Gold Weekly Technical Analysis Gold markets have rallied a bit during the course of the trading week to break above the $1970 level. At this point, the market looks as if it is going to turn around an...
Tag: Gold
Gold Prices Stall as Technicals Show Prices are Overbought
Key Insights Gold prices eased slightly. The dollar rallied, putting pressure on the yellow metal. PPI surged more than expected. Gold prices eased slightly on Thursday ahead of the long holiday weeke...
Gold Is Sweet But Sugar Is Sweeter
getty getty I remember the 1970s. Now that doesn’t make me as old as you might guess; it means I started young as a market watcher. I started very young indeed. I bought my first gold share when I was...
How Does the Gold Trading Market Look in 2022?
Gold is a precious metal that’s been highly valued by humans for centuries. Its unique physical properties (almost indestructible, yet highly malleable) mean it has a wide range of uses in everything ...
Gold price outlook with US inflation data in the horizon
Gold price has rallied past the crucial resistance level of $1,950 ahead of the US inflation data. Even with prospects of interest rate hikes, its status as a hedge against inflation and safe-haven wi...
Gold vs. Silver Investments: Which Is Better?
gold vs silver investment Commodities trading means you’re buying and selling raw materials rather than finished products (like a house) or financial assets (like stocks and bonds). Commodities ...
Russia’s Central Bank Slashes Benchmark Rate, Pegs RUB to Gold — Ruble Rebounds to Pre-War Levels – Economics Bitcoin News
Amid the Ukraine-Russia conflict, the Russian ruble has managed to rebound despite the strict sanctions imposed against the Russian Federation. The country’s central bank has taken a few steps to prot...
Best Gold Mining Stocks To Buy Now
Key Insights Gold consolidates in a tight range and has a solid potential for a strong upside move. Gold mining stocks have already developed strong upside momentum. Traders will likely focus on big...
Sanctioned Russian’s Family Sells $6 Billion Stake in Gold Miner
(Bloomberg) — Said Kerimov, the son of sanctioned Russian billionaire Suleiman Kerimov, resigned from the board of gold miner Polyus PJSC on Monday, the same day his family’s holding company red...
Could the Government Confiscate Gold Again? A Look at Today’s ‘Emergencies’ and Revisiting Executive Order 6102 – Featured Bitcoin News
This past Tuesday, April 5, was the 89th anniversary of Executive Order 6102 when the U.S. government would strictly “forbid the hoarding of gold coin, gold bullion, and gold certificates within the c...
CACHE integrates LINK to monitor gold backing
CACHE Gold has adopted a Chainlink (LINK/USD) Proof of Reserve (PoR) feed on Ethereum (ETH/USD) Mainnet to monitor the locked gold backing the CACHE Gold token, CGT, Invezz learned from a press releas...
MicroStrategy CEO says Bitcoin (BTC) has advantages over gold
Michael Saylor is one of the most vocal Bitcoin bulls. Saylor’s MicroStrategy is one of the largest Bitcoin holders, accumulating over 125,000 coins. The executive has now provided the top reasons he ...
Gold price outlook as safe-haven appeal offsets rate hike bets
Gold price has held steady after the FOMC meeting minutes. Granted, higher Treasury yield have continued to curb its upward potential. Nonetheless, it is finding support in the Russia-Ukraine war and ...
Michael Saylor Reveals Why He Chose Bitcoin Over Gold
Adding Bitcoin to their balance sheet has been highly rewarding for institutions that have gone that way. Michael Saylor, the CEO of MicroStrategy, has said that his company has no regret in choosing ...
Kinross Gold to sell off 100% of its Russian assets to Highland Gold Mining
Kinross Gold Corp. KGC, K, +0.55% announced Tuesday an agreement to sell all of its Russian assets for a total of $680 million in cash to Highland Gold Mining. The Toronto-based gold miner said the sa...
Can Digital Assets Replace Gold as an Inflation Hedge?
CMC Markets Connect, a leading global provider of institutional trading and technology solutions, hosted a panel debate to answer the question, “can digital assets ever replace gold as an inflation he...
Team Stange Racing Picks Up Another Win During Sunday’s Dignity Gold GT Sprint Race Doubleheader at Velocitta and Ranks Second Overall in Championship Points
Place/Date: CHICAGO, Illinois – April 5th, 2022 at 4:08 pm UTC · 2 min read Source: Team Stange Racing Results from the second weekend of the Dignity Gold GT Sprint Race at Velocitta in São Paul...
Gold price forecast ahead of the FOMC meeting minutes
Gold price has held steady even as the US dollar and Treasury yields strengthen. The Russia-Ukraine crisis continues to boost the metal’s safe-haven appeal. Besides, investors are keen on the FOMC mee...
Is Gold the Safest Place to Invest During Times of Widespread Market Uncertainty?
As a result, we’ve seen the performance of gold rise to nearly unprecedented levels, but is the precious metal still the place to go for safe-haven investing? Gold’s reputation as a safe space to stor...
Crypto miners strike gold in Oklahoma as state introduces new tax incentives
Oklahoma lawmakers are in the final stages of introducing legislation that would make the state the new cryptocurrency mining hub in the U.S. Called the “Commercial Digital Asset Mining Act of 2022,” ...
U.S. Credit Reporting Firms Aim to Magically Make Us Taller
The bureaucrats at the Bureau of Weights and Measures are so stingy. Their unwillingness to shrink the foot means none of us can grow. If they would just cut the foot in half, we could all be 12 feet ...
Why That Tiffany & Co TiffCoin April Fool Was Semi Real, 499 Have Been Minted In 18k Gold
Tiffany’s TiffCoin April Fool TiffCoin actually exists and is on sale for $9,999. Screenshot On April 1, April Fool’s Day, Tiffany & Co staged a very of the moment hoax via its social media ...
Gold Prices Slip on Strong Payroll Report
Key Insights Gold prices moved lower and continue to trade in a tight range The dollar rallied, weighing on gold U.S. Treasury yields moved higher Gold prices moved higher but remained rangebound. The...
Gold Markets Fall to Test Support
Gold Weekly Technical Analysis Gold markets have fallen during the course of the week to reach down to the $1900 level. The $1900 level is a major round figure that a lot of people will be paying clos...
Russia Seeks New Ways to Sell Its $20-Billion-a-Year Gold Output
(Bloomberg) — Russia’s huge gold industry is searching for new ways to sell its metal, such as exporting more to China and the Middle East, as sanctions choke off its traditional sales routes. M...
Proof of integrity? Gold industry wants blockchain to solve its biggest problems, March 25–31, 2022
As Bitcoin (BTC) continues to eat away at gold’s market share, the bullion industry is looking to blockchain — the technology first made famous by BTC — to solve its most enduring challenges. How’s th...
Tether Gold surpasses $500 million in capitalization
As a result of surpassing this important threshold, Tether Gold can now also be used as collateral to obtain loans. Tether Gold explodes The market capitalization of Tether Gold (XAUT) recently rose t...
Gold price forecast with the US NFP data in focus
Gold price ended March in good shape to record the best quarter since mid-2020 at the peak of the COVID-19 pandemic. Investors are keen on the non-farm payrolls data amid the heightened inflationary p...
Bitcoin Gold Price Prediction 2022-2033
The introduction of Bitcoin (BTC) in January 2009 came with the proposition that mining the coin would be available to all and sundry, and this appeared to be the status quo for some time. However, as...
Galaxy Digital and Bakkt CEOs Express Differing Opinions on Bitcoin Being Digital Gold
The CEO of Galaxy Digital is optimistic about the continued use of bitcoin as a hedge against deteriorating fiscal stewardship. At the Barclays Crypto and Blockchain Summit held online March 29 – 30th...
Stocks Down, Oil Falls, Bitcoin and Gold Slightly Rise – Trustnodes
Almost every stock in the world is down today, though only a bit. Shanghai has seen a fall of 0.44%. Europe’s Stoxx are down 0.34%. US futures say a bit of red at -0.22%. Oil has seen a proper fall ho...