Latest Gold Headlines
GOLD STOCKS TO WATCH
A look at the relationship between real bond yields and the price of bullion, with Andrew McCreath, president and CEO of Forge First Asset Management.
McCreath: The best days for gold are over
President and CEO of Forge First Asset Management discusses why he isn't bullish on gold and the latest moves in Coinbase's stock.
Gold hits seven-week high on weaker bond yields and dollar
Gold climbed to the highest since February amid a retreat in bond yields and a report that top buyer China may import more of the metal.
Kristina Hooper, chief global market strategist for Invesco, tells BNN Bloomberg that Bitcoin's growing popularity has increased it's correlation to the movements of indices like the S&P, removing some of it's diversification value. She adds that Bitcoin may soon become an ESG taboo due to how much energy it consumes. She recommends investors re-allocate some holdings into other cryptocurrencies and into gold.
When gold names stop moving down on bad news, you've found a bottom: John Zechner
John Zechner, chairman and founder of J. Zechner Associates says he's taking some money out of volatile names in growth and tech and adding to positions in gold to help hedge against future shocks after the Q1 earnings optimism ends.
Gold gains after dovish Fed minutes lift equities, weaken dollar
Gold rose as the dollar weakened after dovish rhetoric from the Federal Reserve, which gave no indication a tightening of monetary policy was imminent.
Bill Baruch, president at Blue Line Futures joins BNN Bloomberg to discuss what he has been tracking in commodities lately and what he expects for the week ahead. He said he is bullish on oil once it can work through lockdown threats and an uptick in production.
Money is flowing out of gold and into the stock market: CPM Group managing partner
Jeffrey Christian, managing partner at CPM Group, joins BNN Bloomberg to discuss why Gold prices have been under pressure during the start of 2021. He notes the stock market, and not interest in bitcoin, is driving this move.
Americas Gold and Silver Corp. is 'optimistic' of end ahead in Mexican standoff
Americas Gold and Silver Corp.’s top executive said he’s optimistic a dispute that has shuttered one of its mines in Mexico for about 14 months can be resolved through meetings with Mexican federal cabinet ministers this week.
Oil trading at over $50 a barrel acts as a tax on inflation: Ira Epstein
Ira Epstein, director of Ira Epstein Division of Linn and Associates, joins BNN Bloomberg for a look at commodities in the trading week ahead. He says higher oil prices is a barrier to inflation and argues the level at which crude is trading right now is fair.