Tag: silver bullion

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.

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.

Kitco News

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

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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.

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Real-time gold price as well as graphes:.
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Please note: Videos are not trading guidance and also the views shared might not show those of Kitco Metals Inc
.

Kitco News

Tight silver market is only going to get worse – First Majestic Silver CEO

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Post date July 24, 2020

Need from green modern technology manufacturers, rare-earth element capitalists, as well as hindered production because of COVID-19 mine suspensions are all aiding silver.

" I understand the tightness of the marketplace. It's just gon na get worse as we go environment-friendly," claimed Keith Neumeyer, creator and also CEO of Initial Majestic Silver (NYSE: AG, TSX: FR), that spoke to Kitco on Wednesday.
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Kitco Information is the world's # 1 source of metals market info. Our videos include meetings with noticeable sector numbers to bring you market-affecting insights, with the objective of helping individuals make educated financial investment decisions.

For even more breaking information, browse through

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

Do not neglect to sign up for Kitco Information' Weekly Summary– comes out every Friday to summarize the best stories & videos of the week:.

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

Disclaimer: Video clips are not trading recommendations as well as the views revealed may not show those of Kitco Metals Inc
.

Kitco News

Gold is the asset to hold in a dangerous world – Ballingal Investment Advisors

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Post date July 2, 2020

Gold costs have actually attained an essential turning point, screening vital resistance at $1,800 an ounce, and one Australian company is anticipating that prices will certainly remain to press higher.

In an interview with Kitco News, on the sidelines of the Mines and also Cash Online Attach online mining seminar, Andrew Ballingal, founder and also chief investment policeman of Ballingal Financial investment Advisors stated that he anticipates that gold prices will certainly push above $2,000 an ounce this year as threats in the marketplace stay underestimated.
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Kitco Information is the globe's # 1 source of metals market details. Our video clips feature interviews with noticeable industry figures to bring you market-affecting understandings, with the goal of helping individuals make informed investment decisions.

For more breaking news, visit

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

Don't forget to enroll in Kitco News' Weekly Roundup– appears every Friday to wrap up the best tales & video clips of the week:.

Join the discussion @ The Kitco Forums and also belong to the premier on the internet community for rare-earth elements capitalists:.

Please note: Videos are not trading recommendations and also the sights shared may not reflect those of Kitco Metals Inc
.

Kitco News

The only question gold investors are asking: how high is the price going

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Post date June 27, 2020

It has been a big week for the gold market as surging momentum has pressed costs to their highest degree in almost eight years. In an interview with Kitco News, George Milling-Stanley, primary gold strategist at State Street Global Advisors, claimed that he remains to expect gold to push higher via the remainder of the year. Although his base instance does not ask for $2,000 gold by year-end, he included that a move to that degree is not out of the "realm of possibilities."

In a world awash in uncertainty as well as volatility, gold has done precisely what it was meant to do, he added.
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Kitco Information is the world's # 1 resource of metals market info. Our video clips include meetings with popular industry numbers to bring you market-affecting insights, with the goal of helping people make informed financial investment decisions.

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

For even more breaking news, see

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

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

Sign up with the conversation @ The Kitco Forums and also become part of the premier online area for precious metals capitalists:.

Please note: Video clips are not trading guidance as well as the sights expressed may not mirror 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

What the gold price should be; this is not like 2008 says Peter Hug

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Post date May 14, 2020

Financiers have to remember that the fundamental cause of this existing economic crisis is different from that of the last one in 2008 and should price gold in appropriately, stated Peter Hug, worldwide trading director of Kitco Metals.

" This is not the monetary situation of 2008, this is a health and wellness crisis. Gold did rally from the $1,500 s to the mid-$ 1,700 s and also is currently straddling the $1,700 mark and every person's preparing for that gold must be $3,000 an ounce because of the Fed stimulation," Hug told Kitco News. "I'm simply not persuaded that enormous rising cost of living impends."
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Kitco News is the globe's # 1 resource of steels market information. Our videos feature meetings with popular sector figures to bring you market-affecting understandings, with the goal of helping individuals make notified investment choices.

For even more breaking information, see

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

Don't fail to remember to enroll in Kitco News' Weekly Summary– appears every Friday to summarize the hottest tales & videos of the week:.

Sign up with the conversation @ The Kitco Forums as well as belong to the premier on the internet community for rare-earth elements financiers:.

Disclaimer: Videos are not trading advice and also the sights revealed might not show those of Kitco Metals Inc
.

Kitco News

Gold price has momentum and doesn’t need negative rates to hit $2,000 – State Street Global Advisors

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Post date April 21, 2020

The gold market has seen an amazing run since mid-March, rallying almost $200 in a matter of weeks and according to George Milling-Stanley, primary gold strategist at State Road Global Advisors, it has adequate area press to a new all-time high.

Milling-Stanley kept in mind that gold costs have currently struck the upper-bound year-end target at $1,700 an ounce.
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Kitco Information is the globe's # 1 source of steels market information. Our video clips include interviews with popular industry figures to bring you market-affecting insights, with the objective helpful people make educated financial investment decisions.

For even more breaking information, browse through

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

Don't fail to remember to sign up for Kitco Information' Weekly Summary– appears every Friday to wrap up the most popular stories & videos of the week:.

Join the conversation @ The Kitco Forums and also belong to the premier on-line community for rare-earth elements capitalists:.

Disclaimer: Videos are not trading guidance as well as the sights expressed 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

There is enough gold supply to meet demand…for now – GraniteShares

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Post date April 17, 2020

Logistical and supply-chain problems continue to create a liquidity situation in the gold market, yet Will certainly Rhind, CEO of GraniteShares, claimed that there is enough supply of the rare-earth element to meet need, at least for now.

However, he likewise added that there could be much more supply problems in the long-term as the COVID-19 pandemic is affecting mine manufacturing. Taking a look at rates, Rhind said that the supply issues coupled with expanding financial investment demand as government and also reserve banks flooding markets with cash money will continue to drive gold prices higher via 2020.

" I think if we recall to what happened in 2008 and also what is taking place once again. After that we almost certainly will see a new all-time high in the gold price at some point, if not this year, then I think next year," he said.

__________________________________________________________________
Kitco News is the globe's # 1 source of metals market information. Our videos feature meetings with noticeable industry figures to bring you market-affecting understandings, with the goal of helping individuals make notified financial investment decisions.

For even more breaking news, see

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

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

Join the discussion @ The Kitco Forums as well as become part of the premier on the internet neighborhood for rare-earth elements financiers:.

Please note: Video clips are not trading advice and the sights expressed may not reflect those of Kitco Metals Inc
.