Gold
Gold ETFs will face money flowing out in 2021
Investing in gold ETFs is likely to decline next year, according to Citi, which is revising its gold price forecast downward for 2021. Net inflows into gold ETFs are projected to hit 800 tons in 2020, which is 75 tons less than originally estimated. Plus, …
Gold Price is still lingering around the 1,800 Dollar mark
The red-hot housing market appears to be cooling off as fewer American consumers started buying a home in the past month, according to the latest data from the National Association of Realtors (NAR). On Monday, the NAR announced that its October home sales …
This is how to react to the current gold price dip
2020 was a banner year for many markets. For most of the year, gold was the undisputed big winner. However, in the past few weeks the yellow metal has seen a major setback that has brought it back into an attractive zone that could be a good entry point for …
Gold slides under the 1,800 Dollar mark
Spot gold (XAUUSD: CUR, -1.4%) falls to around $ 1,785 / oz. and has thus reached its lowest level in around four months. The $ 1,800 level had served as support this week, with prices falling more than 8% since recovery trading began on November 6 with …
Has the Gold Price finally lost its momentum
This year turned out to be a dream for gold speculators and investors after the yellow metal surged and hit historic highs thanks to a perfect storm of a global pandemic, massive government stimulus packages, a weakening dollar and a bull run in stock markets …
Oriole and IAMGOLD resume works at Senala
Oriole Resources (AIM: ORR) said Monday that its joint venture partner, IAMGOLD Corporation, will shortly resume its 10,000 meter air core drilling campaign at the Senala project in Senegal. Before the seasonal rains, IAMGOLD had already completed 1,300m of AC …
New Found Gold is the new hope for Gold Investors
Loyal 321gold readers and Novo shareholders know very well that I am writing a book about the Novo saga. I plan to release it on the day Novo makes the first gold casting, which is now scheduled for the first half of February 2021. While speaking with Quinton …
Gold prices are back on track
After a very hectic start to the week, gold rebounded from the consolidation lows of $ 1,850.62 an ounce after falling 5.46% during yesterday's session. This morning the precious metal traded 1.23% higher after Pfizer / BioNTech news on vaccines set off the …
What Would Biden's Election Win Mean for Gold Stocks?
With the US presidential election finally drawing to a close, investors are now preparing for what effect a potential Biden administration will have on the markets. Gold prices ended Friday’s session with the highest weekly gain since July, signalling that the …
Gold down 100 USD but economic outlook still bad
Gold fell nearly $ 100 on a wild morning on Monday, but so far it has remained at critical support levels after Pfizer and BioNTech announced a potential vaccine against the COVID-19 virus. However, some analysts warn that the selling pressure appears to be …