Gold investors have gone into wait-and-see mode ahead of an expected interest rate reduction by the Federal Reserve later on Wednesday that will kick off a busy round of policy decisions from leading central banks.
— Read on www.bloomberg.com/news/articles/2019-09-18/gold-holds-ground-near-1-500-as-investors-count-down-to-the-fed
Tag: Gold
Gold surges more than 1% on global turmoil — but silver rises more
Saudi Arabia on Saturday shut down half its oil production after a series of drone strikes hit the world’s largest oil processing facility in an attack claimed by Yemen’s Houthi rebels.
— Read on www.cnbc.com/2019/09/16/gold-surges-more-than-1percent-on-global-turmoil-but-silver-rises-more.html
The Silver Series: The Start of A New Gold-Silver Cycle (Part 1 of 3)
As the decade-long bull run shows signs of slowing, is it time for precious metals to shine? Here’s why it could be the start of a new gold-silver cycle.
— Read on www.visualcapitalist.com/the-silver-series-the-start-of-a-new-gold-silver-cycle/
Gold seen cracking US$1,600 as Fed goes for cut, cut, cut, cut – BNN Bloomberg
Gold seen cracking US$1,600 as Fed goes for cut, cut, cut, cut – BNN Bloomberg
— Read on www.bnnbloomberg.ca/gold-seen-cracking-us-1-600-as-fed-goes-for-cut-cut-cut-cut-1.1310692
UBS says it’s staying long gold as price now destined for US$1,600 – BNN Bloomberg
UBS says it’s staying long gold as price now destined for US$1,600 – BNN Bloomberg
— Read on www.bnnbloomberg.ca/ubs-says-it-s-staying-long-gold-as-price-now-destined-for-us-1-600-1.1306784
Gold just hit a 6-year high—here’s how to trade it using ETFs
As investors seek safety in gold, experts parse the best options for risk-averse buyers in the exchange-traded fund market.
— Read on www.cnbc.com/2019/08/27/gold-just-hit-a-6-year-high-heres-how-to-trade-it-using-etfs.html
Gold Rally Just Got What Traders Said It Needed: a New Catalyst
(Bloomberg) — Just when it looked like gold’s rally was starting to founder, the Federal Reserve and an escalation in the U.S.-China trade fracas have given the metal new life.Gold, which had been headed for a weekly loss Friday morning, closed at a fresh six-year high after the U.S.-China trade fight
— Read on ca.finance.yahoo.com/news/gold-erases-loss-copper-drops-124055285.html
Buy Gold ‘At Any Level,’ Mobius Says as Central Banks Cut Rates – Bloomberg
Veteran investor Mark Mobius gave a blanket endorsement to buying gold, saying accumulating bullion will reap long-term rewards as leading central banks loosen monetary policy and the rise of cryptocurrencies serves only to reinforce demand for genuinely hard assets. Prices climbed.
— Read on www.bloomberg.com/news/articles/2019-08-20/buy-gold-at-any-level-mobius-says-as-central-banks-cut-rates
Exclusive: China curbs gold imports as trade war heats up – Reuters
China has severely restricted imports of gold since May, bullion industry sources with direct knowledge of the matter told Reuters, in a move that could be aimed at curbing outflows of dollars and bolstering its yuan currency as economic growth slows.
— Read on www.reuters.com/article/us-china-gold-exclusive/exclusive-china-curbs-gold-imports-as-trade-war-heats-up-idUSKCN1V41XN
Precious Metals YTD
