Rate cuts, dollar weakness, and political risk all bode well for bullion, UBS investment strategists say. Plus, market newsletter commentary on S&P 500 price targets, AI skepticism, and emerging markets.
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.
When an investment does as well as or better than you hoped it would, what do you do next? That's the dilemma for gold investors, who have seen prices for the precious metal settle at record highs more than 30 times so far this year.
Lawson Winder, Senior Metals & Mining Analyst at BofA Securities, discussed gold's record rally, Agnico Eagle as his top pick, platinum inflows on tight supply, and silver's potential to outperform.
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.
Speaking at a panel for Abu Dhabi Finance Week, Dalio warned that surging US debt costs are clogging the economy the way plaque builds up in arteries.
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.
Seasonal strength doesn't show up year after year.
Gold slips to $3,629 as equities rally and dollar firms, but Fed rate cut bets and safe-haven demand keep downside limited. Silver tracks cautiously at $41.04.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
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.
Commodities expert warns that gold's recent rally could be due for a major pullback. Transcript: CAROLINE WOODS: So how much does it have to fall to be at a price that makes sense to you?