Gold steadies above $2,910 as traders await the U.S. NFP report. A break above $2,928 may fuel gains, while failure to hold key levels could trigger selling.
Gold and silver build a bullish price structure and signal an upward move as the US Dollar weakens under bearish pressure.
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.
Gautam Chadda of RBC Wealth Management Singapore discusses their overweight on gold, as well as the consequences of a potential 'revaluation' of gold. He also says the proposed 'Mar-a-Lago Accord' will impact investors confidence for U.S. dollar assets.
Victoria Greene, G Squared Private Wealth founding partner and CIO, and Aaron Dunn, Morgan Stanley Investment Management co-head of value equity, join 'The Exchange' to discuss Greene's investment thesis right now, why investors should consider gold, and much more.
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.
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.
“With the current state of domestic and global affairs, I'm at a loss as to how to keep my economic stability in check.”
South Korea's state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal. The Korea Minting and Security Printing Corporation (KOMSCO), which is responsible for the production and distribution of various security products, has suspended sales of gold bars for more than three weeks.
After reclaiming the 20-Day MA, gold tested resistance at $2,930. A drop below $2,894 could confirm a continued bearish retracement.