The last bearish overhang for crude — Venezuela — is now gone. Why one trader says oil will follow in gold's footsteps.
Energy bears had one last hope: a Venezuelan production ramp. That's over and the energy sector has never been cheaper, says Kevin Muir.
Gold and Silver Prices Are Surging Again Following Venezuela Developments
One week after a previous rally stalled, gold and silver prices have marched higher again in the wake of the ouster of Venezuelan president Nicolás Maduro.
Gold Edges Higher Amid Ongoing Geopolitical Tensions
Gold edged higher in early Asian trade. Ongoing geopolitical tensions have continued to support safe-haven demand for the precious metal, Exness said.
Gold (XAU/USD) Price Forecast: Bull Trend Reasserts Toward Record Highs
Gold rebounded strongly from 20-day support, reclaiming key averages and reinforcing the bull trend, though overhead range resistance may temper momentum as prices approach record highs.
Gold's structural bull market is far from over, says Catalyst Funds CIO
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Gold, silver rally on continued safe-haven buying
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Central banks bought 45 tonnes of gold in November, Poland leads purchases once again – World Gold Council
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Pinnacle Silver and Gold maps new targets at El Potrero
Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF) has revealed promising results from a recently completed airborne LiDAR survey over its high-grade El Potrero gold-silver project in Durango, Mexico, confirming known structures and uncovering new targets across the property. The survey, which covered the entire 11-square-kilometre project, identified a total of 64 adits, six shafts, and 51 prospecting pits across Pinnacle's two claim blocks.
More price gains in gold, silver; charts turn more bullish
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold (XAUUSD) & Silver Price Forecast: Bulls Defend $4,450 Gold as Silver Eyes $80.50
Gold holds above $4,450 as safe-haven demand grows on geopolitical risk and dovish Fed bets, while silver stabilizes near $78 with $80.50 in focus.
KEFI says its "a great time" to have triggered gold mine development
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) provided a corporate strategy update after the full launch of the Tulu Kapi Gold Project in Ethiopia, noting key project milestones completed during the past month. The mine developer said final contracting packages have been secured, covering all capex and more than 50% of seven-year opex through mining services and electricity supply arrangements.
Gold Edges Lower on Likely Technical Correction
Gold edged lower in the early Asian trade on a likely technical correction after front-month Comex gold futures settled 2.8% higher overnight.
