Now That Gold Is Rallying, Here Is The Next Key Level To Watch – Analysts
With this overdue gold rally finally setting in and gold prices at six-week highs, analysts are anxiously eyeing the next key resistance level in hopes of seeing a sustainable move up.
Read moreExtreme Fear Is Here; Is This The Start Of A New Era?
The CNN Fear & Greed Index is currently at 7 — the “Extreme Fear” category, which is a notch lower than Wednesday’s close at 8, when the Dow Jones Industrial Average plummeted more than 800 points.
Read moreThe Biggest Gold Bulls From Denver On Why Rally Is Inevitable
With Dow Jones Industrial Average plunging more than 800 points on Wednesday and gold climbing more than 2% on Thursday, are investors finally giving up on risk assets and shifting their weight to gold?
Read moreGold Extends Gains, Powers To 3-Month High On Safe-Haven, Technical Buying
Gold prices are trading sharply higher and have hit six-week highs in late-morning action Thursday.
Read moreCommerzbank: ETF Gold Holdings Rise By 8 Tonnes
Gold-backed global exchange-traded funds posted a large inflow Wednesday, says Commerzbank.
Read moreSilver Stuck In Neutral, Waiting For A New Catalyst – Ira Epstein
Although silver’s freefall appears to have ended and prices are holding above their August lows, the precious metal is still struggling to find a new direction, according to one market analyst.
Read moreBitcoin Daily Chart Alert – Bearish Downside Breakout Thursday – Oct. 11
Bitcoin-U.S. dollar prices are sharply lower and hit a multi-week low in early U.S. trading Thursday.
Read moreDetour Gold Founder Named CEO Of Prophecy Development
Prophecy Development Corp. (TSX: PCY, Frankfurt: 1P2N) announces that Gerald Panneton is the company’s new chief executive officer and president. Panneton, a geologist who was the founder, president and CEO of Detour Gold Corp.
Read moreGold Builds On Gains After U.S. Jobless Claims Rise 7,000
Read moreGold Rises Firmly Above $1,200 As U.S. Inflation Undershoots In September
Gold prices rose to daily highs and were firmly above the key $1,200 level following September’s inflation data, which fell short of market expectations.
Read more