Gold prices are up about 25% this year as investors seek a safe haven from trade war anxieties and geopolitical tensions. High-net-worth Americans are increasingly turning to physical gold to diversify from the depreciating U.S. dollar, according to Stephen Jury of J.P.
ACG Metals Ltd (LSE:ACG, OTC:ACGAF) chairman and CEO, Artem Volynets, talked with Proactive about the company's upgraded production guidance, operational performance, and strategic transition plans at Gediktepe. ACG Metals Ltd has increased its full-year production forecast to an average of 36,000–38,000 ounces of gold equivalent, up from the previous guidance of 30,000–33,000 ounces.
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.
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.
The gold market continues to see buyers on dips over the last week, as we continue to trade within a larger range. With this, it suggests that short-term traders come into the picture to lift the price again and again.
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.
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.
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.
Tariff hikes and dovish Fed remarks push gold near $3,346 as silver holds above $38.28. Markets eye key U.S. data for the next move.
Gold rebounded off key support Thursday, reclaiming moving averages and forming a bullish hammer, potentially setting up a breakout above the pennant resistance line.
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.
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.