Bitcoin Plunges Below $4,000, Is $3,000 Next?
Bitcoin briefly fell below its most recent support level of $4,000, with some analysts now saying that a breach below $3,000 could be next.
Bitcoin Plunges Below $4,000, Is $3,000 Next? Read More »
Silver Sees More Selling Pressure, Gold-Silver Ratio Hits New Highs
(Kitco News) – When it rains it pours, at least for the silver market, which has seen its value compared to gold fall to a new 25-year low.
Silver Sees More Selling Pressure, Gold-Silver Ratio Hits New Highs Read More »
7% Drop In Oil Makes Difficult But Not Impossible Environment For Gold – Analysts
(Kitco News) – Once again, lower oil prices are dominating commodity markets, casting a dark shadow even over safe-haven assets like gold. Analysts note that because oil is a significant component in many indexes, it will be difficult for gold prices …
7% Drop In Oil Makes Difficult But Not Impossible Environment For Gold – Analysts Read More »
Wall St., Main St. Look For Gold To Shine
Wall Street and Main Street are bullish on the near-term direction of gold prices, based on the weekly Kitco News gold survey.
Wall St., Main St. Look For Gold To Shine Read More »
Gold Prices See Little Reaction To Modest Drop In U.S. Flash PMI Data
(Kitco News) – The gold market remains in negative territory and is seeing little reaction to weaker preliminary sentiment data in both the manufacturing and service sector data.
Gold Prices See Little Reaction To Modest Drop In U.S. Flash PMI Data Read More »
Bitcoin Daily Chart Alert – More Downside Likely – Nov 23
Bitcoin-U.S. dollar prices are lower in early trading Friday and not far above this week’s new low since the inception of futures trading.
Bitcoin Daily Chart Alert – More Downside Likely – Nov 23 Read More »
Gold, Silver Prices Down Amid Bearish Outside Markets
Gold prices are moderately down and silver prices are sharply lower in early U.S. trading Friday, pressured by a firmer U.S. dollar index on and sharply lower crude oil prices.
Gold, Silver Prices Down Amid Bearish Outside Markets Read More »
FXTM: ‘Dollar Always Has The Final Say’ In Gold Price Moves
Gold is on the defensive as the metal remains under the influence of the stronger U.S. dollar, says Lukman Otunuga, research analyst at FXTM.
FXTM: ‘Dollar Always Has The Final Say’ In Gold Price Moves Read More »
U.S. Retailers Should Expect A ‘Cheerful’ Holiday Sales Season — IHS Markit
Even though U.S. retail sales will not beat last year’s performance – the strongest in more than a decade – the 2018 holiday season will still be a “cheerful” one, IHS Markit said in its outlook.
U.S. Retailers Should Expect A ‘Cheerful’ Holiday Sales Season — IHS Markit Read More »
Gold Steady As Markets Worry About Italy, Ignore ECB Minutes
Gold managed to hold on to most of its previous gains, with markets largely ignoring the European Central Bank’s (ECB) meeting minutes and instead focusing on Italy’s decision to resist EU’s budget pressure.
Gold Steady As Markets Worry About Italy, Ignore ECB Minutes Read More »