Yahoo! Finance: SI=F News
Gold surges higher rising 2.5%
The post Gold Price Prediction – Gold Breaks Out Versus Euro to Fresh 20-year Highs appeared first on WorldSilverNews.
Author: Gold News Club
Yahoo! Finance: SI=F News
The People’s Bank of China has sent one of its strongest signals yet of a commitment to creating a digital national currency.
The post China Will ‘Undoubtedly’ Pursue Digital Yuan, Central Bank Says appeared first on WorldSilverNews.
Silver Price – BingNews
Precious-metals companies were on the rise today, with the stock prices of Fortuna Silver Mines (NYSE:FSM), Harmony Gold (NYSE:HMY), Sibanye Stillwater (NYSE: SBSW), Coeur Mining (NYSE:CDE), and Hecla …
The post Silver and Gold Stocks Soared Today. Now What? appeared first on WorldSilverNews.
Silver and Gold Stocks Soared Today. Now What? The Motley Fool
Silver Price Daily Forecast – Silver Tries To Break Through Major Resistance Level FX Empire
Gold, silver soar as safe-haven buyers gain more confidence Kitco NEWS
Silver Price Forecast – Silver Markets Pressing Major Resistance FX Empire
AFTERNOON UPDATE
Reuters/Sumita Layek/4-6-2020
“Gold prices surged over 2% to a more than three-week high on Monday on expectations of global stimulus measures to counter the economic damage caused by the outbreak of the novel coronavirus. …… ‘Physical demand continues to dominate and support gold prices. Massive amounts of stimulus are effectively diluting currencies so gold demand is coming from all directions,’ said Phil Streible, chief market strategist at Blue Line Futures in Chicago.”
USAGOLD note: Reuters echoes what we reported in this morning’s DMR. We would add simply that the deflation scare is an additional factor pushing demand for physical metal as are the problems in the global oil patch. Even we were surprised at gold’s strength as the trading day wore on. Reuters provides a good overview at the link for those looking to catch up on what’s driving the gold price.
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