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.
Gold neared all-time highs on Monday as Israel and Iran exchanged missile and drone attacks, but the price saw a 0.6% pull-back as the market reacted more calmly than headlines suggested. The price of the precious yellow metal rose from $3,375 an ounce on Thursday to over $3,440 on Friday as fighting between the two Middle Eastern countries broke out, and hit $3,451 in Asia trading on Monday.
Gold breaks above $3,400 and looks to advance further on US dollar weakness driven by geopolitical tensions in the Middle East.
Gold rally accelerates as Israel-Iran conflict intensifies and Fed rate cut bets grow. Market watches for breakout above $3,500.20 next week.
Gold price rallies as Israel-Iran conflict escalates; Fed rate cut bets and safe-haven demand drive bullish gold market outlook.
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.
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.
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.
Market reaction to Israel's attacks on Iranian nuclear sites sends oil and gold prices jumping while the Dow, S&P 500 and Nasdaq sink as investors abandon riskier assets.