Kitco News
(Kitco News) – Gold prices may be struggling the day after the Federal Reserve’s emergency 50-basis-point cut, but according to one market analyst, if history is indication, the yellow metal has plenty of upside.
The post It would be unwise to rule out a move to $2,000 in gold – GraniteShares appeared first on WorldSilverNews.
Yahoo! Finance: SI=F News
Based on the early price action and the current price at 26722, the direction of the March E-mini Dow Jones Industrial Average the rest of the session on Wednesday is likely to be determined by trader reaction to a downtrending Gann angle at 26215 and an uptrending Gann angle at 26211.
The post E-mini Dow Jones Industrial Average (YM) Futures Technical Analysis – Upside Target Remains 27109 – 27683 appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Citing coronavirus fears, De Beers announced Wednesday that rough diamond sales were $355 million, down 40% from the same period a year ago.
The post De Beers rough diamond sales are, well, rough appeared first on WorldSilverNews.
For the past several weeks the gold-silver ratio has stayed around 86-88:1. Since the coronavirus outbreak though, the gold-silver ratio has rocketed to a new record of 95:1.
This is so far out of whack from the historical ratio of 54:1, that silver is on sale.
Ahead of the Herd
On Monday
“”silver price”” – Google News
Silver 1 OZ 999 NY (XAG=X) Prices are Rallying, Where Should Investors Look to Take Profits? Live Trading News
The post Silver 1 OZ 999 NY (XAG=X) Prices are Rallying, Where Should Investors Look to Take Profits? – Live Trading News appeared first on WorldSilverNews.
Kitco News
(Kitco News) – Fed’s surprise rate cut: what happens next to gold prices?
The post Fed’s surprise rate cut: what happens next to gold prices? appeared first on WorldSilverNews.
Kitco News
(Kitco News) – The 10-year Treasury yield dropping below 1% for the first time means that the market thinks the Federal Reserve might not be done easing after an emergency 50 basis point cut, according to analysts.
The post 10-year Treasury yield below 1% means Fed ‘hasn’t gone far enough’ – analysts appeared first on WorldSilverNews.