Venezuela To Use Gold In Attempt To Shield Savings From Hyperinflation
As Venezuela’s economic crisis continues to rock the country, President Nicolas Maduro said he will be introducing certificates backed by gold ingots as a scheme to protect people’s savings from soaring inflation.
It’s Still A Long Way To Go Before Gold Sees Its Rally — Capital Economics
There won’t be enough consumer demand to drive gold prices higher this year, according to Capital Economics, which projects gold to end the year at the $1,200 an ounce level.
Gold Prices Back Down From 2-Week Highs
(Kitco News) – Gold prices are slightly lower in early-afternoon U.S. trading Tuesday, after hitting a two-week high overnight.
Read moreGold Loses Early Gains On Upbeat Trader/Investor Attitudes
(Kitco News) – Gold prices are trading near steady levels in late-morning U.S. dealings Tuesday, and have lost their modest overnight gains.
Read moreGold Loses Early Gains On Upbeat Trader/Investor Attitudes
(Kitco News) – Gold prices are trading near steady levels in late-morning U.S. dealings Tuesday, and have lost their modest overnight gains.
Read moreGold Prices Unable To Hold Modest Gains After Surge In U.S. Consumer Confidence
(Kitco News) – The gold market is holding on to modest gains, trading near a two-week high as U.S. consumer confidence surges higher.
Read moreBitcoin Daily Chart Alert—Prices Hit 3-Week High Tuesday
(Kitco News) – Bitcoin-U.S. dollar prices are higher and hit a three-week high in early U.S. trading Tuesday.
Read moreCommerzbank: China’s Gold Demand ‘Subdued’ During July
Gold has edged modestly higher again early Tuesday in response to currency-market movements, and the yellow metal may have more upside in store, assuming the U.S. dollar continues to cooperate, says Lukman Otunuga, research analyst at FXTM.
Read moreCommerzbank: China’s Gold Demand ‘Subdued’ During July
Gold has edged modestly higher again early Tuesday in response to currency-market movements, and the yellow metal may have more upside in store, assuming the U.S. dollar continues to cooperate, says Lukman Otunuga, research analyst at FXTM.
Read moreGold Hits 2-Week High Amid Weaker U.S. Dollar
(Kitco News) – Gold prices are firmer and scored a two-week high in early U.S. trading Tuesday.
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