Fund Managers Bullish In Gold, Silver As Of End Of 2018
Money managers were collectively bullish in both gold and silver futures as 2018 came to an end, new data from the Commodity Futures Trading Commission show.
Read moreAll Commodities Are Rising And That Is Not Normal, Says Wells Fargo
Almost all commodities rose in January and that is an abnormal phenomenon, said Wells Fargo.
Read moreETF Gold Holdings Hit Highest Level Since 2013 In January: WGC
Holdings of gold by global exchange-traded funds and similar products as of the end of January stood at their highest level since 2013, the World Gold Council reported Wednesday.
Read moreFed Stance To Keep Gold Above $1,300: Metals Focus
The Federal Reserve’s dovish turn last week should enable gold to hold above the $1,300-an-ounce level that the market reclaimed last month, says the consultancy Metals Focus.
Read moreBarclays: Commodity Assets Under Management Fall In 2018
Global assets under management (AUM) in commodities, including precious metals, fell in 2018 largely due to lower prices, says Barclays.
Read moreBMO: Reserves, Guidance To Be Key In Gold Miners’ Earnings
Much of the investor focus in the next round of earnings reports from the major precious-metals producers will be on 2019 output guidance and the replacement of reserves, says BMO Capital Markets.
Read moreGold, Silver Rallies See Normal Pause
Gold and silver prices are again modestly lower in early U.S. trading Wednesday.
Read moreBitcoin Daily Chart Alert – Bulls Gaining Some Confidence – Feb. 6
Read moreGold Technical Analysis: trapped in an expanding falling channel in the hourly chart
The relative strength index (RSI) has dived out of the ascending trendline. So, the metal could take out the lower edge of the minor sideways channel, currently at $1,312. That would open up downside toward $1,308-$1,305.
Read moreSilver To Get Its ‘Precious Status’ Back — Hightower Report
Silver is looking to regain its “precious status” this year as all major signs are pointing to a bullish outlook, according to the Hightower Report.
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