Gold surges toward all-time high, silver ends at highest since 2013 as U.S.-China tensions mount

Gold surges toward all-time high, silver ends at highest since 2013 as U.S.-China tensions mount

Gold and silver rose further Wednesday, with silver ending at its highest since 2013, getting a boost after China said the U.S. had ordered it to close its Houston consulate, marking a further climb in tensions between the two countries and sparking demand for haven assets.
July 23, 2020 0 Comments
Gold Price: Wall Street Banks Expect Record Highs While New Stimulus Bill Negotiations Begin

Gold Price: Wall Street Banks Expect Record Highs While New Stimulus Bill Negotiations Begin

Citibank thinks the spot gold prices can touch the record high against the dollar. The bank feels that in the coming 6-9 months, we will see the gold price reaching a new record high. Citibank isn’t the only major Wall Street bank that holds a bullish view on bullion. Goldman Sachs GS +0.5% and a few other banks also believe that the spot gold price is going to...
July 20, 2020 0 Comments
Silver Prepares for What Can Be an Epic Move

Silver Prepares for What Can Be an Epic Move

Summary New lows in Q1 to new highs in Q2. Waiting for gold to break to new highs? The 2016 peak is a key. Silver has lots of potential. Junior mining shares send a signal- SILJ. Looking for more stock ideas like this one? Get them exclusively at Hecht Commodity Report. Get started today »
July 17, 2020 0 Comments
Gold Climbs Above $1,800 For The First Time Since 2011

Gold Climbs Above $1,800 For The First Time Since 2011

Goldman Sachs said gold could climb to a record $2,000 an ounce over the next 12 months, while JPMorgan Chase & Co. recommended investors stick with bullion.
June 30, 2020 0 Comments

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