Kitco News BMO Capital Markets says the current macroeconomic backdrop is favorable for gold, although market participants have largely already factored in the most favorable development – likely interest-rate cuts in the U.S. BMO Thursday hiked its full-year average gold-price outlook by 3% to $1,332 an ounce and looks for […]
Tag: Gold Futures
Phil Streible Talks: Gold’s Monster Rally, Can It Continue?
Daniela Cambone At Kitco Phil Streible at RJO Futures, told Kitco News that prices for the gold may still see much higher levels from. Gold’s rally isn’t over yet by any means. Read full article here: >> Or Go Back To All Articles Here: https://goldnotes.com/category/latest/
Gold Price Going To $1,700 Soon Says Billionaire Paul Tudor Jones
Paul Tudor Jones is sounding the alarm for the U.S. and global economies. The billionaire is looking at gold as the safe-haven play. In an interview with Bloomberg News, Paul said that his favorite trade in the next 12 to 24 months is gold. He added that if the price […]
LBMA: Gold Ounces Transferred Daily Rises In April; Silver Volume Falls
The amount of gold transferred between accounts of London Bullion Market Association members rose. This was during April, while silver volume fell, the organization reported Friday. The LBMA releases clearing statistics each month showing the net volume of gold and silver transferred between accounts of members. Essentially providing a snapshot of the amount of […]
Central Banks Are Buying Gold At The Fastest Pace In Six Years
Earlier this month the World Gold Council published its quarterly report– and it shows that central banks and foreign governments from around the world are buying up gold at their fastest pace in six years. This is pretty big news, and it says a LOT about the future of the […]
Gold Bulletin: Technical Resolution
“On the surface, activity in precious metals markets was subdued during the week ended Friday, April 26. Spot gold rose 0.85% to $1,290.35 and spot silver increased 0.67% to $15.09. During the week, the U.S. Dollar Index (DXY) increased 0.64% to 98.01 and 10-year Treasury yields declined 6 basis points […]
Miners Ride a New Wave of Consolidation
“Investment Thesis: We believe a new gold mining mergers and acquisitions cycle has been ignited. And, we expect this merger boom to accelerate over the next several years. The tepid gold price environment since 2011 has forced many gold producers to decrease their focus on exploration. And, this has caused […]
Jim Rickards | Gold: The Once And Future Money
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