Traders are pouring into gold ETFs at record pace as trade and inflation worries grow – CNBC
I'm rushing for money on Wall Street. Investors gather at precious metals at a pace they have never seen before. Gold Exchange-Traded Funds last week saw a record high inflow (approximately $4.5 billion, led by SPDR Gold Shares ETF (GLD)), which caused about half of the inflow during stock market sales on Friday, leading to […]
Gold market analysis for February 26 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Inflation Fears Drive Safe-Haven Demand? – FX Empire
In addition to market uncertainty, U.S. consumer confidence fell sharply from 105.3 to 105.3 in February, marking the sharpest decline since August 2021, according to the conference committee. This decline reflects a growing caution among American consumers, which could weaken economic growth and increase the demand for safe inventory assets like gold. Traders are also […]
The technical lines in the sand have shifted in gold – ForexLive
Gold has been in hot form since the beginning of this year, and has been profiting for eight consecutive weeks. This is the first week that winning streak is currently under threat, with gold falling 0.7% per week. It owes yesterday's drop and it's important to be aware of changes in the technical line while […]
Trump Promises $5 Million ‘Gold Cards’ for Foreigners to Buy Citizenship
President Donald Trump says he wants to replace the EB-5 visa program, which sells green cards to wealthy investors, with a higher-cost “gold card” program. “Wealthy people will come to our country by purchasing this card,” he told reporters Tuesday. “They'll be successful, they'll spend a lot of money, pay a lot of taxes, hire […]
Gold posts modest gain amid trade war concerns – FXStreet
Gold prices will rise at Asian session on Wednesday. Trade war concerns among investors benefit gold prices and increase the flow of safe havens. Investors will tighten up new home sales and FedSpeak equipment for the US January later Wednesday. Gold Price (XAU/USD) recovers lost ground after reaching a week's low in the previous session. […]
Trump says US will sell $5M ‘gold cards’ to foreigners: ‘Green card privileges-plus’
WASHINGTON – President Trump announced Tuesday that the US government will soon begin selling a $5 million “gold card” that will tell foreigners about their green card residency status and the path to American citizenship. Repay national debt. “It's like a green card, but it's a higher level of refinement. It's the path to citizenship […]
Gold price tumbles on profit-taking amid falling US yields – FXStreet
Xau/USD traders are booking profits as US Treasury yields drop further. Trump's tariff threat against uncertainty in the Mexican and Canadian fuel markets. The confidence of US consumers is weak, and layoffs cause stag fear. Gold prices plummeted Tuesday during the North American session as traders booked profits amid the US Treasury yields. Greenback also […]
Gold market analysis for February 25 – key intra-day price entry levels for active traders – Kitco NEWS
Jim Wykoff He has been involved in the stocks, finance and commodity markets for over 25 years. He was a financial journalist for FWN Newswire Service for many years. These include stints as a reporter on the commodity futures trading floors of Rough and Tumble in Chicago and New York. As a journalist, he has […]
Gold (XAU) Silver (XAG) Daily Forecast: Will Profit-Taking Trigger a Pullback? – FX Empire
Profit and excessive conditions affect money The key factor behind the modest decline in gold is profitable as the daily chart shows slightly bought conditions. “The rapid rise in gold has made it vulnerable to pullbacks,” said a senior market analyst. Traders unleash some bullish positions as they wait for fresh catalysts, especially US economic […]