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Archive: October 2017

Six Reasons Why Bitcoin Will ‘Never’ Replace Gold – Analyst

(Kitco News) – Cryptocurrencies like bitcoin continue to make new highs while hurting commodities, especially one asset class with a long history — gold. The ongoing debate in the financial …

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Gold is Heading To $1,400, Just Wait & See – ABN Amro

(Kitco News) – Long-term outlook for gold remains positive, despite the yellow metal trading near three-week lows on Thursday, said ABN Amro. The reason is the U.S. dollar, which the …

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Gold Prices Down As Greenback Rallies, Euro Hammered

(Kitco News) – Gold prices were ending the U.S. day session lower, near the session low, and hit a three-week low Thursday. Gold and silver prices saw pressure from a …

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FOREX-Euro hits 6-day high as U.S. yields fall; kiwi drops most in a year

NEW YORK, Oct 19 (Reuters) – The euro climbed to the highest in nearly a week on Thursday as U.S. Treasury yields fell, pulling back from a two-year high, with …

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Gold, Silver Up As Greenback, Stocks Sell Off

(Kitco News) – Gold and silver prices ended the U.S. day session higher Thursday, on a corrective bounce from selling pressure seen earlier this week. A weaker U.S. dollar index …

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The Dollar Won’t Drive Gold In 2018, This Will…

When talking gold prices, analysts are quick to point to the U.S. dollar given their historically inverse correlation. However, one analyst is looking at stock markets to give his 2018 …

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Weak US Dollar Boosts Gold, Silver Prices

(Kitco News) – Gold and silver prices ended the U.S. day session higher and hit two-week highs Tuesday. Gold bulls are once again knocking on the door of the key …

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Diamonds Or Gold: Which Makes A Better Safe-Haven?

Are diamonds the new safe-haven hedge against volatility? This Singapore’s exchange thinks so. Singapore Diamond Investment Exchange (SDiX) has introduced a credit card-sized package of diamonds for those risk-off investors …

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Switzerland Waste Water Worth $3.4 Million In Gold, Silver

Switzerland is awash in gold and silver, so much so that they are flushing the precious metal down the toilet. Image courtesy of Eawag: Swiss scientists say that $3.4 million …

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