South Africa's central bank chief Lesetja Kganyago said that officially locking in a lower inflation goal could underpin another drop in bond yields. Read more: Click Here
The precious metal's extraordinary surge is starting to trigger uncomfortable conversations about its bullish prospects.
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.
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.
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.
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.
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.
If the autumn gold rush has started to feel a bit too smooth, Deutsche Bank thinks your instincts are on point. Its technical gauge of “trendiness” suggests the September to October rally has likely peaked in momentum, after running for 29 trading days versus an average of about 19 over the past three years.
Gold prices hit a record high, driven by fears of a renewed trade war between the U.S. and China after Trump announced the latest tariff increase on Beijing.
KEFI Gold and Copper PLC (AIM:KEFI, OTC:KFFLF) said it expects to sign a $240 million debt financing deal for its Tulu Kapi gold project in Ethiopia this week, after resolving a procedural issue with one of its lending partners. The London-listed miner said the overall plan and timetable for the project remain unchanged.
Gold price surges above $4000 as Trump's tariff threats and rising Fed cut bets fuel safe-haven demand in the gold market. Outlook remains bullish.
Buyers and sellers are flooding the crowded Midtown block that holds more than 2,500 businesses.