Ernest Hoffman

Website:

https://www.kitco.com/

Posts by Ernest Hoffman:

• Spot gold trades at $5,171/oz after U.S. weekly jobless claims rise to 212k
• Spot gold trades at $5,171/oz after U.S. weekly jobless claims rise to 212k
• Trump’s latest global tariffs ‘opened a new Pandora’s box with no good exits’ – Mind Money’s Khandoshko
• Gold bulls need to break $5,200 and $5,300 soon or momentum exhaustion could see gold fall as far as $4,380/oz – Forex.com’s Hilal
• Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan
• Gold price will rise 22% above current level to reach $6,300 by year-end 2026 – J.P. Morgan
• China to ‘expand the country’s market share and influence on prices in the international gold market’ – Hong Kong official
• Türkiye to establish new mining exchange in 2026 to boost financing and price transparency as $5,000/oz gold becomes ‘new normal’
• Russia made up to $1.68 billion selling 300,000 ounces of gold in January as prices hit record highs
• Fed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS