FXTM: gold has ‘spring in its step’ after Apple sales warning
(Kitco News) – Gold has a “slight spring in its step” after a sales warning from Apple Inc. rekindled worries about the negative impact that China’s coronavirus outbreak cold have on the global economy.
Gold prices in striking distance of $1,600 despite strong rise in New York Fed survey
(Kitco News) – Gold prices are holding on to gains, pushing close to $1,600 an ounce even as sentiment in the New York manufacturing sector improves significantly in February.
Read moreGold, silver prices gain amid economic impact of coronavirus
(Kitco News) – Gold and silver prices are up and hit two-week highs in early U.S. futures trading Tuesday, on safe-haven demand as the economic fallout from the coronavirus outbreak is starting to intensify.
Read moreBitcoin daily chart alert – Normal downside correction, so far – Feb. 18
(Kitco News) – Bitcoin-U.S. dollar prices are weaker in early U.S. trading Tuesday, as prices have backed well off last week’s five-month high.
Gold has room to push to $1,600 in the short term UBS
(Kitco News) – A correction in equity markets due to shifting economic growth expectations could be the catalyst to push gold out of its narrow range, according to one market strategist.
Read moreHedge funds are never fall away from gold – analysts
(Kitco News) – Only one week after significant liquidation, shifting sentiment in financial markets is prompting investors to jump back into the gold space, according to the latest trade data from the CFTC.
Read morePBOC easing will support gold prices and could start a global trend – analysts
(Kitco News) – A quiet start to the week is weighing on gold prices, but analysts remain optimistic that prices can push higher as easing from the People’s Bank of China could ignite a further drop in global interest rates.
Bitcoin or gold? The coronavirus has proven which the better safe haven asset is, says analyst
(Kitco News) – Bitcoin or gold? The coronavirus has proven which the better safe haven asset is, says analyst
Read moreSandstorm Gold beats revenue estimates, trades up
(Kitco News) – Royalty and streaming company Sandstorm Gold (TSE:SSL) said yesterday Q4 revenue came in at $24 million, slightly up from the $23 million consensus estimate.
Read moreConsumers to spend $5.8 billion on jewelry this Valentine’s Day
(Kitco News) – Looking for a last-minute romantic present, you can ’t go wrong with jewelry as that gift will once again garner the most dollars among U.S. consumers this Valentine’s day.