Bricks Archives - Page 24 of 33

December 11, 2023490Views 0Likes 0Comments

Gold bull market is just getting started, silver has even greater upside, and Bitcoin ETFs will flop – Peter Schiff

While gold has backed well off the all-time highs it set two days ago and Bitcoin has stolen the spotlight, the real bull market for gold and silver is only just beginning, according to Peter Schiff, founder of Schiff Gold and Chief Market Strategist of Euro Pacific Asset Management. “A lot of people are taking this to mean…

Dollar Gold

December 8, 2023580Views 0Likes 0Comments

What record high gold prices mean for markets

Gold hits new high Gold prices have soared to record highs this month, with futures trading above $2,100/oz for the second time in history and even reaching $2,150 in intraday trading to mark the highest price in recorded history. This unprecedented price action in the gold market has significant implications for various financial markets, including stocks,…

Gold Platinum Silver

December 8, 2023548Views 0Likes 0Comments

Gold remains positive as US data favours bets for the end of rate hikes

Gold appreciates as bets of rate cuts in early 2024 extend to most of the major central banks. The cautious market sentiment is providing an additional support to the precious metal Gold price (XAU/USD) keeps a mild buying tone in Thursday’s early European session, with price action approaching the top of the last few days’ trading range. US…

Dollar Gold Silver

December 7, 2023427Views 0Likes 0Comments

Gold Rangebound as Indecision Reigns Pre-NFP, Silver Eyes Support

Gold prices recovered late in the day yesterday before continuing to trickle higher today. Looking at the larger timeframes and the price is caught in a range ahead of US jobs data due tomorrow. Investors appear to be taking a pause ahead of the US jobs report due tomorrow after what can be described as a…

Gold

December 6, 2023333Views 0Likes 0Comments

Gold Price Forecast: XAU/USD drops to $2,020, eyed on US ADP data

Gold price trades in negative territory for the third consecutive day. The US ISM Services PMI exceeded expectations; JOLTS Job Openings declined to their lowest level since March 2021. The negative economic outlook in China might cap gold's upside. US ADP private employment, Unit Labor Cost data will be released on Thursday. Gold price (XAU/USD) loses momentum during the…

Dollar Gold Platinum Silver

December 6, 2023464Views 0Likes 0Comments

Peter Schiff: Gold Price Breaks Record With More to Come

Gold set a new record on Friday and broke it again over the weekend. The spot price went as high as $2,125 in overseas trading Sunday night. In his podcast, Peter Schiff explained why he thinks this bull run is just getting started and gold will go much higher. In fact, Peter said he thought these records…

Platinum

December 6, 2023466Views 0Likes 0Comments

Zimbabwe is paying $400 million Afrexim Bank debt with platinum exports

Zimbabwe is using the funds generated from its platinum exports to repay a $400 million loan from the African Export-Import Bank, as the financially strained nation leverages its mineral wealth to establish lines of credit. The southern African nation’s reliance on its platinum resources to secure borrowing reflects the difficulty Zimbabwe faces in getting loans from…

Gold bull market is just getting started, silver has even greater upside, and Bitcoin ETFs will flop – Peter Schiff

What record high gold prices mean for markets

Gold remains positive as US data favours bets for the end of rate hikes

Gold Rangebound as Indecision Reigns Pre-NFP, Silver Eyes Support

Gold Price Forecast: XAU/USD drops to $2,020, eyed on US ADP data

Peter Schiff: Gold Price Breaks Record With More to Come

Zimbabwe is paying $400 million Afrexim Bank debt with platinum exports

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