If you’re a precious metals investor, there’s no reason to beware the Ides of May. With prices rallying “like crazy” and silver rushing forward, host Craig Hemke and Eric Sprott break down all the gold and silver news you need. In this edition of the Weekly Wrap-Up, you’ll hear: The […]
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 […]
The gold market is struggling to find consistent momentum and it may be time for the red hot metal to cool down, according to Carley Garner, co-founder of DeCarley Trading. Garner said that after gold’s run, which saw prices hit a 7.5-year high last month, a correction would be healthy. […]
Massive gold price revisions are hitting the market this week as analysts estimate the impact of the COVID-19 crisis, with one investment bank upping its Q3 and Q4 gold price forecasts to an impressive $2,500 an ounce. Citing unprecedented fiscal and monetary policy stimulus, B. Riley FBR analysts said on […]
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The pending policy response to the market sell-off occasioned by the coronavirus should be good for gold, Rick Rule, president and CEO of Sprott U.S. Holdings told Kitco News at the PDAC conference in Toronto, and he is shopping for cash-hungry juniors. Click On The Image and Watch Full Video: […]
This will be a week gold bugs remember for a long time with the precious blowing past $1,600 level and hitting fresh 7-year highs. All this on the back of renewed concerns about the economic fallout from the coronavirus. Gold is heading for what looks like the best weekly close […]
Once again geopolitical uncertainty has had a short-lived impact on the gold market but that doesn ’t mean investors should give up on the precious metal, according to one market analyst.In a telephone interview with Kitco News, Ole Hansen, head of commodity strategy at Saxo Bank, said that he could […]