Hedge funds buying gold as economic fears start to rise
(Kitco News) – After a steady three-month decline, the latest trade data from the Commodity Futures Trading Commission (CFTC) shows that hedge funds are starting to jump back into gold as the market takes a run at long-term resistance at $1,800 an ounc…
Read moreGold prices edge up as U.S. pending home sales see a record 44.3% jump in May
(Kitco News) – Gold prices saw a small uptick as U.S. pending home sales surprise on the upside, spiking a record 44.3% in May.
Read moreIf history repeats itself, gold prices headed to $4,000 in three years – Frank Holmes
(Kitco News) – If history repeats itself, gold prices headed to $4,000 in three years – Frank Holmes
Gold prices up as pandemic infections continue to surge
(Kitco News) – Gold prices are modestly higher in early U.S. trading Monday, on safe-haven demand amid heightened concerns about the Covid-19 pandemic and a second wave hitting global economies.
Read moreBitcoin daily chart alert – Bulls losing steam – Jun. 29
(Kitco News) – Bitcoin-U.S. dollar prices are near steady Monday as the bulls have faded and need to show fresh power soon.
Read moreThe reasons behind all the Chinese M&A
(Kitco News) – In a research piece from last week Haywood noted that there have been four acquisitions backed by Chinese entities this year, and three within the last three months. Deal highlights are Zijin coming out on top to acquire Guyana Goldfield…
Read moreRegulators clear Endeavour Mining-SEMAFO combination
(Kitco News) – “As all regulatory and other approvals have now been obtained, SEMAFO and Endeavour are proceeding to complete the Arrangement as expeditiously as possible,” said SEMAFO in a news release.
Read moreAfter ‘momentary correction’ gold price is ready to attack $1,800 and higher — analysts
(Kitco News) – Gold is looking at another volatile week with an attempt at breaching the $1,800 an ounce level, according to analysts.
Read moreWall St., Main St. look for gold prices to keep shining
(Kitco News) – Gold prices should maintain maintain their recent upward momentum as the COVID-19 pandemic keeps spreading and prompting worries about the economy, according to respondents in the weekly Kitco News gold survey.
Read moreTDS: COVID-19 fears interrupt but won’t stop upward momentum in gold prices
(Kitco News) – Rising COVID-19 worries have interrupted, but not canceled, gold’s break higher this week, said TD Securities.
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