Gold Drops To 5-Week Low On Chart-Based Selling; Prices Drop Below 200-Day MA
Gold prices are moderately lower, trading near their session lows and have hit six-week lows in mid-morning dealings Tuesday.
Read moreThese Factors Helping Gold Hold Up Near Bottom Of Range
Gold prices are near the bottom end of their two-month-old trading range, but analysts say the precious metal does have a number of factors preventing a further breakdown through chart support, at least for now.
Read moreBitcoin Daily Chart Alert – Price Near Record High Tuesday – Dec.5
Bitcoin-U.S. dollar on Tuesday morning is close to this week’s record high.
Gold Prices Weaker; Not Much Risk Aversion in Marketplace
Gold and silver prices are modestly lower in early U.S. trading Tuesday.
Read moreGold’s Time To Shine Will Be At The End Of 2018 – JP Morgan
Gold prices will only see a relief from a more aggressive Federal Reserve in the end of 2018, says JP Morgan in its 2018 outlook, advising traders to short gold for now.
Read moreGold Is Escaping The ‘December Curse’ But Silver Isn’t – Analyst
Gold is unlikely to end the year at yearly lows, but it won’t be able to escape the December curse entirely, according to one commodity analyst.
Gold, Silver Prices Sink On Keen Risk Appetite, Firmer U.S. Dollar
Gold and silver prices were ending the U.S. day session weaker Monday.
Read moreJim Cramer: Gold Is Losing Its Luster To Bitcoin
(Kitco News) – Bitcoin’s unprecedented 1,000% this year has taken the shine off gold, but the yellow metal still has a role to play in a portfolio, said CNBC’s Jim Cramer.
Gold Is A Global Currency, And Here’s The Proof
(Kitco News) – Any doubt that gold is a global currency can now be put to rest as one investment firm has been recognized for its unique strategy that sees gold trade against seven major currencies.
Read moreDovish Fed Prompts Hedge Funds To Buy Gold – Analysts
(Kitco News) – Trade data from the Commodity Futures Trading Commission show hedge funds bought gold last week at the fastest pace in four months as members of the Federal Reserve continued to raise concerns over weak inflation pressures in the U.S, a…
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