This is the gold price should hyperinflation kick in – VanEck’s Joe Foster
(Kitco News) – Inflation could run above the Federal Reserve’s 2% target by as early as April, said Joe Foster, portfolio manager of the VanEck International Investors Gold Fund, and a highly inflationary environment will be the main catalyst behind gold price breaching its previous all-time highs to reach above $3,000 an ounce.
Why gold will be ‘left behind’ in 2021 compare to these metals – Kai Hoffmann
(Kitco News) – Opportunities lie for base metals to outperform gold this year, said Kai Hoffmann, CEO of Soar Financial Group.
Read moreGold price under pressure as U.S. weekly jobless claims total 965,000
(Kitco News) – The initial weekly jobless claims increased by 181,000 to 965,000 in the week to Saturday, disappointing market expectations.
Read morePrice pressure on gold, silver from shorter-term futures traders
(Kitco News) – Gold and silver futures prices are lower in early U.S. trading Thursday. Selling pressure is seen from the emboldened shorter-term futures traders who have seen the near-term technical postures for both metals deteriorate recently.
Read moreBitcoin daily chart alert – Bulls still strong amid price uptrend – Jan. 14
(Kitco News) – Bitcoin-U.S. dollar prices are higher Thursday amid some choppy, consolidative trading this week. A price uptrend remains in place on the daily bar chart. The bulls have the firm overall technical advantage.
Read moreGold Futures Technical Analysis Pre-US open
(Kitco News) – Gold has remained static in the EU session heading into the US open. The price is stuck at a low volume node at the green support line near $1829/oz but if it breaks it could mean a move to the blue support at $1772.8/oz might be on the …
Read moreOrosur Mining shares jump after Q2 results
(Kitco News) – Orosur Mining (OMI:KSE), the South American-focused gold developer and explorer announced its results for the second quarter ended November 30, 2020.
Read moreGold and silver are mixed leading into the EU open
(Kitco News) – Gold and silver are trading slightly negatively leading into the EU open this morning. Risk sentiment overnight has been ok as the Nikkei 225 (0.85%) and the ASX (0.43%) pushed higher.
Read more‘It should be hard for gold to do anything but appreciate’ – Bloomberg Intelligence
(Kitco News) – He notes that the technical under-pinnings are still there, writing that the U.S. debt-to-GDP is at a 130% threshold, a post-war high. Addtionally, G4 central-bank balance sheets as a percentage of GDP have reached an all-time apex of ab…
Read moreWhere is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term
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