Pink Diamond Auctioned Off For A Record $50 Million
Christie’s has auctioned off the ‘Pink Legacy’ 19-carat diamond for a world record price of $50 million, the auction house said.
Read moreBitcoin Plummets To Lowest Level In Over A Year, Trades Below $6,000
Bitcoin prices tumbled below the key support level of $6,000, hitting the lowest level in more than a year following an almost volatility-free three months.
Read moreWheaton Precious Metals Reports Smaller 3Q Adjusted Profit
Streaming company Wheaton Precious Metals Corp. (TSX, NYSE: WPM) late Wednesday reported a smaller third-quarter adjusted profit as revenue fell on lower sales volume and lower gold and silver prices.
Read morePaulson & Co Maintains Gold Position In Q3
(Kitco News) – The hedge fund Paulson & Co., overseen by well-known hedge fund manager John Paulson, stayed the course on its position in the world’s largest gold exchange-traded fund during the third quarter even though gold prices saw a sharp decline.
Where Is Gold Headed Next Week? VOTE NOW!
Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short term
Read moreGold Prices Pop Higher On Short Covering, Bargain Hunting
Gold prices are moderately up and trading at their daily highs in early-afternoon U.S. trading Wednesday.
Read moreRay Dalio Continues To Be A Strong Believer In Gold
(Kitco News) – The gold market continued to have some powerful allies even as the yellow metal struggled to find momentum in the third quarter.
Read moreWeak Global iPhone Sales Could Boost Gold’s Safe-Haven Appeal – FXTM
(Kitco News) – Negative sentiment continues to build around tech giant Apple (Nasdaq: AAPL), and some analysts have warned that slower iPhone sales could have broader implications on global growth that could benefit safe-haven assets like gold.
Read moreGold Near Steady Following Tame CPI Data; Silver Drops To Nearly 3-Year Low
Gold prices are near unchanged and hovering just above $1,200.00 in early U.S. trading Wednesday.
Read moreGold Prices Unchanged Following In-Line CPI Data
(Kitco News) – Gold prices remain on the back foot, unchanged on the day and trying to hold above critical psychological support at $1,200 an ounce following in-line consumer inflation data last month.
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