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Fitch Solutions sees higher gold prices but momentum won’t last in 2022
The gold market is in a holding pattern within striking distance of $1,900 an ounce, and one firm sees the potential for higher prices, but the momentum might not last through the end of the year.
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70s-style inflation: Biggest risk is ‘invisible wealth destruction,’ gold price going to $20K this decade
The main risk facing investors this decade is not a stock market correction but invisible wealth destruction due to high levels of inflation that are here to stay, said Briton Hill, president and partner
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Gold Miners: Which Door Will Investors Choose?
With the current situation suggestive of a Monty Hall problem, investors are clinging to the first, bullish door. But what if a different option is more likely? The Monty Hall problem is a form
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Gold Slips as Yellen’s Inflation Comments Lift Treasury Yields
Gold declined as comments by Treasury Secretary Janet Yellen on inflation raised expectations for fiscal spending, pushing Treasury yields higher. Bullion ticked lower after Yellen said Sunday that President Joe Biden should push forward
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Keep Buying the Dips in Silver
We’ve seen a strong start to Q2 for silver market, with the metal easily outperforming the S&P-500, as well as the yellow metal. This is a very bullish development given that the strongest periods
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Why is Gold Falling Today?
The gold market is seeing further selling pressure as a wave of positive labor market data hits the marketplace. Less than 400,000 America workers applied for first-time unemployment benefits last week, falling to a
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‘Gold stocks best buy since 1980s’: Gold price to double, but gold stocks could see 10X gains in next 3 years – analyst
With the gold market on a bullish streak again, investors should be paying attention to the gold stocks, which have the potential to see 10X gains in this bull cycle, said Timothy Ord, president
Read More »Hedge funds cover bearish gold bets
Rising inflation pressures continue to support gold prices, forcing hedge funds and investors to cover their short bets, according to the latest data from the Commodity Futures Trading Commission. Renewed speculative interest has pushed
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Gold Over $1,900 as Inflation Jumps 3.6% in April, the Fastest Pace in 13 Years
A key inflation indicator rose a faster-than-expected 3.1% in April as price pressures built in the rapidly expanding U.S. economy, the Commerce Department reported Friday. The core personal consumption expenditures index was forecast to
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Ultimate gold price target is $5,000-$10,000, says Guggenheim’s Scott Minerd
As chaotic price swings of the crypto world push investors back into gold and silver, the precious metals will start to build momentum, with the ultimate gold price target set at $5,000-$10,000, according to
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