The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.
At the same time, silver is seeing some significant selling pressure as prices were unable to hold critical psychological support above $23.50 an ounce. Silver prices last traded at $23.110 an ounce. With gold going nowhere anytime soon, some analysts have said that silver is the key metal to watch in the precious metals space.
Although gold is stuck in a range, some analysts have said it is not an asset you want to dismiss entirely. James Hyerczyk, market analyst at FXempire.com, said that the precious metal remains an important safe-haven asset as further chaos in the Middle East is increasing geopolitical uncertainty. Fred Hickey, creator of the The High-Tech Strategist investment newsletter, pointed out in a social media post that gold’s rally started Sunday evening after Asian markets opened. Chinese markets were closed all last week for Lunar New Year celebrations.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kitco Mining to announce the Mining CEO Of The Year 2023 at PDACThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
UK-listed RMAU has half of its holdings in recycled goldThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Gold price weaker amid bearish outside market forcesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Bitcoin blast through 50k, altcoins a sea of green, equities mixed in Monday tradingThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Gold declines sharply as higher-than-expected CPI leads to dollar strengthThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »
Higher-for-longer interest rates mean lower-for-longer gold and silver pricesThe Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.
Read more »