It’s A Gold Rush
Equities took a beating on Thursday, gold rallied from the support level of $1,275 and bonds rallied big.
Read moreEven if Bitcoin Is The Rising Star, Gold Is Still King
Even if bitcoin – known to some as digital gold – is stealing the metal’s spotlight, one analyst points out that the cryptocurrency has a longs way to go before it catches up to bullion, at least in market cap.
Gold Production At Lowest Level Since Financial Crisis, Future Outlook Bleak – ANZ
Gold mining output dropped “dramatically” this year, which has greatly benefited the yellow metal’s prices.
Gold Gains On Dovish Central Bankers, U.S. Stock Market Drop
Gold prices ended the U.S. day session with moderate gains Thursday, boosted by the recent releases of minutes from two major central banks
Read moreVolatility Will Drive Metals Higher, Especially Silver – TD Securities
Market volatility is on the rise, placing precious metals in a favorable position, and one analyst is placing his bets on silver, which has significantly underperformed gold.
Read moreIs Gold A Long-Term Buy As U.S. Recession Fears Grow?
(Kitco News) – While gold could continue to suffer in the near-term, any significant drop in prices could be seen as a buying opportunity as calls for the U.S. to slip into a Recession increases.
Read moreIt Is Now Silver’s Time To Shine Says Analyst
With speculative positioning at extreme levels and continued uncertainty in the cards for the second half of the year, one analyst remains bullish on silver for the rest of the year.
Read moreGold Slips From Daily Highs On Profit Taking
Gold prices have backed down from their session highs in late-morning trading Thursday.
Read moreGold Investors Beware! The Fed Isn’t Dovish Says Analyst
Read between the lines gold enthusiasts, the U.S. Fed has not backed away from tightening, said one popular newsletter writer on Thursday.
Read moreGold To Remain Supported As Dollar Struggles With Fading Rate Hike Outlook: FXTM
The dovish Federal Reserve meeting minutes from July as well as the uncertainty around President Donald Trump should keep gold supported
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