The Days Of Bitcoin ‘Stealing Gold’s Thunder’ Could Be Over
Gold might breach the key psychological level of $1,300 by year-end after all, as a corrective move in the surging cryptocurrency market could bring some attention back to the yellow metal, according to the chief economist at ABC Bullion.
Read moreReady, Steady, Gold: Tight Range Has Gold In ‘Sleep Mode’
A tight price range has dominated gold this past month and a lack of movement has analysts weighing in.
Read moreDo Europeans Love Gold More Than North Americans? – WGC Data
Global holdings in gold-backed exchange-traded funds were up in October, but only thanks to European investors and not their counterparts in North America, according to the latest data released by the World Gold Council.
Read moreGold Rebounds From Friday’s Downside Debacle
Gold prices ended the U.S. day session modestly higher Monday, on a bounce after a rapid decline in late-morning action last Friday.
Read moreGold Remains Relevant As Markets Deal With Fed’s ‘Moral Hazard’ – Degussa
(Kitco News) – Investors need to be prepared for when the unprecedented global monetary experiment comes to an end as central banks, in particular the Federal Reserve, move forward normalizing interest rates, according to one international bullion comp…
Read moreGold To Benefit as ‘Peak Dollar’ Looms – Bloomberg Intelligence
Gold’s chief rival, the U.S. dollar, is ‘ripe’ to resume its downtrend, says one analyst, who expects commodities to rally in 2018, particularly the yellow metal.
Investors Are Not Choosing Bitcoin Over Gold – State Street Global Advisors
(Kitco News) – Bitcoin’s wild volatility, as prices swing within a $2,000 range, is one of the reasons why the digital currency should not be compared to gold, according to one market analyst.
This Is Key To Mining’s Survival – Goldcorp
(Kitco News) – Major gold producers need to take a leadership role and embrace innovation to ‘shift the tides’ in a sector that has been reluctant to embrace new technology, according to one mining executive.
FXTM: Gold ‘Remains A Battleground For Bulls And Bears’
For now, the gold market is a “battleground” between the bulls and bears, says Lukman Otunuga, research analyst at FXTM. The analyst says that a firmer U.S. dollar
Pretium Lists Adjusted Profit As Brucejack Output Begins
Pretium Resources Inc. (TSX,NYSE: PVG) posted an adjusted profit in the third quarter as commercial production was declared at the company’s main asset