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 had another bounce during the past week, but we still find the market sideways from the longer term aspect. Also, it is important to understand that we are still experiencing lower than usual volumes.
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 looks like it is going to continue to consolidate and wait for another reason to get moving. At this point, the market seems a bit aloof, as the major players are probably still on the sidelines from the holidays.
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.
Rolex, the biggest luxury Swiss watch brand, raised prices on some of its most popular models after gold values surged in 2024. A yellow gold Day-Date with a 40-millimeter black dial costs €44,200 ($45,809) as of Jan. 1, up from €41,000, according to Rolex's website in France.
Gold gains on safe-haven demand, trading at $2,665, as geopolitical tensions and China's stimulus hopes bolster investor confidence. Silver trades steady at $29.60.
The US Dollar surged higher within a strong bullish trend, while gold displayed bullish price action.
Gold edged higher in early Asian trade on a promising demand outlook.
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.