Analysts note it didn’t take much to drive hedge funds back into gold and push prices above $1,800
(Kitco News) – Hedge funds once again see value in gold as money managers increase their bullish bets on the yellow metal and cover their bearish positions, according to the latest data from the Commodity Futures Trading Commission.
Read moreGold prices hit a wall at $1,850 and can’t find any traction following New York Fed manufacturing data
(Kitco News) – The gold market is holding on to gains but is back below its 200-day moving average after the New York Federal Reserve noting better-than-expected momentum in its regional manufacturing sector.
Read moreGold price hits 3-mo. high as equities, cryptos wobble
(Kitco News) – Gold and silver prices are higher in early morning U.S. trading Monday, with gold notching a three-month high.
Read moreBitcoin daily chart alert – Bears gain control as prices at 3.5-mo. low, trending down – May 17
(Kitco News) – Bitcoin-U.S. dollar prices are sharply lower and hit a 3.5-month low in early U.S. trading Monday. The Bitcoin bears have gained the overall near-term technical advantage as prices are now trending lower.
Read morePetropavlovsk’s gold profits soar as third party gold production ramps up
(Kitco News) – Russian gold miner Petropavlovsk PLC (POG:LSE) reported that its full-year underlying profits improved after the Co. produced more gold and benefitted from higher prices, although costs did increase.
Read moreJP Morgan think there is more space for commodities to move higher
(Kitco News) – In a research note from last week investment banking giant JP Morgan have stated if inflation continues to surprise to the upside, commodities will serve as a useful hedge for investors.
Read moreGold moves higher and bitcoin tanks leading into the European open
(Kitco News) – Gold has had a decent start to the week and maintained its break above the previous wave high of $1845.44/oz. The yellow metal now trades 0.62% higher at $1853.65/oz. Silver has also had a decent session and trades nearly 1% higher at $2…
Read moreReal estate bubble is about to pop, invest here for safety – Scott Rothbort
(Kitco News) – Real estate bubble is about to pop, invest here for safety – Scott Rothbort
Centerra initiates arbitration proceeding against the Kyrgyz Republic
(Kitco News) – Centerra said it intends to hold the Kyrgyz Government accountable in the arbitration for any and all losses and damage that result from its recent actions against KGC and the Kumtor Mine if no resolution is reached.
Read moreWe’re returning to the ‘70s era of social decay, crime, and stagflation – Scott Rothbort
(Kitco News) – We’re returning to the ‘70s era of social decay, crime, and stagflation – Scott Rothbort
