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In the midst of a chaotic news cycle, the SPDR Gold Trust (NYSEARCA:GLD) is trading at $468.24 as of Tuesday morning, down 1.37% over the past week, even as it sits 18.12% higher year-to-date.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Stock News Wall Street whipsawed by Mideast turmoil: The SPDR S&P 500 ETF Trust (SPY) fell Tuesday, then futures steadied as oil volatility and safeâhaven flo
Global portfolio strategist James Kostohryz explains why the US-Israel conflict with Iran is likely to be prolonged, posing underestimated risks to global markets and oil supply. A sustained oil shock could drive Brent above $100–$200, triggering recession and S&P 500 declines; current market pricing is complacent.
Gold rose on possible dip-buying, after front-month futures fell overnight as the dollar strengthened and worries over inflation emerged.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Guru Stock PicksKen Fisher has made the following transactions:Reduce in DEO by 23.8%Sold out in VSHAdd in AMKR by 204.55%New position in BROChuck Royce has mad
Gold triggered a bearish wedge reversal, testing key support at the 50-day moving average, while sellers regain control and upside remains capped near $5,419.
Intensifying conflict in the Middle East is driving stocks, bonds and even some safe-haven assets lower on Tuesday.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Investing in gold and silver comes with a bit more risk and uncertainty these days. The gold-silver ratio can offer hints as to which metal may be likely to rise.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Middle East tensions are wreaking havoc, with traditional safe havens not providing much protection.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.