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 price forecast: Fed rate cuts and inflation data shape the gold market. Will gold sustain its gains or face resistance at $2,500?
Gold prices hold steady above $2,512 as the bullish trend persists, despite the US Dollar gaining strength. Will gold break past $2,539 resistance?
Koloma, a U.S.-based startup backed by billionaires Bill Gates and Jeff Bezos, says it wants to use expertise that has traditionally served the fossil fuel industry to power a global gold rush for buried hydrogen. Geologic hydrogen — sometimes known as white, gold or natural hydrogen — refers to hydrogen gas that is found in its natural form beneath Earth's surface.
Gold continues testing resistance near 2,532. A sharp breakout is possible, with targets at 2,566, but failure to hold key support at 2,449 raises downside risks.
Pan African Resources PLC (AIM:PAF, OTCQX:PAFRY, JSE:PAN, OTCQX:PAFRF) CEO Cobus Loots tells Proactive that tailwinds are building behind the gold miner helped by the record gold price. Cobus Loots: The gold price definitely is a tailwind to this point.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
U.S. dollar rebounded from session lows, putting pressure on gold markets.
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.
The gold market has been noisy on Wednesday, as we are reacting to the CPI numbers coming out hotter than expected. Because of this, traders jumped back into the US dollar, but at the end of the day, the markets continued to see a lot of questions asked of it.