Platinum market to remain healthy despite growing corona virus risks – WPIC
(Kitco News) – The platinum market is expected to see healthy demand in 2020 despite growing fears that the spreading corona virus will drag global economic growth lower, according to the latest report from the World Platinum Investment Council (WPIC).
Gold market on alert for further central-bank activity
(Kitco News) – Gold traders will be watching closely to see whether still more central banks follow the Federal Reserve in cutting interest rates because of the coronavirus, and if so, the metal may get a further boost, analysts and strategists said.
Read moreGold price muted as Bank of Canada follows Fed with 50-basis-point cut
(Kitco News) – Global central banks appear to be falling in line with the Federal Reserve as the Bank of Canada cuts interest rates by 50 basis points.
Read moreGold prices dip lower following 183K job growth in ADP employment data
(Kitco News) – The gold market has dipped into negative on the day, but prices are still holding on to most of Tuesday’s gains after private sector payrolls processing company ADP said report strong employment growth in the private sector.
Gold, silver prices modestly up; traders await U.S. equities open
(Kitco News) – Gold and silver prices are modestly higher in early U.S. futures trading Wednesday.
Read moreBitcoin daily chart alert – Bulls stabilize market at mid-week – Mar. 4
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Wednesday. The bulls have stabilized the market at mid-week, following the recent downdraft.
Read moreBBH: financial markets expect still more Fed Easing
(Kitco News) – Expectations for more easing by the Federal Reserve have intensified since Tuesday’s surprise 50-basis-point rate cut, said Brown Brothers Harriman.
Fed’s surprise rate cut: what happens next to gold prices?
(Kitco News) – Fed’s surprise rate cut: what happens next to gold prices?
10-year Treasury yield below 1% means Fed ‘hasn’t gone far enough’ — analysts
(Kitco News) – The 10-year Treasury yield dropping below 1% for the first time means that the market thinks the Federal Reserve might not be done easing after an emergency 50 basis point cut, according to analysts.
Read moreFed failed to calm markets; VIX returns to highest level since 2011 and extreme fear is back
(Kitco News) – The CBOE Volatility Index (VIX), a popular gauge of market fear, has returned to nine-year highs after falling briefly after Monday’s stock market rebound.