Tag: Gold Continuous Contract

Gold struggles to hold above $1,800 as traders look ahead to Fed meeting

Gold futures wavered between small gains and losses on Monday holding around the key $1,800 mark, finding some support as the U.S. dollar softened, as...

Gold heads for highest finish in nearly a month as Powell says inflation will moderate

Gold futures headed toward their highest finish in nearly a month on Wednesday, with prices up for a second session. Softness in the U.S. dollar...

Gold logs back-to-back gains to start July, second half of 2021

Gold futures finished higher Thursday, supported by opportunistic buying and an unwind of short bets overnight, amid a rise in the dollar to a three-month...

Gold prices finish higher after sharpest weekly skid in over a year

Gold futures ended higher Monday, with the precious metal scoring a partial rebound from its steepest weekly decline since March 2020. Bullion’s gains came as...

A ‘bloody crypto’ Memorial Day weekend? Some bitcoin bulls are dreading the long U.S. holiday break

Bullish investors in bitcoin aren’t all jazzed about the long U.S. Memorial Day holiday weekend ahead. The sun, the fresh air, barbecues, the first major...

Dogecoin nears 75 cents, then slips as crypto pioneer Silbert seen betting against parody coin ahead of Elon Musk’s ‘SNL’ guest-host gig

Call it the “dogefather” versus the godfather of crypto. Barry Silbert, a power player in the digital-asset sector, said he’s betting against dogecoin DOGEUSD, -7.59%...

Coinbase rival Binance’s coin and Dogecoin are surging ahead of pivotal IPO… Here’s why

Crypto prices were surging on Wednesday as investors watched for the U.S. hotly anticipated debut of Coinbase Global COIN, later in the session. Popular crypto...

Why gold’s biggest quarterly drop in 4 years doesn’t mark the end of its bull cycle

After suffering its biggest quarterly loss since 2016, gold stands as one of the few commodities trading lower this year, but prices still have room to run higher even if...

‘Obviously, we had no idea it was going to get here,’ say the guys who made the first NFT

NFTs, or non-fungible tokens, are taking the digital world by storm — and raising fresh concerns about asset bubbles — more than three years after...

Bitcoin’s 2021 rally is minting thousands of crypto ‘diamond hands’ millionaires

The recent rise of bitcoin toward all-time highs is creating millionaires, on paper, at a fairly rapid clip, according to data from BitInfoCharts. At last...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

U.S. stocks close lower for the week after release of big bank quarterly results, Biden aid plan

U.S. stock benchmarks closed the week on a down note Friday, with the three major indexes registering their largest one week drop since October 30,...

Bitcoin sees bear-market skid — living up to its reputation for seismic price swings

Bitcoin prices entered bear-market territory over the weekend, typically defined as a decline from a recent peak of at least 20%. Stop us if you’ve...

Bitcoin price plunges over 10% to stage Thanksgiving correction

Bitcoin prices tumbled Thanksgiving Thursday, with the No.1 cryptocurrency, pulling back sharply just at it was on the verge of notching its first all-time high...

Gold prices inch higher to halt skid, but mark first back-to-back weekly fall since March

Gold futures eked out a tiny gain on Friday to halt a third consecutive slide, but the precious metal’s advance for the day wasn’t sufficient...

Gold prices edge higher but march to $2,000 hamstrung by rising dollar

Gold futures were trading near break-even levels to slightly higher on Tuesday, with a renewed buoyancy in the U.S. dollar capping the precious metal’s gains...

How negative interest rates help gold act like a ‘risk-on’ asset as it pushes toward all-time high

Gold is traditionally thought of as a haven asset — a safe port in a storm. But that hasn’t stopped it from rising to a...

Don’t look now—much-maligned bitcoin is outperforming gold and bullish investors are eyeing $10,000 and beyond

Bitcoin is on the rise lately amid the coronavirus pandemic that has rocked financial markets world-wide. The world’s most prominent digital currency has been enjoying...

Gold timers have now turned bullish, so don’t look for the metal to shine

The gold-timing community has become exceedingly bullish, and contrarian investors know that excessive bullishness is a bad short-term omen. Consider the average recommended gold GC00,...

Human ingenuity will solve the coronavirus, but I’m worried we might screw up everything else

It is very, very hard to be short human ingenuity. For example, when you buy commodities, you are betting, partially, that people will be incompetent...