Up and down: gold caught in crosscurrents
(Kitco News) – Gold has been caught in strong crosscurrents on a volatile Monday so far due to so-called risk markets. The metal initially hit its strongest level in more than seven years as stocks sold off, but then got hit with profit-taking, particu…
Read moreOil market crisis is just starting, price can go lower – analysts
(Kitco News) – Some analysts are warning that even after the worst price decline in 30 years, the crisis in oil prices can get a lot worse.
Read moreMoney managers likely rebuilding bullish gold positioning after declines
(Kitco News) – Money managers’ net-bullish positioning in gold futures declined during the most recent reporting week for data compiled by the Commodity Futures Trading Commission (CFTC), with some observers citing selling to raise money to meet margin…
Read moreEquities open down 7%; S&P 500 circuit breaker triggered
(Kitco News) – A crisis is brewing in equity markets Monday as indexes are seeing a sharp decline at the open.
Read moreAnalysts: ETF gold holdings rise most since mid-2019
(Kitco News) – Holdings of gold by exchange-traded products rose Friday by the highest level since the middle of last year, analysts reported. Most gold ETFs trade like a stock but track the price of the commodity, with metal put into storage to back t…
Read moreBitcoin daily chart alert – Prices careen to 2-month low Monday – Mar. 9
(Kitco News) – Bitcoin-U.S. dollar prices are sharply lower and hit a two-month low in early U.S. trading Monday.
Read moreGold prices up as global markets rocked by crash in crude oil
(Kitco News) – Gold prices are moderately higher in volatile early U.S. futures trading Monday, after hitting a seven-year high above $1,700.00 overnight.
Read moreGold price pushes above $1,700 as equities, oil market collapse
(Kitco News) – Safe-haven demand continues to grow as gold prices push above $1,700 as investors flee equity and oil markets at the start of the trading week.
Read moreGold price pushes above $1,700 as equities, oil market collapse
(Kitco News) – Safe-haven demand continues to grow as gold prices push above $1,700 as investors flee equity and oil markets at the start of the trading week.
Read moreGold price is on a path to $1,700 but volatility will be high – analysts
(Kitco News) – The Federal Reserve surprised markets earlier in the week with an emergency 50-basis-point interest rate cut. This, in turn, has helped the gold market see its best weekly performance in 11 years.
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