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.
Simultaneous sharp moves across asset classes have delivered a unique technical confluence — though interpreting what it signifies is pretty difficult.
Record gold prices are warning the stock market that higher inflation could return.
Gold rallies above $2,750 on strong safe-haven demand, but rising yields and dollar strength increase the risk of a short-term pullback despite bullish support.
Anna Edwards, Kriti Gupta, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." -------- More on Bloomberg Television and Markets Like this video?
Gold holds above $2,738, supported by geopolitical risks, but a robust US dollar could limit further upside. Key resistance at $2,754.
Gold edged lower in the early Asian session on a likely technical correction
Gold surges to record highs, trading strong and approaching the next target around 2,754. A continuation above there shows it heading towards a bull flag target at 2,815.
Gold mining stocks, as tracked by the VanEck Gold Miners ETF GDX, extended their winning streak on Tuesday to nine consecutive sessions, reaching their highest levels since August 2020.
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.
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.