Bitcoin daily chart alert – Bears seize control – Feb. 28
(Kitco News) – Bitcoin-U.S. dollar prices are down and hit another four-week low in early U.S. trading Friday.
Read moreShark Tank’s Robert Herjavec: the scariest threat to safety is not just coronavirus
(Kitco News) – Shark Tank’s Robert Herjavec: the scariest threat to safety is not just coronavirus
Read moreBank of America see potential for $2,000 gold but sticking with $1,700 forecast
(Kitco News) – Bank of America is holding steady with its call for gold prices to end the year at $1,700 an ounce, but there is a growing bullish case for the precious metal.
Read moreUS economic risks still to the upside and will weigh on gold price – Natixis
(Kitco News) – Gold prices have surged higher this week as fear sentiment sweeps through financial markets, with investors worried that the spreading coronavirus will drag down the global economy. However, one market analyst is not convinced that gold …
Read moreGold prices vacillate Thursday, amid the swings in U.S. stock market
(Kitco News) – Gold prices were trading just below unchanged at midday Thursday, and were near their daily lows as the U.S. stock market had regained much of its sharp morning losses.
Read moreGold prices vacillate Thursday, amid the swings in U.S. stock market
(Kitco News) – Gold prices were trading just below unchanged at midday Thursday, and were near their daily lows as the U.S. stock market had regained much of its sharp morning losses.
Read moreIf coronavirus fallout lasts into Q2, gold price could see $1,800 levels — Goldman Sachs
(Kitco News) – As gold resumed its rally Thursday after some consolidation, Goldman Sachs issued an upward revision to its 12-month price projections for the yellow metal — not ruling out $1,800 an ounce.
Gold producers focused on dividends; investment sentiment upbeat – BMO
(Kitco News) – Investors remained optimistic about equities of gold-mining companies, and producers remained focused on returning capital to shareholders, in particular by paying dividends.
Read moreCommerzbank: gold ETFs post first outflow in 26 days
(Kitco News) – Holdings of gold by global exchange-traded funds have fallen for the first time in nearly a month, said Commerzbank.
Read moreGold holds gains after U.S. jobless claims rise by 8,000
(Kitco News) – Gold retained earlier gains after the Labor Department said Thursday that initial weekly U.S. jobless claims rose by 8,000 to a seasonally adjusted 219,000 in the week to Saturday. Spot gold was last up $10.30 to $1,651.10 an ounce.
Read more