Why This Crypto Critic Is Not Buying Into That $100k Bitcoin Call
Cryptocurrencies have been the talk of the markets, with Bitcoin leading the pack of digital currencies to all-time highs. However, one analyst closely monitoring the market says he’ll wait on the sidelines for now.
RBC’s Gero: ADP Data Hurt Gold But Geopolitical Issues Provide Support
There were diverging trends last month in activity for exchange-traded funds backed by various kinds of precious metals,
Read moreU.S. Weekly Jobless Claims Rise 13,000 To 248,000
(Kitco News) – Initial weekly U.S. jobless claims rose by 13,000 to a seasonally adjusted 248,000 in the week to Saturday, the Labor Department said Thursday. The total was above forecasts.
Great Panther Silver Commissions Topia Processing Plant
Goldcorp Completes Sale Of Cerro Blanco
Read moreGold Sees Renewed Selling Pressure Following 253K Rise In Private Sector Jobs
(Kitco News) – The gold market remains under some technical selling pressure with momentum picking up slightly after a report showed that the private sector adds more jobs last month than economists were expecting.
Read moreSilver To Trade Above $20 In Q4 – Metals Focus
(Kitco News) – Silver prices will surge in the second half of 2017, jumping above $20, led by the Federal Reserve’s slow tightening of monetary policy, weaker U.S. dollar, and economic and political risks, according to The Silver Focus 2017 report.
Gold Looks Good As Equities, Bonds Are OverValued – Fund Manager
(Kitco News) – With equity markets struggling to find new momentum at record highs, one UK investment firm is recommending investors become a little more defensive, even increasing their exposure to gold.
Read moreGold Rallies On Bullish Charts, Weaker U.S. Dollar
(Kitco News) – Gold prices ended the U.S. day session with decent gains, hitting a four-week high and closed at a bullish monthly high close Wednesday, the last trading day of May.
Read moreSaxo Bank Has A Strategy For Gold Ahead Of ‘Dovish Rate Hike’
(Kitco News) – The gold market is headed for its first monthly decline since December, but one firm see potential for the yellow metal despite a looming U.S. interest-rate hike.
Read more