Gold futures hit 7+ yr high
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Started by pj - April 9, 2020, 5:32 p.m.

Silver rallies too, a bigger % today. But the gold/silver ratio is still 109:1.

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By metmike - April 9, 2020, 5:52 p.m.
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Thanks pj, excellent topic!

Gold, silver prices rally on safe-haven demand


https://www.kitco.com/news/2020-04-09/Gold-silver-prices-rally-on-safe-haven-demand.html

By metmike - April 9, 2020, 5:54 p.m.
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Gold-price sentiment overwhelmingly bullish

https://www.kitco.com/news/2020-04-09/Gold-price-sentiment-overwhelmingly-bullish.html


 

 Kitco Gold Survey      

Wall Street

    

 Bullish   100% 

    

 Bearish   0% 

    

 Neutral  0% 

    

VS

      

Main Street

    

 Bullish   70% 

    

 Bearish   19% 

    

 Neutral  11% 

  

"Gold prices are still looking bullish next  week," said Phil Flynn, senior market analyst with at Price Futures Group.  "Not only is the market benefiting from a risk-on environment, but the  longer-term implications from U.S. quantitative easing and global economic  bailouts will give gold a good fundamental basis for moving higher."

By metmike - April 9, 2020, 5:55 p.m.
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By metmike - April 9, 2020, 5:58 p.m.
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By metmike - April 9, 2020, 6 p.m.
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