Gold rebounded from session lows as traders bought the dip.
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.
While gold historically – and pejoratively among some circles – may have been considered a "barbarous relic" by many, investors have a tendency of running toward its yellow-tinted covering when circumstances get shaky. As a universal store of value, gold seems to lack the pizzazz of other investments for some.
Gold surged to $2,943, hitting record highs before facing resistance. A weak closing price increases the chances that a bearish reversal may follow, with $2,882 as key near-term support.
Could you really make $1-2 million from mining stocks in the next few years? Rick Rule, President & CEO of Rule Investment Media, shared his insights at the Vancouver Resource Investment Conference, outlining potential opportunities in mining stocks and forecasting an active period for mergers and acquisitions.
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.
Gold has been on an impressive run toward the $3,000-an-ounce milestone, with a years-long buying spree by central banks and economic uncertainty tied to President Donald Trump's policies leading the metal to outperform other asset classes so far this year.
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.
Anna Golubova is the Producer for Kitco News. With more than ten years of experience in media, she has covered a range of topics, focusing on economy and politics.
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.