Private credit cracks and Middle East conflict drive gold past $5,200 as active investing returns
(Kitco News) – Global markets are attempting to stabilize following a historic $36 intraday swing in the price of oil. Stocks rallied Tuesday morning on hopes of a Middle East ceasefire, but the reality on the ground is a stark contrast to Wall Street’…
Read moreBlackRock sees further gains for both gold and silver
(Kitco News) – Precious metals have seen unheard-of gains in recent months, and even though they have entered a far more volatile phase of their cycle, the bull market is far from over, according to Kristy Akullian, Head of iShares Investment Strategy for the Americas at BlackRock.“After a record run – and a sharp decline – where do precious metals go from here? And how do they fit into investor portfolios?” she asked rhetorically.
Read moreBlackRock sees further gains for both gold and silver
(Kitco News) – Precious metals have seen unheard-of gains in recent months, and even though they have entered a far more volatile phase of their cycle, the bull market is far from over, according to Kristy Akullian, Head of iShares Investment Strategy for the Americas at BlackRock.“After a record run – and a sharp decline – where do precious metals go from here? And how do they fit into investor portfolios?” she asked rhetorically.
Read moreGold, silver sharply up on safe-haven bids, weaker USDX
(Kitco News) – Gold and silver prices are sharply higher near midday Tuesday, on safe-haven demand amid marketplace uncertainties regarding the war in Iran and how long it will last.
Read moreCopper dealmaking leads PDAC week as mining stocks cool after a sharp run
(Kitco News) Mining equities weakened during the Prospectors & Developers Association of Canada convention in Toronto, even as bullion proved more resilient, reviving what some investors informally call the “PDAC curse.” The divergence followed a sharp run that left parts of the sector technically extended heading into the annual gathering.
Read moreGold’s geopolitical premium is largely priced in, but watch Fed independence – StoneX’s O’Connell
(Kitco News) – The multi-year gold rally is being driven more by structural uncertainty than inflation, but much of the geopolitical premium from the Iran war may already be priced in, and the biggest uncertainty for gold is now Fed independence, according to StoneX.Speaking on a recent StoneX panel, Rhona O’Connell was asked about the likely direction of gold prices in the current geopolitical environment.
Read moreGold’s geopolitical premium is largely priced in, but watch Fed independence – StoneX’s O’Connell
(Kitco News) – The multi-year gold rally is being driven more by structural uncertainty than inflation, but much of the geopolitical premium from the Iran war may already be priced in, and the biggest uncertainty for gold is now Fed independence, according to StoneX.Speaking on a recent StoneX panel, Rhona O’Connell was asked about the likely direction of gold prices in the current geopolitical environment.
Read moreGold price testing resistance at $5,200 as U.S. existing home sales rise 1.7% in February
(Kitco News) – The gold market is resting at resistance at $5,200 an ounce and paying little attention to the U.S. housing market, as it shows preliminary signs of stabilizing, with consumers buying more existing homes than expected last month.
Read moreGold price testing resistance at $5,200 as U.S. existing home sales rise 1.7% in February
(Kitco News) – The gold market is resting at resistance at $5,200 an ounce and paying little attention to the U.S. housing market, as it shows preliminary signs of stabilizing, with consumers buying more existing homes than expected last month.
Read moreRock beats paper: Gold’s bull run is far from over – Byron King
(Kitco News) – Gold prices continue to hold the line around $5,100 an ounce in what is proving to be a volatile consolidation pattern; however, according to one investor, there is still plenty of upside potential as the global economy faces extreme unc…
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