Peter Hug: Gold, silver prices bounce off support, can rally last?
Gold rose 2% on Monday, with silver up 5.5% on the trading session. Peter Hug, international trading director of Kitco News, said that basics line […]
peter hug
Gold rebounds, but should traders stay bullish? Peter Hug talks strategy
Gold has rebounded on Friday, up 0.56% since 2:00 pm EST, while equities indices are falling. Investors should not think, however, that gold is decoupling […]
Gold price not ‘suppressed’ by spoofing and manipulation, here’s why
Control of the markets via spoofing distorts prices on a temporary basis, however has really little effect on the long-lasting fads, stated Peter Hug, global […]
Stimulus uncertainty; how to trade gold in ‘difficult’ market – Peter Hug
Both the precious metals as well as securities market have actually seen an unstable week. Taking signs from the White Home's tips on just how […]
Ignore the noise, this is a race to the bottom – Peter Hug
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, […]
You can’t call this market normal – Peter Hug
Regarding the sharp sell on Wednesday, Hug lays the blame on lots of lengthy placements that required lightening in advance of the Fed announcement. " […]
Gold and silver ran up a little too quickly, said Kitco’s precious metal division head, Peter Hug.
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 price to break record by year-end; bullion premiums normalizing – Peter Hug
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 […]
Gold, silver coin crunch is not getting better – Peter Hug
Bullion capitalists should not anticipate to see a drop in costs anytime soon as the supply crisis for silver and gold coins remains to grow, […]
Silver price premiums: when to draw the line? Peter Hug comments
A lack of silver as well as gold coins has actually created suppliers to boost the costs charged to several times what they were making […]