Gold to see $5,000-$9,000 price levels in 10 years – In Gold We Trust Report
(Kitco News) – The yellow metal could be looking at nearing the $5,000 an ounce price tag in a decade and that is a conservative estimate, according to the annual In Gold We Trust Report published by Incrementum AG.
Read morePlatinum giant to enter battery space in ‘due course’
(Kitco News) – Despite the rise of electric vehicles, platinum group metals still have a good 10 years in front of them, and an entry by the world’s largest primary producer of platinum, Sibanye-Stillwater, into the battery space is planned in “due cou…
Read moreU.S. trade war tensions drive gold prices back to $1,700 – analysts
(Kitco News) – Gold prices are staging a late-day rally Wednesday as tensions between the U.S. and China continue to escalate.
Read moreGold recovers from early sell off as bulls step in to buy the dip
(Kitco News) – Bull markets survive and carry on when downside price corrections in overall uptrends are perceived as value-buying opportunities and the bulls step back in.
Read moreAll signs are bullish, so why are gold prices in a rut?
(Kitco News) – The strong rally in equities the last two months has taken some of the safe-haven demand away from gold, but bullish analysts have not given up on the metal yet, saying they look for “money printing” to eventually take gold higher.
Thailand’s April gold exports increase 830% from 2019 as consumers sell en mass
(Kitco News) – Gold has been providing a vital lifeline worldwide to people whose lives and income have been devastated by the economic turmoil caused by the COVID-19 pandemic.
Read moreCommerzbank: Swiss data confirm weak Asian demand but strong ETF demand for gold
(Kitco News) – Swiss trade data confirm the view that gold demand from key Asian nations remains weak but “robust” demand from exchange-traded funds is making up for this, said Commerzbank.
U.S. Bank: ‘central-bank money printing should keep gold prices supported’
(Kitco News) – Gold remains in a bullish trend, with prospects for an economic recovery that will take a while and the likelihood that Federal Reserve officials will remain accommodative, said a research note from U.S. Bank Asset Management Group.
Read moreVerdence: will summer be volatile for equities?
(Kitco News) – There are several factors that could fuel volatility in equities this summer, said Verdence Capital Advisors. The S&P 500 has rallied in anticipation of the economy reopening from COVID-19 lockdowns.
Gold prices lower as investor risk appetite rising this week
(Kitco News) – Gold prices are trading lower again and back below $1,700.00 in early U.S. trading Wednesday, amid keener trader/investor risk appetite in the marketplace at mid-week.
Read more