week, Main Street maintains bullish bent Markets began this week with one of the most profound shocks in recent years after the unwind of the yen carry trade and fears of a U.S. recession combined to drive risk assets sharply lower, dragging gold prices down along […]
Gold Defies Headwinds of Dollar Strength, Higher Yields, and Jobless Claims Amidst a confluence of factors typically bearish for the precious metal, gold prices managed to post solid gains on Thursday. This resilience in the face of economic data and market dynamics that would normally weigh on the yellow metal suggests the recent price correction […]
U.S. dollar is 'the biggest asset bubble,' all roads lead to more money printing – Mark Moss The inevitable consequences of a recession in the U.S. are more money printing, liquidity injections and inflation, according to Mark Moss, Host of 'The Mark Moss Show' and Partner of the Bitcoin Opportunity Fund, who warns that the […]
Gold Market Experiences Fourth Consecutive Day of Decline The gold market has been experiencing a turbulent period in August, with prices declining for the fourth consecutive trading session. This downward trend began on August 1, when the December gold contract decline by the fractional amount of $2.50, after opening at $2,493.40. As of the […]
