Utilising MarketHive to Promote CryptoCurrency
Gold, silver rally on safe-haven buying, bullish outside markets JGold and silver prices are solidly higher and near daily highs in midday U.S. trading Wednesday, on safe-haven demand amid a nervous marketplace as the calendar is set to turn to what can be a tumultuous month of October for stock and financial markets. The U.S. […]
Gold's weakness remains as the dollar dominates with more upside potential Although gold is trading fractionally higher today, by no means can we say that a rally has begun or that this is the beginning of a potential pivot and key reversal from bearish to bullish. The fate of gold pricing remains intrinsically tied to […]
More price pressure on gold, silver as USDX, bond yields spike up Gold and silver prices are lower in midday U.S. trading Monday. Gold prices hit a nearly 2.5-year low and silver a more-than-two-week low today. Rising government bond yields and a very strong U.S. dollar index are the main bearish factors pushing the precious […]
Price pressure on gold, silver as government bond yields, USDX soar Gold and silver prices are solidly lower in early U.S. trading Friday. Gold prices scored another nearly 2.5-year low. Soaring government bond yields and a very strong U.S. dollar index are bearish elements that are punishing the precious metals markets at present. October gold […]
Gold/Silver – What the heck is going on? I probably received that question 100 times on Friday from traders and investors speculating in a wide range of asset classes. Everything from agriculture, crypto, energies, foreign currencies, indices, precious metals, and softs sold off. Two primary drivers causing the sell-off are the Federal Reserve's stance on […]
Pound Plunges By The Most Since March 2020 Versus US Dollar The pound plunged by the most since March 2020 and hit the lowest in 37 years against the dollar, as the UK government unveiled a fiscal stimulus package that threatens to fuel inflation and stoke the nation’s ballooning debt. Sterling fell by as much […]
Where are the stops? Thursday, September 22, gold and silver Below are today's likely price locations of buy and sell stop orders for the active Comex gold and silver futures markets. The asterisks (**) denote the most critical stop order placement level of the day (or likely where the heaviest concentration of stop orders are […]
Gold sees post-FOMC relief rally, safe-haven demand on Russia worries Gold prices are solidly higher in afternoon U.S. trading Wednesday, after hitting a nearly 2.5-year low earlier in the afternoon. The yellow metal is seeing a “relief rally” after the FOMC meeting statement with no major surprises, an as-expected interest rate increase and Fed Chair […]
Gold, silver feeling the pressure from hawkish central banks Gold and silver prices are modestly lower in midday U.S. trading Tuesday. Hawkish monetary policies from the U.S. Federal Reserve and other major central banks of the world have cast a pall over the stock and financial markets at present, but have boosted U.S. Treasury yields […]
Gold remains above $1680 a key technical level as traders await the FOMC meeting Gold remains relatively muted as market participants await the start of the Federal Open Market Committee meeting tomorrow. As of 5 PM EDT gold futures basis, the most active December contract is currently trading at $1685 with a net gain of […]
