Tag: gold trading

Gold price is flashing a ‘very good sign’ – Peter Hug

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Post date September 18, 2020

Silver and gold rates have been trading rangebound, however the price patterns recommend that the steels are presently combining as well as are ready to see the next step, claimed Peter Hug, worldwide trading director of Kitco Metals.

" The truth that people are not marketing right into a market that isn't as mad as it was a month or six weeks ago suggests to me that this market is establishing for the next leg higher once we survive this loan consolidation phase," Hug told Kitco News on Wednesday.
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Kitco Information is the world's # 1 resource of steels market information. Our videos include meetings with popular industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

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Real-time gold rate as well as graphes:.
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Disclaimer: Video clips are not trading recommendations and the sights shared might not show those of Kitco Metals Inc
.

Kitco News

Ignore the noise, this is a race to the bottom – Peter Hug

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Post date September 4, 2020

With holidays and households getting ready for the fall, there are not that many traders, which results in all type of volatility, said Peter Hug, head of Kitco's rare-earth element department.

Hug spoke to Kitco Information on Wednesday when October gold futures traded down $35.40 to $1,935.40.

" During the last week of August, leading up to Labor Day, trading has a tendency to be really, very slim. Great deals of people are arranging their children for institution as well as attempting to take advantage of the recently of [unofficial] summer season. It does not take a whole lot to relocate the marketplaces," said Hug.

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Kitco News is the globe's # 1 resource of metals market details. Our video clips include meetings with famous industry numbers to bring you market-affecting understandings, with the objective helpful people make educated financial investment decisions.

Subscribe to our channel to keep up to day on the latest insights relocating the steels markets.

For more breaking news, check out

Live gold price and also charts:.
Live silver rate as well as charts:.

Don't neglect to sign up for Kitco Information' Weekly Roundup– comes out every Friday to evaluate the hottest stories & video clips of the week:.

Sign up with the discussion @ The Kitco Forums as well as belong to the premier on-line neighborhood for rare-earth elements financiers:.

Please note: Videos are not trading guidance as well as the views expressed may not mirror those of Kitco Metals Inc
.

Kitco News

Jackson Hole: big dollar moves expected; sell gold now or hold?

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Post date August 25, 2020

The yearly Jackson Opening Symposium, an event of main lenders, economists, and banks, will certainly see its very first digital conference today, and will likely establish the tone for further U.S. dollar devaluation, claimed Gary Wagner, editor of TheGoldForecast.com.

" When you've obtained every one of the major reserve banks obtaining with each other, they acknowledge the demand for a long-term plan rather than what's the economy mosting likely to look like next year, they're really keeping an eye out at the next decade. What that tells me is that they recognize that the crisis we're in is not going to be resolved overnight therefore that's what's so critically crucial," Wagner told Kitco Information. "I believe that it can have a destructive result on the UNITED STATE buck. If it does, we will see gold remove which will certainly indicate the bottom of this recent [gold cost] improvement."
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Kitco News is the world's # 1 source of steels market details. Our videos feature meetings with noticeable sector numbers to bring you market-affecting insights, with the objective of helping individuals make educated investment decisions.

Subscribe to our channel to keep up to date on the current understandings relocating the steels markets.

For more breaking information, see

Live gold cost as well as graphes:.
Live silver price and graphes:.

Do not forget to enroll in Kitco Information' Weekly Roundup– appears every Friday to evaluate the best tales & videos of the week:.

Sign up with the conversation @ The Kitco Forums and also belong to the premier on-line area for precious metals investors:.

Please note: Videos are not trading guidance and also the views revealed might not reflect those of Kitco Metals Inc
.

Kitco News

You can’t call this market normal – Peter Hug

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Post date August 21, 2020

Regarding the sharp sell on Wednesday, Hug lays the blame on lots of lengthy placements that required lightening in advance of the Fed announcement.

" They were simply seeing to it that if the Fed claimed something different … they would be able to take some money off the table. And I assume that created the selling today," said Peter Hug, head of Kitco's precious metal department.
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Kitco Information is the world's # 1 source of metals market details. Our videos include meetings with noticeable market numbers to bring you market-affecting insights, with the goal of helping individuals make notified investment choices.

For more breaking news, go to

Online gold price as well as charts:.
Live silver cost as well as charts:.

Don't forget to enroll in Kitco News' Weekly Roundup– appears every Friday to summarize the hottest stories & video clips of the week:.

Join the conversation @ The Kitco Forums and also become part of the premier on-line area for precious metals financiers:.

Please note: Video clips are not trading advice as well as the views expressed might not reflect those of Kitco Metals Inc
.

Kitco News

Gold and silver ran up a little too quickly, said Kitco’s precious metal division head, Peter Hug.

Post author By
Post date August 15, 2020

In an interview on Wednesday, Hug kept in mind that precious metals costs were over-extended after both steels had sensational runs. In the past weeks, gold hit a record high and also silver attained a multi-year high.

" Silver added to $30. Gold added to nearly $2,100– all a little as well swiftly in my point of view," stated Hug. "That's when the profit-taking embeded in. It was simply a really tiny door with everybody attempting to get out. And then as the market relocated lower, people that were in at higher prices were getting margin hire the mid-day, which simply accelerated the relocation."
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Kitco News is the world's # 1 resource of steels market information. Our video clips include interviews with noticeable sector numbers to bring you market-affecting insights, with the objective of helping people make educated financial investment choices.

Subscribe to our channel to keep up to day on the most recent insights moving the steels markets.

For even more breaking news, see

Real-time gold price as well as graphes:.
Live silver price as well as graphes:.

Do not forget to register for Kitco Information' Weekly Summary– appears every Friday to wrap up the hottest stories & video clips of the week:.

Join the conversation @ The Kitco Forums as well as belong to the premier on the internet neighborhood for rare-earth elements financiers:.

Please note: Videos are not trading guidance and also the views shared might not show those of Kitco Metals Inc
.

Kitco News

Gold price to break record by year-end; bullion premiums normalizing – Peter Hug

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Post date June 18, 2020

Gold rates might see 2011 highs of $1,920 an ounce or greater, claimed Peter Hug, international trading director of Kitco Metals, that noted that a full economic recovery won't appear up until later following year.

On the other hand, bullion premiums have stabilized.

Pandemic fears are still far from over, Hug said. In this interview he discusses the risks to equities that still linger in the economy, and also needs to one more modification occur for threat possessions, gold may be taken down with supplies prior to another rally were to happen.
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Kitco News is the world's # 1 resource of metals market details. Our video clips feature interviews with noticeable industry numbers to bring you market-affecting understandings, with the objective of helping people make notified financial investment choices.

Subscribe to our network to keep up to date on the most up to date understandings moving the metals markets.

For more breaking information, visit

Live gold cost as well as charts:.
Live silver rate and charts:.

Don't forget to register for Kitco Information' Weekly Roundup– comes out every Friday to evaluate the most popular tales & videos of the week:.

Join the conversation @ The Kitco Forums and also become part of the premier on-line area for precious metals capitalists:.

Please note: Video clips are not trading recommendations as well as the sights shared might not show those of Kitco Metals Inc
.

Kitco News

That gold-silver ratio will widen even more warns analyst

Post author By
Post date February 13, 2020

Gold and silver will both ultimately relocate a lot greater, yet in the short-term, metals will certainly follow their trajectory, suggesting gold will relocate higher as well as silver will certainly lag, this according to Todd "Bubba" Horwitz of BubbaTrading.com.

" Right now, silver is in a temporary downtrend … both gold and silver surged to highs and ever since, they've both come down. The distinction is gold located some assistance around $1,560 April futures but is holding, as well as silver is proceeding that descending trajectory," Horwitz told Kitco Information.
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Kitco Information is the world's # 1 source of metals market info. Our video clips include meetings with noticeable market figures to bring you market-affecting insights, with the goal of helping people make informed financial investment choices.

Subscribe to our network to stay up to date on the most recent understandings moving the steels markets.

For even more breaking news, visit

Live gold rate and also charts:.
Live silver price as well as charts:.

Do not neglect to sign up for Kitco News' Weekly Summary– comes out every Friday to wrap up the most popular stories & videos of the week:.

Sign up with the conversation @ The Kitco Forums as well as be part of the premier on the internet area for precious metals financiers:.

Please note: Video clips are not trading recommendations and also the sights revealed may not mirror those of Kitco Metals Inc
.

Kitco News

Gold prices on tipping scale, these are the critical levels to watch says Peter Hug

Post author By
Post date February 12, 2020

Gold prices have hit an important crossroads, with macroeconomic pressures positioned to pull the yellow steel in either instructions, this according to Peter Hug, Global Trading Director of Kitco Metals.

" I assume in the short-term, gold is a tough metal to call at these levels now. I don't assume the Fed is going to go down prices in the short-term but I do believe that there might be various other risks to the Fed policy which would obviously be if the U.S. stock exchange started to sell off," Hug informed Kitco News.
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Kitco News is the globe's # 1 source of metals market details. Our video clips include meetings with popular sector numbers to bring you market-affecting understandings, with the objective helpful people make educated financial investment choices.

For even more breaking news, browse through

Real-time gold cost as well as graphes:.
Live silver cost and graphes:.

Do not neglect to sign up for Kitco Information' Weekly Summary– appears every Friday to wrap up the hottest tales & video clips of the week:.

Join the discussion @ The Kitco Forums and belong to the premier on the internet neighborhood for precious metals capitalists:.

Disclaimer: Video clips are not trading guidance and also the sights shared may not show those of Kitco Metals Inc
.