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Gold Pushes To 3-Mo. High As World Stock Markets Sell Off

Gold prices are higher in Tuesday afternoon trading, and earlier today hit a nearly three-month high.

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This Could Push Gold To $1,500 – Analyst

Gold prices could be in store for the “mother of all short-covering” rallies, said one analyst, citing CFTC short positioning and the yellow metal’s strength in the face of higher U.S. dollar.

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Winds Are Shifting, Gold To Hit $1,400 In 2019 – BAML

(Kitco News) – The gold market has suffered under the weight of rising U.S. interest rates and a stronger U.S. dollar, but one bank sees a shift coming as equity markets have seen increased selling pressure this this past month.

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Gold Shines As Safe-Haven As U.S. Equities Drop Another 2%

(Kitco News) – Safe-haven demand is once again boosting gold prices as U.S. equity markets drop 2% across the board.

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Gold Backs Off Daily Highs As U.S. Stocks Off Daily Lows

Gold prices are still holding decent gains of around $10.00 an ounce after hitting a nearly three-month high of $1,243.00, basis December Comex futures, in early U.S. trading Tuesday.

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RBC’s Gero: Gold Gets Safe-Haven Boost From Weaker Equities

“Gloomy” global equities have propelled gold to three-month highs as the precious metal acts like a safe haven again, says George Gero, managing director with RBC Wealth Management.

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B2Gold: Study Suggests Longer Mine Life At El Limon

B2Gold Corp. (TSX: BTO, NYSE American: BTG, NSX: B2G) says an expansion study points to a longer life for the El Limon Mine in Nicaragua, and the company also renewed a two-year collective bargaining agreement with labor unions.

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Hecla 3Q Silver Output Declines But Meets Expectations

Hecla Mining Co. (NYSE: HL) met its expectations for third-quarter output of 2.5 million silver ounces and 72,995 gold ounces, the company said Tuesday.

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Gold Prices Power To 3-Mo. High On Safe-Haven Demand

Gold prices are solidly higher and have hit a nearly three-month high in early U.S. trading Tuesday

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Bitcoin Daily Chart Alert – Quieter Market Tuesday Despite Global Equities Selling Off – Oct. 23

Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Tuesday.

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