Gold Prices Jump After U.S. Created 20K Jobs In February
(Kitco News) – Gold prices are pushing higher as the U.S. economy created fewer jobs than expected in February.
Read moreBitcoin Daily Chart Alert – Bulls Having A Good Week – Mar. 8
Bitcoin-U.S. dollar prices are firmer and hit a two-week high in early trading Friday. This week’s modest gains in Bitcoin have given the bulls some fresh technical power, to suggest more upside price action next week.
Gold’s Dip Below $1,300 Is Temporary — Analyst
There is no reason to fear gold’s drop below its key psychological level of $1,300 an ounce, according to one gold bull, who sees the recent sell-off as “short-lived” while projecting stronger demand for gold in 2019.
Weak U.S. Domestic Growth Needed To Push Gold To $1,400 – Analyst
(Kitco News) – The U.S. dollar and U.S. interest rates remain the key headwinds to gold prices as the yellow metal tries to find momentum after dropping from last month’s 10-month high.
Gold Weaker On Strong USDX; Losses Limited By Lower U.S. Stocks
Gold prices are slightly lower in midday U.S. trading Thursday. Gold and silver prices dipped to nine-week lows overnight.
Read morePalladium To Hit $2,000 In 2019 – Bank of America
(Kitco News) – Renewed strength in the U.S. dollar, trading near a three-week high, is weighing on the entire precious metals market but that won’t be enough to stop the long-term uptrend in palladium, one bank says.
Global ETF Holdings Decline During February
Holdings of gold by global exchange-traded funds fell in February, ending a streak of four consecutive increases, the World Gold Council reported Thursday.
Read moreGold Pressured By Stronger Greenback, But Bulls Eyeing U.S. Stock Market Sell Off
Gold prices are trading modestly down in late-morning U.S. action Thursday.
Read moreGold Weighed Down As ECB Loosens Monetary Policy To Combat Uncertainty
(Kitco News) – Gold prices remain under pressure following dovish comments from European Central Bank President Mario Draghi after the central bank loosened its monetary policy Thursday to protect the region’s economy from pervasive uncertainty.
Credit Suisse: PDAC Participants Expect Gold To ‘Perform Well’ In 2019
The general mood of participants toward gold was upbeat during the recently concluded gathering of the Prospectors & Developers Association of Canada, says Credit Suisse.