Utilising MarketHive to Promote CryptoCurrency
Gold starts the session flat heading into the European open Gold is trading 0.08% higher leading into the European open at $1784/oz. On the contrary, silver has fallen 0.44% and starts the session at $22.44/oz. In the rest of the commodities complex, copper is trading just under flat, while spot WTI is up around 2%. […]
Gold at $10k, silver at $500 due to 'a decade of shortage', inflationary black swan event Gold's safe-haven appeal is yet to kick in. The precious metal once again failed to hold the $1,800 an ounce level. And that's despite high volatility in the U.S. equity space triggered by omicron fears. Here's a look at […]
Gold price wants clarity after Powell's hawkish stance – analysts As markets come to grips with a more hawkish Federal Reserve and omicron fears, can gold find its safe-haven appeal next week? The focus in December will be the Federal Reserve's monetary policy meeting, according to analysts. After a turbulent week in gold and the […]
Powell is just stalling for time, gold and silver look attractive as inflation spiral starts – Degussa Physical gold and silver will continue to be attractive assets as investors look to protect their wealth and purchasing power as one precious metals firm sees signs of an inflation spiral. In his latest market report, Thorsten Polleit, […]
Gold price at $10k, silver at $500 due to 'a decade of shortage', says Goehring & Rozencwajg his will be a "decade of shortage" defined by high inflation and a failed attempt to raise rates – the perfect combo to trigger a massive rally in gold, said Goehring & Rozencwajg Associates managing partner Leigh Goehring. […]
Gold price recovers, ASX tumbles Australian markets opened lower after Friday's sell off due to new pandemic concerns. The Australian Stock Exchange is down as of 10:30 a.m. Sydney time with the S&P/ASX200 off 57.60 points or 0.79% to 7,221.70. The exchange set a new 20-day low, according to an update on the ASX homepage. […]
Gold is still the safe-haven to own A few weeks ago, we noted that when gold shines the brightest when the chips are down, and once again, the precious metal proved its mettle as a safe-haven asset. It is interesting to compare gold’s reaction to the latest COVID-19 news as the price bounced off a […]
Gold price surges as new Covid strain surfaces Gold prices are solidly higher in early U.S. trading Friday, on safe-haven demand and short covering by the futures traders, amid a potentially ominous development on the pandemic front. December gold was last up $20.50 at $1,804.30 and December Comex silver was last down $0.02 at $23.47 […]
Gold price remains well supported above $1,800 an ounce in 2022 – Scotiabank Gold prices continue to languish below $1,800 an ounce as investors interpret the re-nomination of Jerome Powell to remain the head of the Federal Reserve as a hawkish development for monetary policy. However, commodity analysts at Scotiabank said in a report Wednesday […]
Gold near steady, shows little initial reaction to FOMC minutes Gold and silver prices are trading not far from unchanged in afternoon U.S. trading Wednesday, after huge day for U.S. economic data that produced not much markets reaction. December gold was last up $0.50 at $1,784.30 and December Comex silver was last up $0.04 at […]
