Kitco News: "Gold prices are modestly higher in early U.S. trading Wednesday, while the silver market is again sharply higher and hit a more-than-two-year high overnight. Worries about slowing global economic growth amid falling government bond yields are encouraging traders and ... Read More about Gold prices gain; silver skyrocketing
News & Blog
Gold price momentum could push to $1,700
Kitco News: "Technicals point to more bullish momentum for gold, after an escalation of the trade wars pushed the yellow metal 2% higher on Friday, said Todd Gordon, founder of TradingAnalysis.com. “Upside target [is] $1,576 [an ounce for gold] I think in this move, and then if this thing really ... Read More about Gold price momentum could push to $1,700
Gold Price Forecast – Long-Term Bullish
Gold Eagle: "With gold confirming a new bull market, it's time to step back and look at the big picture. Using technical analysis, I'll provide potential price objectives for the next decade. It seems each decade has an investment theme that favors one asset class over another. What performed well ... Read More about Gold Price Forecast – Long-Term Bullish
Gold at a Record High Close for This Year
Kitco News: "As of 4:40 PM EDT gold futures basis the most active December contract is currently up $7.20 and fixed at $1535 per troy ounce. This is a new record close for this calendar year. Although gold futures had traded to an intraday high of $1545 on Monday of this week, the effective close ... Read More about Gold at a Record High Close for This Year
Why Gold Prices Are About To Skyrocket Even Higher
Oilprice.com: "The gold bears have finally caved under the deafening barrage of fiscal and geopolitical catalysts, from Fed hints to intensely brewing conflict with Iran. But there is one key trend that stands to push gold up beyond $1,700--regardless of the day’s news. Of course, it’s difficult ... Read More about Why Gold Prices Are About To Skyrocket Even Higher
Gold Prices To Hit $1,575 In 3 Months, $1,600 In 6 Months – Goldman Sachs
Kitco News: "Goldman Sachs Group upgraded its gold forecast for the first time this year, upping its 3-month and 6-month projections to $1,575 and $1,600 an ounce in light of escalating trade war tensions. Gold prices were solidly above $1,500 an ounce on Monday — a level that was hit last week for ... Read More about Gold Prices To Hit $1,575 In 3 Months, $1,600 In 6 Months – Goldman Sachs
Gold Prices Hit All-Time Highs In These Currencies
Kitco News: "The gold market saw massive moves on Monday, breaking record highs in a number of currencies, including the British pound, the Japanese yen, the Canadian and the Australian dollars. The yellow metal also saw a massive 3% daily rallies in other currencies. The main driver behind ... Read More about Gold Prices Hit All-Time Highs In These Currencies
$1,500 Gold, Here We Come
Todd "Bubba" Horwitz for Kitco News: "As we look back at the action in gold last week, we saw a market that was consolidating. There was the shakeout of the weak hands who trade on their opinions instead of what we preach every day: the market footprint. In other words, we saw many dump ... Read More about $1,500 Gold, Here We Come
Wall St., Main St. See Gold Prices Maintaining Upward Momentum
Kitco News: Wall Street and Main Street look for gold to keep building on its recent gains, according to the weekly Kitco News gold survey. The metal hit a fresh six-year high in screen trading after renewed dovishness from Federal Reserve officials Thursday. “Gold has not only ... Read More about Wall St., Main St. See Gold Prices Maintaining Upward Momentum