The Gold Market Outlook for 2021: World Gold Council Economic recovery and low interest rates set the tone This article is taken from the World Gold Council. To read the report from its original source, click here. Economic recovery and low interest rates set the tone The COVID-19 […]
Market Analysis
Gold and Silver Consolidate Ahead of a Long Bull Market – Weekly Wrap Up
It’s been another crazy week in the markets as we close in on the U.S. presidential election. This week, host Craig Hemke sits down with legendary resource investor Rick Rule of Sprott, Inc. to break down all the gold and silver news you need to see past next Tuesday. In […]
A Blue wave in the Senate sends the gold price back above $2,000 – DailyFX.com
The gold market is in need of a new catalyst as prices continue to consolidate around $1,900 an ounce. With the U.S. election in the home stretch, many investors are hoping a fiscal stimulus package would be the spark to ignite a new rally. In a telephone interview with Kitco […]
Gold goes higher because more stimulus must come – Hug
Guest(s): Peter Hug Global Trading Director, Kitco Metals The stimulus will happen no matter who wins and that is good for metals and gold, said Peter Hug, Kitco’s head of the precious metal division. Click On The Image Below To Read Full Article And Watch The Video:
Don’t trust the gold market? Nearly half of potential new investors lack trust but there’s a solution
Lack of trust in the gold space still represents a major barrier for growth, especially when it comes to attracting new investors, according to one fintech CEO. Gold has experienced “a double perfect storm” this year as the COVID-19 pandemic exacerbated gold’s existing drivers, Goldex CEO Sylvia Carrasco told Kitco […]
Gold, silver see price gains amid rising equity markets
Gold and silver futures prices are higher in early U.S. trading Thursday. Once again, the two metals are choosing to behave like a commodity market and are following the overnight gains in global equities markets, led by the U.S. It appears gold and silver traders reckon rallying stock markets suggest […]
Gold fighting to break to the upside
After testing the recent lows of $1,850, December gold futures have been trying to breakout to the upside. $1,910 has been the stumbling block where gold has failed the last three days. The long-term trend is still short and failure to take the $1,910 level out, will bring gold back to $1,850 and possibly […]
Eric Sprott takes 2.3% stake in First Majestic Silver, valued at C$78 million
The silver market continues to heat up and one billionaire investor continues to increase his exposure to the precious metal through the mining sector. Thursday, First Majestic Silver Corp. (AG: NYSE; FR: TSX) announced a bought deal where Eric Sprott will buy 5 million shares of the silver producer, the […]