Tim Hayes, chief global investment strategist for Ned Davis Research, said in a recent interview with Kitco News that gold is struggling in the near term as markets brace for a shift in U.S. “Despite this talk, real yields are going to remain in negative territory. dollar is seeing some near-term momentum, Hayes noted that […]
The precious metals bulls are encouraged this week by growing ideas the Federal Reserve will not be able to start tightening its monetary policy as soon as many had reckoned just a few weeks ago. economic data, and less emphasis on the surging coronavirus that may have the potential to damage major economies again in […]
Looking at the technicals on the current chart the price has hit the $1800/oz area again. …Read the full story
Update: Gold now seems to have entered a bullish consolidation phase and was seen oscillating in a narrow trading band, near two-and-half-week tops touched on Monday. Investors drew comfort after the US Food and Drug Administration granted full approval to the Pfizer/BioNTech COVID-19 vaccine. Meanwhile, worries that the fast-spreading Delta variant of the coronavirus could derail […]
We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This website uses cookies to personalize your content , and allows us to analyze our traffic. …Read the full story
“We wanted it so bad, and I think the reason we got it is because from the beginning of the tournament, we just believed in each other, and we just believed we were going to change the colour of the medal,” Rose said “It makes me feel proud. …Read the full story
Update: After rising to its strongest level since August 5 at $1,809.59 in the early trading hours of the American session on Tuesday, good lost its bullish momentum and not looks to close the day flat around $1,805. Gold gained some positive traction during the early North American session and climbed to near three-week tops, around […]
“We were looking back at the heavy fall, subsequently unwound, in gold the previous Monday in the so-called ‘flash crash,’ which took over $100 or just over 1% off the price. At the time of writing, September Comex silver was trading at $23.93, up 1.16% on the day. “The Bloomberg base metals index, for example, […]
Miami, FL – Concacaf has revealed the details for its new and exciting senior women’s national team competitions taking place from 2021 through 2024. This new ecosystem wholeheartedly delivers on that and the inclusion of an inaugural Concacaf W Gold Cup as a central part it is a truly exciting step in our journey to […]
Federal Reserve gathering in July, which indicate the central bank could make a formal decision on scaling back its bond buying program by year-end. On Tuesday, for example, New Zealand entered a three-day nationwide lockdown in response to the discovery of a single case, and Australia reported it expects cases to rise significantly in the […]
Although gold prices have rallied more than $100 from their recent lows, the market is struggling to break resistance just below $1,800 an ounce. “Going forward, the upside for the gold price is likely to be restrained in the very short-term. “Interestingly, despite weaker than expected economic readings more recently and the slump in consumer […]
“This thread is to clarify the location of DAB international reserves,” Ahmady tweeted. “Given that the Taliban are still on international sanction lists, it is expected that such assets will be frozen and not accessible to Taliban,” he said. …Read the full story
Navy wins gold for the first time since 1985, defeating Air Force 20-17 in the championship game. Navy, powered by the bat of Seaman Patsy Erwin of Naval Station Mayport, Fla., ended their 36-year wait for Armed Forces Women’s Softball gold with a 20-17 win over three-peat defending champions Air Force on Friday at the […]
The simple view is Gold is at the moment of truth, breakout and go higher or fail and test the recent lows. When we consider a trade, it has nothing to do with the news or economic data; it has everything to do with the price action. Keep the two strategies separate; the worst trade […]
We can be guilty of forgetting this sometimes, but the UK can still rule the waves. Despite what you may have heard about a British shipbuilding decline, we are world leaders in yacht building and design, and still growing strong. And the work is incredibly varied, for building a yacht, or sailing vessels, takes a […]
We have enabled email notifications—you will now receive an email if you receive a reply to your comment, there is an update to a comment thread you follow or if a user you follow comments. This website uses cookies to personalize your content , and allows us to analyze our traffic. …Read the full story
October gold futures were last down $2.80 at $1,782.90 and September Comex silver was last down $0.199 at $23.46 an ounce. Next week’s annual Jackson Hole Fed symposium is likely to see some clarification on the Fed’s monetary policy and the timing of any upcoming actions by the Fed. The surging coronavirus delta strain is […]
Federal Reserve gathering in July, which indicate the central bank could make a formal decision on scaling back its bond buying program by year-end. On Tuesday, for example, New Zealand entered a three-day nationwide lockdown in response to the discovery of a single case, and Australia reported it expects cases to rise significantly in the […]
