Tag: peter hug

Peter Hug: Gold, silver prices bounce off support, can rally last?

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Post date December 2, 2020

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 up with this rally.

Equities also saw a bounce. Hug said that broach a new round of financial stimulation is adding fuel to the risk-on sentiment while driving cash to precious metals at the same time.

The UNITED STATE dollar compromised on the trading session.
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Kitco Information is the globe's # 1 resource of steels market info. Our video clips feature interviews with noticeable sector numbers to bring you market-affecting insights, with the goal helpful individuals make educated investment decisions.

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Please note: Video clips are not trading recommendations and also the views revealed might not reflect those of Kitco Metals Inc
.

Kitco News

Gold rebounds, but should traders stay bullish? Peter Hug talks strategy

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Post date October 31, 2020

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 from danger possessions based upon one trading session, stated Peter Hug, worldwide trading director of Kitco Metals.

Hug recommends investors to stay flat entering into the November 3 election, while capitalists must not be liquidating their positions now and focus on the lasting fundamentals.

0:00 – Gold price activity and also trading
4:30 – Monetary policy
9:00 – Gold returning as safe house?
10:24 – UNITED STATE buck
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Kitco Information is the globe's # 1 source of steels market info. Our videos include meetings with prominent sector numbers to bring you market-affecting insights, with the objective helpful individuals make informed investment decisions.

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

For more breaking information, visit

Online gold price and charts:.
Live silver rate and also charts:.

Do not fail to remember to sign up for Kitco Information' Weekly Summary– appears every Friday to wrap up the hottest stories & videos of the week:.

Join the conversation @ The Kitco Forums as well as belong to the premier on the internet community for precious metals capitalists:.

Disclaimer: Video clips are not trading recommendations and also the views expressed may not mirror those of Kitco Metals Inc
.

Kitco News

Gold price not ‘suppressed’ by spoofing and manipulation, here’s why

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Post date October 10, 2020

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 trading supervisor of Kitco Metals.

" It does misshape rates on a temporary basis, yet does it materially injured a retail investor on a longer trend? If the marketplace is on a drop, it will certainly remain in that drop. If the marketplace remains in an uptrend, it will certainly remain in that uptrend," he said.
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Kitco News is the globe's # 1 resource of steels market information. Our video clips include interviews with popular market figures to bring you market-affecting understandings, with the goal of helping individuals make informed financial investment decisions.

For even more breaking information, browse through

Online gold cost and also charts:.
Live silver rate and charts:.

Don't fail to remember to enroll in Kitco Information' Weekly Summary– appears every Friday to evaluate the hottest stories & videos of the week:.

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

Disclaimer: Videos are not trading advice and also the views expressed might not mirror those of Kitco Metals Inc
.

Kitco News

Stimulus uncertainty; how to trade gold in ‘difficult’ market – Peter Hug

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Post date October 9, 2020

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 much stimulation might be introduced before the governmental political election, prices have actually seen big moves in both instructions in a really brief amount of time.

On a tool to longer-term basis, "holding a core placement in metals makes outright feeling. I would not liquidate your metals holdings placements if you are a financier. It develops part of a balanced portfolio," said Peter Hug, international trading supervisor of Kitco Metals.
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Kitco Information is the globe's # 1 resource of steels market information. Our videos feature interviews with prominent sector figures to bring you market-affecting insights, with the goal of helping individuals make informed investment decisions.

For more breaking news, check out

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

Do not forget to enroll in Kitco Information' Weekly Roundup– appears every Friday to wrap up the best stories & video clips of the week:.

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

Disclaimer: Videos are not trading suggestions and the sights revealed may not mirror 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

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

Post author By
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

Gold, silver coin crunch is not getting better – Peter Hug

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Post date April 17, 2020

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, this according to Peter Hug, worldwide trading director for Kitco Metals.

However, in some excellent information for investors, Hug stated that financiers holding bullion have a bit even more marketing power, in the existing environment. "Dealers will pay up for physical material so they have something in their supply to fulfill demand," he claimed.

" I'm not recommending you offer, however if you're in a situation where you're trying to raise cash, this would certainly be a time to negotiate a quote with the dealership." Although Hug claimed that he is favorable on gold, since costs are so high, it might not be a fun time to chase after physical bullion.

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Kitco Information is the globe's # 1 resource of steels market info. Our video clips include meetings with noticeable sector numbers to bring you market-affecting insights, with the goal helpful people make notified investment decisions.

For more breaking news, go to

Live gold price and also graphes:.
Live silver price and charts:.

Do not fail to remember to enroll in Kitco Information' Weekly Roundup– appears every Friday to summarize the best stories & video clips of the week:.

Sign up with the conversation @ The Kitco Forums and also belong to the premier on the internet community for rare-earth elements investors:.

Disclaimer: Videos are not trading suggestions and the sights shared might not reflect those of Kitco Metals Inc
.

Kitco News

Silver price premiums: when to draw the line? Peter Hug comments

Post author By
Post date April 4, 2020

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 prior to the pandemic, this according to Peter Hug, global trading supervisor of Kitco Information.

" The dealers are arguing it's a supply and demand problem, and regarding the old stating goes, you make hay when the sun is beaming," Hug informed Kitco Information. "The big wholesalers make relatively incidental spreads on Eagles, both silver and gold."

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Kitco Information is the world's # 1 resource of steels market details. Our videos feature meetings with prominent industry figures to bring you market-affecting insights, with the goal of helping people make educated financial investment choices.

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

For even more breaking information, browse through

Online gold cost and charts:.
Live silver price and graphes:.

Do not fail to remember to register for Kitco Information' Weekly Roundup– appears every Friday to recap the most popular tales & video clips of the week:.

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

Please note: Videos are not trading advice and also the views shared may not mirror those of Kitco Metals Inc
.