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Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold price pulls back below $3400 as dollar rebounds; support levels hold firm with bulls eyeing a breakout toward $3435 and $3500.
Gold price pulls back below $3400 as dollar rebounds; support levels hold firm with bulls eyeing a breakout toward $3435 and $3500.
Gold consolidates below $3,365, silver under $34.79; traders watch for breakouts amid Fed expectations and global risk sentiment.
China's PMI falls below 50, stoking economic fears amid renewed US trade frictions.
Leeuwin Metals Ltd (ASX:LM1) has launched Phase 2 of its drilling program at the Marda Gold Project in Western Australia, with the goal of expanding the high-grade gold mineralisation discovered during Phase 1. The Phase 2 program will involve 3,000 metres of reverse circulation (RC) drilling, continuing the promising work carried out in the earlier phase that returned multiple shallow, thick, high-grade gold intercepts.
Gold edged higher in the early Asian session amid trade and geopolitical tensions, which support safe-haven demand for the precious metal.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.