Gold has new momentum as its utility grows in global trade - Franklin Templeton’s Steve Land

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Gold,Silver,Platinum

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews with prominent industry figures, comprehensive coverage of important industry events and analyses of market-affecting developments.

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. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.

-The gold market has managed to bounce off of its nearly two-week lows, but solid activity in the U.S. manufacturing sector could weigh on the precious metal ahead of the Memorial Day long weekend. - Gold and silver prices are firmer in early U.S. trading Friday, as the precious metals bulls are working to stop the bleeding and stabilize their markets.

- After hitting record highs above $2,450, the gold market is again struggling as hawkish sentiment from the Federal Reserve spooks markets; however, according to one market analyst, gold’s rally is far from over.In his latest gold commentary, John Ing, President and Chief Executive Officer of Maison Placements Canada Inc., reaffirmed his price target, expecting the precious metal to rise to $3,000 an ounce within the next 18 months.U.S.

The U.S. House of Representatives voted to prevent the Federal Reserve from issuing a digital dollar, setting the stage for a contentious battle in the Senate.

 

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