Price gains for gold as U.S. dollar continues to erode
(Kitco News) – Gold and silver futures prices are moderately up in early U.S. trading Wednesday. Support comes from a weakening U.S. dollar index that hit a six-week low overnight.
Read moreBitcoin daily chart alert – Bulls hit the gas at mid-week – Oct. 21
(Kitco News) – Bitcoin-U.S. dollar prices are sharply higher and hit a two-month high in early U.S. trading Wednesday.
Read moreShares in UK mining companies tank Wednesday
(Kitco News) – UK mining shares have struggled this morning with the likes of Centamin, Hochschild and Fresnillo all lower.
Read morePrecious metals are once again trading firmer leading into the EU session
(Kitco News) – Precious metals are once again higher overnight as the market is once again full of hope over the US fiscal stimulus deal. According to US house speaker Pelosi’s team, the two sides are closer to a deal and will speak again during the US…
Read moreGold ‘super bubble’, another Civil War now more likely than ever – Doug Casey gets serious
(Kitco News) – Gold ‘super bubble’, another Civil War now more likely than ever – Doug Casey gets serious
U.S. stimulus to trigger rally: Gold price to surge to $2,200 by year-end – ANZ
(Kitco News) – The U.S. fiscal stimulus package will trigger a price rally in gold, according to Australia and New Zealand Banking Group (ANZ), which sees the precious metal surging to $2,200 by the end of the year and advancing to $2,300 by early 2021.
Read moreGold, silver post slight gains, supported by slumping USDX
(Kitco News) – Gold and silver futures prices are modestly up in midday U.S. trading Tuesday. An eroding U.S. dollar index this week is a supporting the precious metals market bulls.
Read moreGold price around $1,900 is waiting for another stimulus package and it will come – Aberdeen Standard Investments
(Kitco News) – Gold prices churning around $1,900 lacks direction because politicians can’t find enough common ground to pass another comprehensive stimulus bill. Still, one market analyst said that investors need to look past the current noise.
Read moreStimulus deal to see resumption of the gold bull trend: MKS PAMP Group
(Kitco News) – As gold continues to hold the $1,900 an ounce level, markets are watching the last-ditch effort by the U.S. government to pass the stimulus package before the election.
Read moreGold price is watching key stimulus deadline while Asian demand remains weak: Commerzbank
(Kitco News) – The U.S. stimulus talks take center stage Tuesday, which reportedly marks the last deadline for stimulus to get approved before the election, according to Commerzbank.
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