PBoC buys gold for 18th straight month, but April also marked second month of sharply lower purchases – Kitco NEWS
(Kitco News) – The People’s Bank of China (PBoC) added to its bullion reserves for the 18th consecutive month, but April was the second consecutive month of dramatic volume declines, leading to record high prices. suggests that it may finally be updated. Exacerbating central bank gold worries. The amount of gold purchased by the People’s […]
Gold prices steady with rate cuts, M.East peace talks in focus – Investing.com
Investing.com — Gold prices fell slightly in Asian trading on Tuesday as rising unrest in the Middle East provided limited support, but the focus remained on potential interest rate cuts from the Federal Reserve. Gold prices rose on Monday after Israel launched a series of attacks on Rafah in southern Gaza, a move that complicated […]
Gold prices rise tracking dollar weakness as weak payrolls put rate cuts in focus – Investing.com
Investing.com — In Asian trading on Monday, weaker-than-expected U.S. jobs data led traders to increase bets on an eventual interest rate cut by the Federal Reserve, taking advantage of recent dollar weakness. Gold prices rose in Asian trading on Monday. However, gold’s gains were capped as Friday’s economic data prompted investors to move money into […]
James Earl Jones nominated for Congressional Gold Medal on May the 4th
You don’t know the power of the dark side. Republican Rep. Mike Lawler introduced a bill Saturday that would award the Congressional Gold Medal to James Earl Jones, a voter in New York’s 17th Congressional District known for his booming voice as Darth Vader in the “Star Wars” movies. did. “James Earl Jones broke racial […]
Gold market analysis for May 3 – key intra-day price entry levels for active traders – Kitco NEWS
(Kitco News) – This 5-minute bar chart for Comex Gold Futures is a valuable analysis and trading tool for intraday gold futures traders and market watchers. Indicates potential buy and sell price entry points based on key short-term technical support and resistance levels. (Remember, most successful traders buy on initial price strength and sell on […]
Gold prices tread water as rate fears grow ahead of nonfarm payrolls – Investing.com
Investing.com — Gold prices were little moved in Asian trading on Friday as markets continued to dislike the yellow metal ahead of important U.S. jobs data, but the prospect of higher interest rates for an extended period of time pushed gold lower for the week. It is expected to decline. The yellow metal had tumbled […]
North Carolina brother David Atwell wins $800K lottery after his sister dreams about finding ‘a bunch of gold’
A North Carolina man won more than $800,000 in the lottery after his sister told him she dreamed of being rich. David Atwell of Kannapolis won $837,187 in Saturday night’s drawing with a Cash 5 on a $1 ticket he bought at his local Jiffy Kwik. North Carolina Education Lottery announced. “I was surprised,” he […]
Gold Technical Analysis – Chances of a big correction increase – ForexLive
Israel’s retaliation marks a high for gold as geopolitical risks recede and markets catch up with rising US real yields. The trend may be reversing, and several important technical breaks are coming together, increasing the likelihood of a downside correction. Looking ahead, bears will need to watch for continued strength in U.S. economic data, as […]
gold etfs, bonds, inflation, the fed
George Noble, managing partner at Noble Capital Advisors, tells investors why they should avoid bonds to “make money.” As government spending fluctuates and inflation remains high, investors should consider using exchange-traded funds (ETFs) to select gold and reduce bond exposure. “You need to hedge against inflation in your portfolio. If you want to buy gold […]
‘Seinfeld’ set stage for sitcom gold in NYC diner, tourists still flock to eateries that played a part
The seminal sitcom “Seinfeld” celebrated the central role diners play in New York City’s social fabric during its 10-season hilarious romp through American pop culture. “You’d be hard-pressed to find a year in American television or film that doesn’t feature at least one scene set in a diner,” Ed Levine wrote for Serious Eats in […]