Bitcoin Daily Chart Alert – Prices Push Above $10,000 – Feb 16
Bitcoin-U.S. dollar prices are lower in early U.S. trading Friday, but did push above the $10,000 level Thursday and overnight.
Read morePRECIOUS-Gold hits 3-week high as dollar slides to lowest since 2014
LONDON, Feb 16 (Reuters) – Gold rose to a three-week high on
Friday as the dollar index slid to a three-year low and
stronger-than-expected inflation data this week boosted interest
in the metal as a hedge against price pressures.
Gold Sees Mild Corrective Pullback After Big Gains Wed.
Gold prices were ending the U.S. day session modestly lower Thursday, on a minor downside correction from the strong gains seen Wednesday.
Read moreRay Dalio’s Bridgewater Increased Gold Holding In Q4
(Kitco News) – Ray Dalio has waded deeper into the gold market as his hedge fund, Bridgewater Associates, increased its position in two of the world’s largest gold-backed exchange traded funds in the fourth quarter, according to filing with the Securities and Exchange Commission.
Time To Raise Your Gold Bets As Dollar Looks Weak In 2018 – Capital Economics
Don’t expect a strong U.S. dollar this year, said Capital Economics, adding that a reversal in greenback’s expectations will work in favor of higher gold prices.
Hecla Mining Posts Loss For Fourth Quarter
Hecla Mining Co. (NYSE: HL) posted a net loss in the fourth quarter, hurt by a strike at the Lucky Friday mine in Idaho, a number of special items and an income-tax provision due to new U.S. tax legislation, the company said Thursday.
Read moreGold Pulls Back A Bit After Big Gains Wed
Gold prices are modestly lower in early U.S. trading, on a minor corrective pullback from the strong gains scored Wednesday.
Read moreGold Prices See Muted Reaction To Rising Core PPI Numbers
(Kitco News) – Hotter than expected pipeline inflation pressures is not having much impact on gold, one day after the metal’s biggest gains in nearly two years.
Gold Unfazed As U.S. Weekly Jobless Claims Rise 7,000 To 230,000
Initial weekly U.S. jobless claims climbed by 7,000 to a seasonally adjusted 230,000 in the week to Saturday, the Labor Department said Thursday. This was in line with forecasts.
Read moreBitcoin Daily Chart Alert – Bulls Gaining Some Momentum – Feb 15
Bitcoin-U.S. dollar prices are higher again and hit a 2.5-week high in early U.S. trading Thursday.
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