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 […]
Tag: Gold investments
Sustained Movement Means High Optimism for Gold and Silver Investors – Weekly Wrap Up (July 31, 2020)
Despite a pullback this week, precious metals are wrapping up one heck of a month—and the future looks even better. How good will it get? Host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to plan for the months ahead. In […]
Gold price at daily highs following 0.2% decrease in U.S. PPI
Gold prices are at daily highs as the U.S. Producer Price Index (PPI) falls short of expectations in June, declining 0.2%. Market’s consensus was expecting to see a rise of at least 0.4% on a monthly basis. The annual PPI also disappointed market forecasts, falling 0.8% vs the expected 0.2% […]
Gold is the asset to hold in a dangerous world – Ballingal Investment Advisors
Gold prices have achieved an important milestone, testing critical resistance at $1,800 an ounce, and one Australian firm is expecting that prices will continue to push higher. In an interview with Kitco News, on the sidelines of the Mines and Money Online Connect virtual mining conference, Andrew Ballingal, founder and […]
Gold, silver weaker; bullish spark needed
Gold and silver prices are modestly lower in midday U.S. trading Thursday, even as global equity markets have paused late this week following recent rallies. The safe-haven metals bulls need a new fundamental development to spook the marketplace and jumpstart their near-term price uptrends. August gold futures were last down […]
Download Free Gold Report 2020
Dear Investors and Friends, We hope you find this free report English version: Extended Version – English (350 pages) Compact Version – English (92 pages) Since 2007, the annual In Gold We Trust report is THE authoritative report on gold investing, and is required reading for anyone interested in the precious metal market. As […]
Gold, silver up on safe-haven demand amid gloomy economic outlooks
Gold and silver prices are solidly up in midday U.S. trading Thursday. Safe-haven demand is featured late this week as global stock markets have become shaky again. A growing number of economists are now projecting longer recovery periods for major world economies, highlighted by Federal Reserve Chairman Jerome Powell Wednesday […]
Physical gold demand falls in 1Q; investment may fuel rally to $1,800/oz – Refinitiv
Physical demand for gold – consisting of jewelry, industrial uses, central-bank purchases and retail buying of bars and coins – fell by 26% year-on-year to 753 metric tons in the first quarter, the lowest level since 2009, as high prices led the drop in consumption, said Refinitiv Thursday. Nevertheless, demand […]