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.
Worries about hawkish Fed put pressure on precious metals markets.
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.
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.
Torr Metals (TSX-V:TMET) said it has identified significant copper-gold mineralization at its Kolos Project, supported by robust geophysical anomalies and multiple new exploration targets. The company has zeroed in on a ZTEM geophysical anomaly at the newly-defined Vik Zone.
The noise in the gold market continues, as the market has pulled back just a bit in the early hours of Thursday.
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.
Gold's outlook remains bearish until the Fed signals rate cut timing; XAU/USD is vulnerable until buyers surpass the 50-day moving average.
After reaching 2,342, gold faced resistance at the 50-Day MA, indicating a possible bearish trend.
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.