Investors' giddy excitement over booming U.S. stocks like Nvidia might be getting in the metal's way.
Treasury yields (^FVX, ^TNX, ^TYX) climb as concerns about geopolitical tensions grow amid an escalation in the Russia-Ukraine war. Manulife Investment Management chief investment officer and senior portfolio manager Nate Thooft sits down with Seana Smith and Brad Smith to discuss his outlook for fixed income.
Gold prices have been showing signs of life against a backdrop of worrisome headlines tied to the Russia-Ukraine war — but one analyst said investors should take advantage of pullbacks to buy the metal ahead of a potential climb toward $3,000 an ounce next year.
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.
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.
The gold market continues to see a lot of buyers out there, as the central banks, interest rates, and the shaky geopolitical issues all have a part to play in this overall uptrend that we have been in for some time.
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 edged higher in early Asian trade. The precious metal's appeal as a safe-haven asset has been supported by the escalating geopolitical tensions, said FlowCommunity.
Gold continues its recovery, heading to test resistance near the 50-Day MA, with a confluence zone higher between 2,684 and 2,692.
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.