Gold price below $2K: Profit-taking triggers sell stops – RBC Wealth Management
(Kitco News) – Gold prices are below $2,000 an ounce as profit-taking is triggering sell stops, according to RBC Wealth Management managing director George Gero. “U.S. stimulus legislation stalled, global stocks better, pandemic headlines with Russia now featuring a vaccine.
Gold price sharply down as Russia approves Covid vaccine
(Kitco News) – Gold and silver prices are sharply lower in early U.S. trading Tuesday, with the yellow metal falling back below $2,000. Traders and investors have put risk back on the table today
Read moreBitcoin daily chart alert – Bulls maintaining technical advantage – Aug. 11
(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker Tuesday. However, bulls still have the firm overall near-term technical advantage as a price uptrend remains in place on the daily chart and prices are not far below the recent multi-month high.
Read moreNevermind record high gold prices, watch where it settles – Barrick Gold
(Kitco News) – Bristow said there are some changes that can be made at the margins that will allow Barrick Gold to take advantage. But he said there will be no core changes until gold finds its new base.
Read moreChinese national arrested with $28K in gold bars after illegally crossing Canada-U.S. border
(Kitco News) – U.S. border patrol agents arrested a Chinese national with more than USD $28,500 in gold bars after she illegally crossed the Canada-U.S. border, authorities said last week.
Read moreInvestors continue to pile into gold ETFs, boosting price in July — WGC
(Kitco News) – Gold ETFs are a key part of total gold demand this year with investors continuing to pile in as prices are not done rallying yet, the World Gold Council (WGC) said in a report.
Read moreGold, silver bulls keep tight grip on their markets
(Kitco News) – Gold prices are solidly higher in midday U.S. trading Monday, while silver prices are sharply up. Both metals hit new for-the-move highs last Friday.
Read moreGold, bitcoin, tech stocks; who will the ‘huge’ winners be? – Alex Mashinsky
(Kitco News) – As the second wave of the coronavirus sweeps through the world, investors have looked for assets to diversify away from equities, and this behavior has pushed both gold and bitcoin up together over the last four weeks, said Alex Mashinsk…
Read moreGold price, silver price see nine weeks of consecutive gains: Commerzbank
(Kitco News) – Gold and silver still saw their ninth consecutive weekly gain despite a price correction on Friday, says Commerzbank analyst Carsten Fritsch.
Read moreSilver is ‘our precious metal favorite’ as gold’s positioning is bloated: TD Securities
(Kitco News) – Silver continues to outperform and remains the top pick for TD Securities due to its positioning levels.
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