Jeff Christian: Bitcoin Is Not The Safe Haven You Want, Stick With Gold
Bitcoin is not a safe haven, gold is.
Read moreGold Surges on Technical Buying, Weak U.S. Dollar
Gold prices were ending the U.S. day session Thursday with good gains and were poised to close at a bullish monthly high close and a 10-month high close.
Read moreThe U.S. Dollar’s Days Are Numbered, Gold To Shine – Analyst
Don’t worry about dips in gold, the metal will “break out higher” because its chief rival – the U.S. dollar – is crumbling, this according to one London-based analyst.
Gold Moves Higher As Traders “Buy The Dip”
Gold prices have pushed higher and are holding modest gains in late-morning trading Thursday.
Read moreGold At Daily Highs As U.S. Pending Home Sales Fall 0.8% In July
Gold prices ticked up and reversed earlier daily losses following the release of the U.S. Pending Home Sales, which showed the index dropping in July, according to the latest data from the National Association of Realtors (NAR).
Read moreGold Inches Higher As Chicago PMI Remains At 58.9 In August
Gold prices edged modestly higher after the headline index for the Chicago Business Barometer, widely known as the Chicago Purchasing Managers Index, remained at a 58.9 reading in August.
Read moreLBMA: Gold Ounces Transferred Daily Fall In July But Silver Volume Rises
The amount of gold transferred between accounts of London Bullion Market Association members fell in July, while silver volume increased, the organization reported Thursday.
Read moreGold Erases Loss After U.S. Weekly Jobless Claims Rise 1,000 To 236,000
Gold erased an earlier modest loss after a Labor Department report showing U.S. jobless claims rose by 1,000 to a seasonally adjusted 236,000 in the week to Saturday.
Read moreGold Pressured As Risk-On Trading Atmosphere Returns
Gold prices are modestly lower in early U.S. trading Thursday. The safe-haven metal is feeling some downside price pressure amid the uptick in investor/trader risk appetite.
Read moreMetals Focus: Central Banks To Buy 350 Tonnes Of Gold In 2017
Metals Focus looks for central banks to remain steady buyers of gold, projecting 2017 purchases of some 350 tonnes.
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