With so much debt in the U.S., financial markets are entering a new paradigm, where we could see "shocking" tax changes that might involve prohibitions against capital movements to assets.
Gold futures are edging higher late in the session on Monday as counter-trend traders continue to build a support base.
Spot gold rose 0.1% to $1,854.95 per ounce by 0329 GMT, recovering from a 0.9% decline in the previous session. U.S. gold futures eased 0.1% to $1,854.30.
Bitcoin is challenging gold: Gold price outlook is 'no longer overwhelmingly bullish,' says UOB
Gold markets got hammered during the week as we continue to see a lot of money flow into the “risk-on” trade. Gold was ditched and fell below the $1800 level.
TEHRAN (Iran News) – Gold’s record-breaking bull market is facing an existential question after this month’s pharmaceutical breakthroughs: what happens to the rally once Covid-19 vaccines start rolling out? Gold is viewed by many as the archetypal haven asset, inevitably driven higher in times of turmoil. By that logic, a beginning of the end of […]
Monday was just another normal day in the markets, a new vaccine was announced helping the equities explode higher.
Bullish gold investors received a couple of gifts last week – Democrat Joe Biden was elected president of the United States and the U.S. Federal Reserve reiterated their support for the economy.
Iran has made a gold discovery in southeast Sistan and Baluchestan province, where definite reserves of 8 tons of the precious metal have been found, a provincial official says.
Iran currently has 1,000 promising gold prospects which are soon expected to help the precious metal play a role as significant as that of steel in the country’s mining.