Tag: US:GC00

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...