Gold Prices Hit 6-Week High Above $1,300.00 As U.S. Dollar Erodes
Gold and silver prices are higher in early U.S. trading Monday, supported by a continued slump in the U.S. dollar index that fell to a two-month low overnight.
Read moreBBH: U.S. Markets Eye Tax Reform, Powell Hearings, Fed, Data
Key events in the U.S. that investors will be monitoring this week include tax reform; confirmation hearings for Jerome Powell
Read moreBitcoin Nears $10,000 During Black Friday Weekend’s Shopping Frenzy
The popular currency, bitcoin, has hit a new high during the Black Friday weekend, surging past the $9,500 level for the very first time.
Read moreIs Australia’s Pilbara Gold Rush Worth The Hype?
‘Real caution’ is advised when it comes to Australia’s latest gold rush, according to Melbourne-based gold mining consultants, which say that only time will tell if any of the new ventures will pan out.
Kitco News Weekly Outlook: Watch Equity Markets To See If Gold Can Break $1.300 – Analysts
(Kitco News) – For the second week in a row, gold prices have pushed to within striking distance of the key $1,300-an-ounce level. However, while momentum is building, analysts say a major catalyst is still needed to push prices outside their current r…
Read moreKitco News Gold Survey: Is $1,300 In The Cards? Gold Prices Seen Higher
Wall Street and Main Street voters in the weekly Kitco News gold survey look for the precious metal to work its way higher next week, with some even looking for the market to retest $1,300 an ounce.
Read moreGold, Silver Prices Weaker In Quieter Dealings
Gold and silver prices are modestly lower in early U.S. trading Friday.
Read moreWalsh’s Lusk: Gold Could Face Profit-Taking Prior To End Of Month
Profit-taking could emerge in gold futures during the latter part of next week, says Sean Lusk, director of commercial hedging with Walsh Trading.
Read moreGeopolitics ‘Often Trump’ Monetary Policy When It Comes To Gold – Capital Economics
More often than not, the effects of tighter monetary policy on gold are overrated, with drivers like geopolitics able to erase any impact of a rate hike, Capital Economics said in a report.
Read moreGold Fund Manager: Bitcoin ‘Designed To Be Digital Gold’
More institutions, including gold funds, are now beginning to embrace the bitcoin revolution as the cryptocurrency stabilized after breaching the $8,000 level for the very first time last week.
Read more