$DIA $SPY $QQQ $RUTX Negative interest rates in the US were once taboo. The C-19 coronavirus chaos changed that, and has forced investors to give serious thought to the implications of such a drastic policy shift. Rate options, which gauge monetary policy expectations, Monday implied a 23% probability that the Key federal funds rate will […]
$XAU $GLD Gold rose 1% Monday to its highest in more than seven years as dismal U.S. data underscored how badly the C-19 coronavirus chaos has damaged the world’s Top economy, while Palladium soared over 9% on better-than-expected demand outlook. Spot gold was up 1% at 1,759.13 oz by 0708 GMT, after rising to its […]
$XAU $GLD $VXX $USD The Big Q: How High is Too High for the precious Yellow metal? Q-1 of Y 2020 was positive for gold prices, as the chart below shows. The precious Yellow metal gained 6.2% from 31 December 2019 to 31 March 2020, moving from 1,515 to 1,609 oz. In April, gold rallied to 1,693, increasing […]
$NEM Newmont Corp. (NYSE:NEM): Deutsche Bank reiterated its Buy rating and raised its price target to 70 from 54. NEM has seen its shares surge since merging Newmont and Goldcorp to create the world’s Top gold-mining stock. With a market cap of $50-B, the company is loving the price of gold at near 10 yr […]
$GLD $XAU $USD The US once was on a gold standard. This meant people could exchange their Bucks for a fixed amount of gold. The US moved away from a strict gold standard in the 1930’s, and President Nixon abandoned it altogether in Y 1971. Since then, the USD has been a “fiat currency.” Meaning […]
$NEM Newmont Corp (NYSE:NEM) the world’s largest gold miner, posted a more than a 9X jump in Quarterly profit Tuesday buoyed by higher output mainly from its new Goldcorp assets and a surge in gold prices on a rise in safe-haven asset demand due to the C-19 coronavirus chaos. Net income attributable to shareholders rose […]
$GDX $GLD $XAU $GOLD $NEM $USD Gold is regarded as a safe-haven in times of market uncertinty, and it is Money. Investors can gain exposure to the gold industry by buying stocks of companies engaged in the exploration and mining of the precious Yellow metal. Some of the major players in the gold industry include mining companies […]
$XAU $GLD Gold traded lower Thursday en route to its best month since Y 2016 on the massive amounts of stimulus from governments worldwide intended to stem the economic damage caused by the COVID-19 coronavirus outbreak. Bullion usually benefit from widespread stimulus measures as it is often seen as a hedge against inflation and currency […]
$DIA $SPY $QQQ $RUTX $USO $USD $GLD $VXX Thursday, the market opened in the Red as some profit-taking into April’s month-end happened. The market has been climbing that wall of worry the last few sessions improving the charts in all 3 major US stock market indexes, and thus turning all Key technical indicators Very Bullish. […]
$XAU $GLD $XAG $SLV $USD Gold slipped for a 3rd day running as countries moves toward easing stay at home restrictions and reopening economies lessened desires for safe-haven assets. Spain announced loosening measures after Tuesday’s weekly cabinet meeting. France’s PM to present the blueprint for opening up to the National Assembly. Several US states have […]
$XAU $GLD Retail buyers for gold coins and bars are now paying a healthy premium per oz for the precious Yellow metal. Retail consumers who want to buy gold coins usually have to pay more than the per-ounce prices quoted on financial markets in London and New York. That premium has jumped to $135 oz, […]
$GLD $XAU $SLV $XAG $USD Australia’s largest gold refinery has ramped up production of 1 kilogram bars to ease the supply squeeze in the US that helped propel a surge in the premium for New York futures. The collapse in air travel that’s grounded passenger jets used to transport gold products and virus-related disruptions to some […]
$XAU XAG $PLAT As the COVID-19 pandemic erupted, so too did demand for newly minted platinum, gold, and silver coins from the US Mint. In times of crisis and doubt, investors move some assets to safe-havens. The demand is so high it is currently stripping the Mint’s supply. And if history is any indicator, it […]
$XAU $GLD $BAC $USD Bank of America Corp. (NYSE:BAC) raised its 18-month gold-price target to 3,000 oz more than 50% above the existing price record in a report titled “The Fed Cannot Print Gold.” The bank increased its target from 2,000 previously, as policy makers across the globe open huge amounts of fiscal and monetary […]
$XAU $GLD The pattern looks to me like gold is going to continue the longer-term uptrend so I will stay Bullish in here, I believe that the gold markets will continue to attract attention of safe haven seeking investors around the world. Gold Price Predictions Video 21.04.20 Pullbacks at this point should continue to attract […]
$GLD $XAU $USO $OIL $USD At the moment, the sharp move down in Crude Oil is Bullish gold prices Monday will go down in the scrap books as a historic day for Crude Oil prices, but energy-exposed stocks did not collapse as some envisioned. The price on the futures contract for WTI Crude Oil that […]
$GLD $XAU $SLV $XAG $USD With the Fed printing lots of cash, rising inflation is a possibility. If that is the case, gold will to do well. On Top of that, gold has proven its reputation as a good investment throughout these past few months, it is up 16% YTD. While stocks absolutely plunged in response […]
$XAU $GLD $USD Gold traded just off 7-yr highs Thursday as investors bet the precious Yellow metal price would swell as the COVID-19 chaos reshapes financial markets. Futures for June delivery inched up 0.3% to 1,746 oz, holding just below their April high of 1,768. Gold is up 16% YTD, thanks to investors who view it as a […]
$XAU $GLD Gold prices rose 1% Thursday as investors sought safe-havens after dour US economic reports exacerbated fears of a global recession amid central banks’ efforts to stem the financial rout from the coronavirus outbreak. Spot gold was up 0.9% at 1,730.49 oz by 1104 GMT, erasing losses driven by profit-taking and a stronger USD […]
$GLD, $XAU, $SPY, $USD Bridgewater Associates’ Ray Dalio, founder of the world’s largest hedge fund, said investors would be “crazy” to hold government bonds now because of money printing by central banks to rescue the global economy. “This period, like the 1930-45 period, is a period in which I think you’d be pretty crazy to […]
$XAU $GLD $XAG $SLV Gold extended its rally to mark it highest level in almost 8 yrs on concern that the health crisis will have a deep and lasting effect on the global economy, thus boosting demand for the safe-haven. Futures in New York moved close to 1,800 oz, a mark last seen in Y […]
$XAU $GLD Gold extended its strong rally to hit the highest mark in more than 7 years on concern that this health crisis will have a devastating effect on the global economy, hammering corporate earnings while driving demand for safe-havens. COMEX futures in New York moved closer to 1,800 oz, the mark last seen in […]
$XAU $GLD Gold markets broke above the Key 1700 psych mark last week, and then on Top of that closed at the Top of the range on the week. But, there is a lack of volume which is interesting considering that we are seeing the same thing in the stock markets. So, we will get a […]
$GOLD, $BTG, $NEM In times of high volatility, precious metals see increased purchases as investors seek a safe-haven. Gold is the tradition safe-play, the place where savvy investors can put their money and watch it hold its value. With gold in a long term uptrend, stock investors are buying in to and they are doing […]
$GLD, $XAU $GOLD $NEM Thursday, Gold prices spiked after the Trump Fed announced a $2.3-B ‘Big Bang’ lending program to cushion Main Street from disruptions caused by the COVID-19 coronavirus. Gold futures for April delivery climbed 4.25% to over 1,736.20 oz to close at their highest mark since December 2012. In the last 6 wks there have huge […]
$GLD $XAU Gold-backed ETFs and similar products account for a significant part of the gold market, with institutional and individual investors using them to implement many of their investment strategies. Flows in ETFs highlight short-term and long-term opinions and desires to holding gold. The data tracks gold held in physical form by open-ended ETFs and […]
$XAU $GLD Gold prices in Asia are trading lower Wednesday morning despite continuing economic uncertainty. The precious Yellow metal continued its losses from the previous session as gold futures were down 0.22% to 1,680 by 9:33 PM ET (2:33 AM GMT). Gold prices tend to move in the opposite direction from stocks, but the 2 moved in the same direction for the 2nd day running. Asian stock markets opened mixed Wednesday with some […]
$XAU $GLD $XAG $SLV $PLAT $USD $JPY $MTA Gold prices spiked up Monday, extending a 3-session rally Monday gold futures for delivery on the COMEX exchange were up nearly 3% or +47.60 at 1693.30 just shy of the intra-day high at 1695.90. That was the highest mark in 2 wks, in a rally driven by […]
$DIA $SPY $QQQ $RUTX $VXX $GLD $XAU $USD Gold Dealers Report Big Shortages of Small Bars and Coins Gold has been and is the traditional safe-haven of choice for investors looking to protect themselves against stock market dives. When Bear markets come on, gold often performs very well. Gold is off a bit this Spring, […]
$XAU $GLD Gold Dealers Report Big Shortages of Bars and Coins Most in Demand, as People Want to Buy Gold. Gold is seeking a steady mark for its next move North, as President Trump’s warning of a “very painful” time for the United States from the coronavirus and a fresh selloff on Wall Street sent […]
$GC $XAU $GLD Just in: Gold rose more than 1% Wednesday as fears over a worsening coronavirus pandemic triggered a flight to safety, with expectations of further monetary easing by central banks adding support. Spot gold was up 1.4% at 1,592.83 per ounce by 0730 GMT, having slumped 3.1% in the prior session on a […]
$XAU $GLD $USD Volatile stock markets and the outbreak of the coronavirus helped drive holdings in gold-backed ETFs to record highs in Y 2020. The buying is a clear indication of the prominent role of gold ETFs in investors’ portfolios, especially during periods of uncertainty and panic. Gold-backed ETFs saw $4.9-B of inflows in February, […]
$VXX $USD $GBP $EUR $XAU $GLD Keeping tabs on the overall market correlation across assets on the risk or safe haven side was my focus at the weekend. Even though things eased last week with over $5-T in sidelined cash coming back in just 4 days, circumstances might see it snap back into the Bear’s […]
$DIA $SPY $QQQ $RUTX $BLK $CS $JPM Stocks extended their rally after the Senate and Fed took unprecedented measures to protect the US economy from the coronavirus shock, with Black Rock (NYSE:BLK), Credit Swiss (NYSE:CS) and other big Wall Street banks said Thursday night that the major US stock market indexes marked at an inflection […]
$GC $XAU $GLD $USD Gold futures in New York soared for a 2nd session running Tuesday on continued reaction to the Fed’s extraordinary measures to help an economy ravished from the coronavirus pandemic and demand/supply issues. The Fed revealed Monday several programs including lending against student loans, credit card loans and US government backed-loans to […]
$XAU $GLD, $BAR, $XAG $SLV Tuesday, Gold prices marked their largest daily percentage gainer in more than 10 yrs as the precious Yellow metal extended its rally on demand/supply issues and moves by the Fed to address the coronavirus crisis. The Fed announcement Monday “signals there is a new sheriff in town as the Fed […]
$XAU $GLD $XAG $SLV $PLAT $USD Gold prices fell Monday as investors stockpile cash, with a rising numbers of coronavirus-led national lockdowns threatening to overshadow stimulus measures from global central banks to combat the economic damage. Spot gold edged down 0.2% to 1,494.63 oz by 0320 GMT, after rising as much as 3.1% in the […]
$XAU $GLD $XAG $SLV The correcting stock market and global coronavirus pandemic have triggered sudden and irreversible demand for precious metals Each decade has a distinct investment theme. As the decade unfolds, one asset class rises to the Top and outperforms everything else. Below are some examples, as follows: During the 1990’s, the stock market […]
$XAU $GLD “In today’s market the traditional rules are out of order and there is nothing that can be classified as safe-haven, not even gold with its 5000 yrs tradition.” This underlines that fundamentally gold has an undisputed recognition as a reserve asset, but just now, it does not function as it normally does. Be […]
$GC $XAU $GLD Gold futures rose Tuesday, rebounding from a 5-session decliner after the Fed’s announcement to boost lending eased fears over a contraction in liquidity. US equity markets recovered some after Monday’s steep decliner, after the Fed stepped in and putting more liquidity into the economy. This triggered the relief rally in gold because […]
$XAU $GLD $XAG $SLV $USD Monday, gold futures fell to settle at their lowest mark since December, and silver futures finished at their lowest mark in over 10+yrs, as the Fed’s emergency decision to slash interest rates failed to stem losses in the stock market, sending traders scrambling for cash. Prices for the 2 precious […]
$DIA $XAU $USO What a wild week; I am overwhelmed! In my articles I usually find a narrative theme in which to insert my graphics But this week the only theme that comes to mind is what an awful week it was, just awful. Come to think of it, that’s actually a pretty good theme […]
$DIA $SPY $QQQ $RUTX $VXX US stocks spiked 9%+ as President Trump joined reassured investors that he is stepping up efforts to protect the economy from the coronavirus fallout. All 3 major US stock market indexes rose 9%+, as President Trump declared a national emergency to help combat the virus and said the private sector […]
$XAU $GLD $USD Gold is heading for its biggest weekly decliner since Y 2013, despite climbing to the highest in more than 7 yrs earlier this week, as investors sell the precious Yellow metal to meet liquidity needs. Stocks have been in free fall for 16 sessions on concerns emergency fiscal and monetary packages will not […]
$XAU $GLD It looks to me like it does not matter in here whether global stocks are rising or falling investors keep scooping up gold. Holdings in gold-backed ETFs rose by 55 tonnes in the last 3 days accounting for almost 33% of YTD in the last 3 days. As a safe-haven asset, demand for […]
$DIA $SPY $QQQ $RUTX $USO $GLD Monday, the DJIA saw its worst decliner since Y 2008 in response to news of COVID-19 and the Saudi/Russia Crude Oil price war, and the ride the stock market/s have taken in the last 2 wks has left lot of investors with stomach aches. If you have a 401(k) […]
$GOLD Barrick Gold Corp (NYSE:GOLD) marked a 3.5 yr high at 22.44 on 24 February and paused, the data now suggests the stock is flashing a buy signal as it nears a historically Bullish trendline. Barrick Gold stock has come within 1 standard deviation of its 40-Day MA following an extended period above the trendline, defined for […]
$XAU $GLD $USD Monday, Gold prices attempted to break out and made their highs during the Asian trading hours. Prices eased lower and ending the session unchanged, after rising 28 oz at their highs. The 10-yr T-Note yield hit a a mark of .49 bpts down another 15-bpts from Friday. Investors have now baked in […]
$GLD $XAU $USO $OIL $SPY $USD Gold broke above 1,700 oz on a into safe- havens intensified, with the upswing driven by turmoil in the Crude Oil market, the spread of the coronavirus, sinking equities, and expectations of easier monetary policy. The precious Yellow metal hit its highest mark since Y 2012 as Brent collapsed, […]
$XAU $GLD $USD Gold prices broke out as the benchmark 10-yr Treasury yield fell to new lows at 0.897, as investors baked in a 50-bpts interest rate cut when the Fed meets again in 2-wks. This follows the emergency interest rate cut the Fed announced Tuesday, which cut 50-bpts from the Fed Fund rate. USD […]
$XAU $GLD $USD The Gold markets have broken above 1650, but gave back the gains showing signs of exhaustion. Gold futures settled 1.40 lower (-0.1%) to 1,643.00 oz as action quieted down a bit following Tuesday’s spike higher, and ,DXY is up about 0.3% at 97.40. Now if the market break down it is likely that […]
$XAU $GLD $XAG $SLV $USD Gold spiked Tuesday, rising 49, at 1,638 oz. There will be more gains as more investors view the precious Yellow metal as insurance against financial market instability at a time of ultra-low interest rates. Gold got a lift from the Fed’s anticipated move Tuesday to cut its Key short-term rate […]
$XAU $XAG $GLV $SLV $USD Gold futures rebounded Monday, tacking on nearly 2% after suffering the sharpest drop since Y 2013 in the previous session, finding support as central banks promise to act appropriately to mitigate the effect of a viral outbreak that is expected to hurt global economies and supply chains. Bank of Japan […]
$GLD $XAU Friday, April COMEX gold settled at 1566.70, down 75.80 or -4.61%. The move was driven by professional and hedge funds selling as the 2 major players sought to raise cash to meet margin calls and to offset tremendous losses in the stock market. The gold market posted its biggest weekly decliner since November. Despite the […]
$GLD $XAU $USD Gold markets rallied Thursday, but there is selling pressure clusterer above. The market contmay inue to struggle with the notion of safety, and of course gold is 1 of the 1st places people look. USD has not been hit, that puts more upward pressure on precious metals in general. If USD started to […]
$XAU $GLD $XAG $SLV Gold prices finished lower Wednesday, building on the prior session’s retreat, even as worries remain over the spread of coronavirus outside of China. “It appears the bearish aspect of reduced consumer demand for the precious metals amid the potential for a slowdown in global economic growth is presently trumping the safe-haven […]
$GLD $XAU $SLV $XAG Gold prices finished lower Tuesday, giving back some of the prior session’s safe-haven driven gains in a round of profit-taking. Gold for April delivery GCJ20, -0.42% on COMEX fell 26.60, or 1.6%, to settle at 1,650 oz, while March silver SIH20, -0.69% dropped 0.685 , or 3.6%, to 18.191 oz. Gold advanced 1.7% on Monday to a 7 yr […]
$GLD $XAU $USD Gold futures spiked Monday to their highest finish since February 2013, as the spread of COVID-19 to Italy and other parts of the world brought about more nervousness into the markets, lifting demand for safe-havens assets including gold. The precious Yellow metal has become a more widely desired currency again, it is […]
$DIA $SPY $QQQ $RUTX $MCSI $XAU $VXX Monday, Wall Street’s 3 major stock market indexes fell as investors moved to safe-havens after a rise in coronavirus cases outside China caused worries about the global economic impact of a potential pandemic. Note: WHO removed pandemic from the virus’ and downgraded to emergency Sunday. Wall Street’s 3 […]
$GLD $XAU $SLV $XAG $USD $EUR Concerns about the human and economic cost of the coronavirus continues to drive the need for strategic diversification and safe haven demand. Pro-cyclical commodities such as crude oil and copper meanwhile saw their recent recovery falter in face of renewed concern over the virus spreading outside of China. Commodity […]
$XAU $XAG $GLD $SLV $DJIA $USD The week closed with the Dow Jones down almost 2% from its last all-time high. Realize the bulls are only happy when the object of their affection is making new all-time highs, something the DJIA failed to do this week. So with the Dow Jones down 1.89% from its […]
$XAU $GLD $USD Tuesday, Gold prices broke out, to fresh 7-year highs as concerns over declining growth do to the coronavirus buoyed the precious Yellow metal. The rally in gold comes despite a surge in the USD to fresh multi-year highs. The 10-year US yield is trading near the low end of its 5-yr range […]
$XAU $GLD Gold markets continue to look Very Bullish and have done over the last several weeks, and it looks as if the market is trying to get to the 1600 psych mark. The 1600 mark offer lots of resistance, if the weekly candlestick and close above 1600, then the price is likely to go much […]
$XAU $DGCX Dubai Gold Exchange records best month of trading since July 2008. Gold Futures recorded a Y-Y volume growth of 515% Gold Futures on the Dubai Gold & Commodities Exchange (DGCX) in January recorded a M-M volume growth of 66.25% and Y-Y growth of 515%, reported official news agency WAM. DGCX also recorded its […]
$XAU $GLD By Mark J. Lundeen The Dow Jones is hugging its BEV Zero (0.00%) line in its BEV chart below, making a new all-time high on Wednesday, then closing the week a half point from this mid-week high. I expect more of the same for as far as the eye can see. And how […]
$GLD $IAU $XAU Gold ETFs are the go-to choice to easily and quickly gain exposure to the precious Yellow metal. According to DataTrek research, ETF investors have been a Key driver of the 18.4% full-year gainer in gold prices, even as global demand for the precious Yellow metal dipped 1%. The data suggested that the […]
$XAU $GLD Gold has been valued as a currency, commodity and investment for thousands of years, and is popular among today’s investors because it can be used as a hedge against currency devaluation, inflation, or deflation, and due to its ability to provide a “safe haven” during times of economic uncertainty. The gold market is highly liquid and there […]
$GLD, $XAU Gold markets rallied some Thursday, reaching towards 1580 an area that has attracted attention recently, but longer-term it’s likely that the market is going to try to get to the psych mark at 1600. At this point, gold will have to break through headwinds at 1600, so a daily close above that Key resistance […]
$XAU $GLD When the spread between 10-yr and 3-mo Treasuries bottomed out, the price of gold rose above 1,580. And the current fears about coronavirus may support it in the short-term. However, fears about prior virus outbreaks were overblown as is this 1, and the current anxiety looks to be temporary. The yield curve has […]
$XAU $GLD Monday, Gold markets rallied a bit, as traders came back to work. This is a market that continues to find buyers on short-term dips and it also has a significant uptrend line that comes into play too. I am seeing that buyers will buy dips as gold has more of a safety play attached […]
$XAU $GLD $SPY $SPX The S&P 500 posted a record high Wednesday at +37.10, or 1.1% at 3334.69 The reverse side of market optimism was the correction of safe-havens such as JPY and Gold. The JPY declined against the Buck, lead USDJPY to its highs in a 1. wks near 109.50, showing a rebound from the 200-Day SMA. Gold dropped […]
$GLD, $SLV, $GXDJ, $XAU, $XAG With Wednesday’s Fed meeting past, precious metals can resume their uptrends. A breakout in gold should extend to challenge $1700+ in March. Gold Breaking Out: Prices are just now breaking free from the January mid-cycle consolidation. Prices should continue higher for another 4-6 wks and challenge 1700+ in March before this 6-month […]
$XAU $GLD Gold markets pulled back during the trading session Tuesday, reaching towards 1565. This is an area that should attract some attention but support is in the 1550 region, so waiting for some good support makes sense. With that in mind I like the idea of buying the dip on a short-term chart, keep […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $GLD, $XAU, $USO Last Week Stock action has improved with low to high gains and the stocks that stumbled Wednesday have showed stronger action. There has been excellent action in response to good earnings both during the trading session and after-hours. Bonds rallied, gold has risen and Crude Oil has […]
$XAU, $GLD Gold rose to a more than 2-week high Friday as the latest updates on the coronavirus dented risk sentiment, and prompted a flight into safe-haven assets. Spot gold was up 0.7% at 1,573.53 oz by 1:41p EST (1841 GMT), having hit a peak since 8 January at 1,575.03 earlier in the session. The […]
$XAU $GLD “Gold is a place you want to be. I think that it’s partly because its inversely correlated with interest rates. But it’s also an insurance policy when things go wrong,” David Rosenberg said. “There’s no such thing as a no-brainer, but this is close.” Gold is off to a terrific start this year […]
$XAU, $GLD, $GDX, $GDXJ, $SLV After bottoming in November, GDX has underperformed and failed to make new highs while gold spiked above 1600 on geopolitical concerns. The next few days are Key. To maintain the potential for an immediate breakout, miners must hold support and turn higher. Failing to keep this level and closing below […]
$XAU, $GLD Gold markets initially pulled back during the trading session Monday but turned around to recover some. It is currently hanging around the 1550 mark, an area that had seen a gap higher previously. The markets are trying to feel out whether or not there is a “risk on” or “risk off” flavor to everything. […]
$XAU Mexico’s National Institute of Anthropology and History announced the findings of new tests of the bar in a statement Thursday, a few months before the 500-yr Anniversary of the battle that forced Hernan Cortes and his soldiers to temporarily flee the city on 30 June 1520. A day earlier, Aztec Emperor Montezuma was killed, […]
$XAU, $GLD, $XAG, $SLV, $USD Gold’s entered a gentle climb North after marking the 12 November lows. It was not until the Thursday before Christmas when prices verified a cyclical breakout. The initial breakout surge is slowing as the precious Yellow metal enters a mid-cycle correction. Key support is between 1520 – 1540. Once completed, […]
$DIA, $SPY, $QQQ, $RUTX, $VXX, $AAPL, $AMD President Trump cheered as US stocks posted record high closes on Thursday as optimism about a US-China trade deal firmed and as Apple and other market heavyweights posted strong gains. “STOCK MARKET AT ALL-TIME HIGH! HOW ARE YOUR 401K’S DOING? 70%, 80%, 90% up? Only 50% up! What are you […]
$XAU $GLD $NEM $USD Gold prices pulled back Wednesday after climbing above 1,600 for the 1st time in 7 years as tensions between Iran and the United States simmered. The precious Yellow metal has been 1 of the best performing assets in the world and one strategist says it is only getting started. “I think […]
$XAU $GLD $USD Do not be surprised if gold moves to consolidate its gains or correct after this jump in prices, a big downturn is not likely on the cards if that happens. Gold’s latest rally comes on back of last week’s US airstrike near Baghdad’s airport that killed General Qassem Soleimani, 1 of Iran’s Top military […]
$GLD, $XAU, $SLV, $XAG, $USD, $NEM Gold rods to its highest mark since Y 2013 in the US session Monday, as rising tensions in the Middle East drives demand for havens, with Goldman Sachs (NYSE:GS) seeing more room to run. Palladium, the most precious, extended gains to a fresh record. Bullion neared 1,600 oz after […]
$DIA $SPY $QQQ, $RUTX, $VXX, $SOY, $CORN, $XAU, $CU, $USO This is our 1st What to Watch in the commodities sector, it is an overview of what to expect. The picture mixed, complex picture that emerges. The list covers oil, gold, copper, iron ore, pork and more. The year’s 1st full week of trading could […]
$XAU, $GLD Blackstone’s Byron Wien says gold ‘”has a chance to be an interesting investment“ That is how the veteran investor, and 1 of the most influential investors, described the outlook for the precious Yellow metal in the coming 12-month stretch ahead of the release of his well-read list of market surprises. Mr. Wien did […]
$MTAFD Metalla Royalty & Streaming Ltd. (TSXV:MTA) (OTCQB:MTAFD) is pleased to announce that its common shares have been approved for listing on the NYSE American LLC. Metalla expects its common shares will commence trading on the NYSE American as of market open on 8 January 2020 under the ticker symbol “MTA”. Metalla’s common shares will continue […]
$XAU, $GLD, $USD Gold prices moves higher as USD eases, and an Iranian-backed militia stormed the US Embassy in the Iraqi capital Tuesday. US short term yields moved lower weighing on the interest rate differential, which put downward pressure on the Buck and paved the way for higher gold prices. Technical Analysis: Gold prices moved […]
Rolex’s new Gold Diver the Oyster Perpetual Sea-Dweller is dive watch to own in 2020. Rolex introduced the new yellow Rolesor version of the Oyster Perpetual Sea-Dweller in Y 2019 ushering a new era for this iconic diving watch. The new color palette sees the signature Rolesor, a combination of gold and resistant steel to […]
$GOLD, $NEM, $FNV, $WPM, $XAU, Gold is waking up into year’s end, and so are gold stocks. With stocks booming in Q-4, demand for precious metals has ebbed a bit. But, gold and gold stocks are seeing massive money inflows too. Shares of the world’s Top gold miners are breaching resistance are returning to uptrending […]
$GLD, $XAU, $SLV, $XAG, $PLAT, $USD Gold marked its biggest weekly gainer in more than 4 months, with a decline in USD boosting demand for the precious Yellow metal as an alternative asset. The Buck slipped Vs all of its peers, on track to erase its Y 2019 gains. Gold has gained 18% this year, […]
$GLD, $XAU, $SLV, $USD, $JPM, $GS, $UBS Gold rose for a 4th session running, topping 1,500 oz and on pace for its best annual gainer since Y 2010. The precious Yellow metal marked a 7-wk high on the breakout as investors positioned for Y 2020, with post-Christmas gains coming even as global equities inched higher and US-China […]
$XAU, $GLD, $USD Gold prices broke out Tuesday during this holiday shorted session pushing through the December highs despite a stronger USD and unchanged US yields. There was very little data to drive prices following Monday’s US Durable goods orders which was weaker than expected and a downgrade in projected US GDP by the Atlanta […]
$SPY $SPX, $XAU, $USO, $USO For all the stress, worries and concerns about trade disputes, geopolitics and a slowing and overly indebted global economy, Y 2019 may be the best year investors have ever had. The numbers are staggering Global stocks have piled on more than $10-T, bonds have been on fire, Crude Oil has […]
$XAU, $GLD Last week Gold markets went back and forth doing almost nothing. But, am seeing a bit of resiliency over the last month, as the 1450 mark has been Very Strong support. The 38.2% Fibo retracement mark is right there, as is the Top of the prior ascending triangle. Ultimately, this is a market that […]
$ARVN, $GOLD, $BBY, $BX, $CSCO, $REAL, $SPLK Daily HeffX-LTN reviews dozens of the Street’s Key analysts research reports to ID new trading and investing ideas for HeffX-LTN readers. Some reports cover stocks to buy, and others cover stocks to sell or avoid. Below is a list of The Street’s Key analysts outlook for Key issues for Friday, as follows: Arvinas Inc. (NASDAQ:ARVN) was started with a Buy […]
$GLD, $XAU Gold futures traded higher late Thursday despite extremely low volume. Traders are saying the market is being underpinned by the lack of details over the US-China trade deal, and the political uncertainty in Washington. The low volume is being attributed to position-squaring ahead of the Christmas and New Year holidays. At 20:35 GMT, February […]
$GLD $XAU $USD Gold futures are trading nearly flat late Tuesday with gains capped by demand for risky assets and a stronger USD. The market may have been underpinned by slightly weaker US Treasury yields. Fundamentally, the market was pressured by stronger-than-expected US economic data, but may have been supported by concerns over the lack […]
$GLD, $XAU, $SLV, $XAG, $USD Gold prices look to end the year more than 15% higher, on track to post their biggest annual gainer in 9 years. “Gold has seen considerable safe haven buying from investors concerned over low and negative yields in the bond market and fearing a possible downturn in equities,” said the […]
$XAU, $GLD, $USD, $XAG, $SLV The following is a deep dive into past Gold’s Price History by James Anderson who begins with a gold price chart covering more than the last 700 years. Leading into the USD price of gold since the 1776 founding of the United States of America (USA) through the post-1971 fully fiat […]