Gold futures posted a record deal on Friday, along with their strongest weekly performance since early April, with calls to the never-before-seen level of $ 2,000 an ounce for the precious metal to come stronger than ever. “The gold and silver bulls will face a real challenge in the next …
Read More »
Gold prices appeared to extend a winning streak to a fifth straight session on Thursday, bringing the yellow metal at a distance from a record settlement high of around $ 1,900 an ounce, underscoring the feverish demand for bullion amid the worst pandemic in more than a century. If gold …
Read More »
Shares ended higher on Wednesday following news that drug maker Pfizer (PFE) – Get report reached a coronavirus vaccine agreement with the United States government. Global coronavirus infections crossed 15 million on Wednesday, according to Reuters, and the US reported more than 1,000 deaths from Covid-19 on Tuesday, the first …
Read More »
Gold and silver rose further on Wednesday, after China said the United States ordered it to close its Houston consulate, signaling a further increase in tensions between the two countries and sparking demand for safe-haven assets. “Gold attracts flows when real interest rates compress and when political tensions increase, making …
Read More »
Silver futures marked their biggest sell-off in nearly four years on Monday, fueled by a sharp rise in investment demand as the metal continues to catch up with sister metal gold. Trading in the gray metal is worth just 10% of what gold sees every day, so hedge funds and …
Read More »