Market Hive

Gold, silver power higher amid keen marketplace anxiety Gold and silver prices are sharply higher in midday U.S. trading Tuesday, with gold poised to close at a 1.5-year high close. More safe-haven demand amid a very spooked marketplace is featured as the Russia-Ukraine geopolitical situation appears to be deteriorating by the day. April gold futures were last up $35.80 at $1,936.60 and May Comex silver was last up $0.909 at $25.27 an ounce. The West’s very heavy sanctions have crippled…

Gold price to hit $2,150 on Russian invasion, 'very high inflation path' – Goldman Sachs As the West steps up sanctions against Russia in the aftermath of a full-scale invasion of Ukraine, Goldman Sachs raised its commodities price forecasts, citing supply disruptions and an even more problematic inflation outlook. The commodities to pay close attention to are the ones Russia is a major producer of — oil, gas, aluminum, palladium, nickel, wheat and corn. "The range of near-term price outcomes…

Gold price starts the week back above $1,900 but sees major volatility on further safe-haven demand he gold market continues to see significant volatility as Western nations react to the Russian invasion of Ukraine. Safe-haven demand pushed gold prices up 2% at the start of the Asian trading session, kicking off the new week on a solid note. However, analysts note that the precious metal still faces strong momentum in the U.S. dollar as the world's dominant currency in this…

Russia-Ukraine conflict – $100 gold price swings and volatility warning Gold saw $100 price swings on Russia's invasion of Ukraine. In an initial reaction, gold hit the highest levels since September 2020 but could not hold the gains. After markets received some clarity around new Russia sanctions, gold dropped back below the $1,900 an ounce level. Here's a look at Kitco's top three stories of the week: 3. Dramatic price swings: Gold price sheds $90, silver price sees sharp reversal as…

Is gold price at risk of a bigger pullback after $100 swings? After the initial geopolitical shock of Russia's full-scale invasion of Ukraine, gold has retreated below the $1,900 an ounce level. But analysts are still warning of high volatility ahead for the precious metal. The gold market saw price swings of around $100 during the last couple of trading sessions as markets reacted to the crisis in Ukraine. April Comex gold futures were last at $1,885.40, down 2.12% on…

Dramatic price swings- Gold price sheds $90, silver price sees sharp reversal as analysts warn of more volatility to come High levels of volatility are making their way through financial markets following Russia's attack on Ukraine, with gold seeing $90 price swings and silver posting a sharp reversal as investors digest the new geopolitical reality. The precious metals market saw strong gains for most of the day following Russia's full-scale invasion of Ukraine. Gold hit a 1.5-year high of $1,976.50,…

Gold hits $1,930 as Russia-Ukraine conflict intensifies, bitcoin falls Gold is up sharply after recent reports that the Russia-Ukraine conflict is intensifying. Spot gold crested $1,930 an ounce Wednesday evening eastern time. Bitcoin dropped, losing over 7% for the day and currently trading under $35,000. According to reports by Reuters Russian President Vladimir Putin authorised a military operation in eastern Ukraine. Gunfire and explosion were heard over night in Ukrainian capitol, Kyiv.   By Michael McCrae For Kitco News Time…