(Kitco News) - While gold has seen its best week in two years, one U.K.-based research firm expects that the rally will not be sustainable, looking for prices to fall nearly 6% from current levels by year end due to rising real interest rates. Capital Economics said in a recent report that although gold is traditionally a good hedge against inflation -- as the yellow metal rises in conjunction wi...Read More

Gold bulls are alive since the Fed dovish hike.  $1400 is seen at the line in the sand.  Gold is trading at around 1346 up 1.36% on the day so far as trade wars between the US and China intensify.  Gold weekly chart Gold is consolidating and grinding higher in an ascending triangle pattern. Resistance is seen at the high of the year close to the 1365 mark, followed by 1375 the 20...Read More

BAC shares are getting whacked todayThe Dow is below breakeven today, as it heads for another weekly loss. Three stocks making notable moves are data storage issue Dropbox, Inc. (NASDAQ:DBX), financial name Bank of America Corp (NYSE:BAC), and tobacco concern Alliance One International, Inc. (NYSE:AOI). Let's take a closer look at what's moving shares of DBX, BAC, and AOI. DBX Stock Explodes In...Read More

Zinc Mcx – Zinc Commodity Buy call 21d, Given at price 207.70 Achieved 1st Tgt 208.80 CMP 209.40. Near to 2nd Target 209.60. Total 1.7 x 2 lot = 3.4 Points ProfitTIPS ID 21d : Mcx Zinc Call Today - BUY Zinc at CMP 207.70 Add more at price 207 for Target 208.80 - 209.60 with SL below price 206.30 trade with 2 lotsAFTER POST CONTENT Read More

Analysts and options traders are bullish on the casino stockWynn Resorts, Limited (NASDAQ:WYNN) is up 1% today to trade at $177.34, on news the casino's founder and former CEO Steve Wynn has sold his entire stake in the company. Plus, Macau's Galaxy Entertainment revealed a 5% stake in WYNN -- a move that had Jefferies reiterating its "buy" rating, while Union Gaming upgraded the stock to "buy" fr...Read More

Mark Zuckerberg "We have a responsibility to protect your data, and if we can't then we don't deserve to serve you." (File Photo)Facebook CEO Mark Zuckerberg broke his silence Wednesday afternoon, days after his social media site was accused of data abuse. Facebook's data scandal, data mishandling...Read full newsRead More

A Vancouver tech company isn't wasting time evolving its business to focus on blockchain and cryptocurrency. Global Resource Technologies Ltd. announced at its AGM March 21, 2018 that it has acquired 1Linx Blockchain Technologies Corp., a company that provides blockchain security services to meet th...Read full newsRead More

As Facebook's use of data hits the headlines, Eddy Travia co-founder and CEO of Coinsilium Group Ltd (NEX:COIN) explains how the Indorse social platform puts users in charge and gives them a share of the advertisement revenue generated by their personal profiles."Indorse is a decentralised platform that's changing and disrupting the way social media is currently working," Travia said.Coinsilium no...Read More

Gold futures rallied Friday to their highest finish in five weeks, notching a weekly gain of almost 3%, as the threat of a looming trade war between the U.S. and China intensified. "Gold's gains feel unexpected, but considering the growing volatility in the equity markets and uncertainty surrounding the Chinese-U.S. tariffs, the implications from a larger trade war are sending safety into precious...Read More

Gold futures rallied Friday to their highest finish in five weeks, notching a weekly gain of almost 3%, as the threat of a looming trade war between the U.S. and China intensified. "Gold's gains feel unexpected, but considering the growing volatility in the equity markets and uncertainty surrounding the Chinese-U.S. tariffs, the implications from a larger trade war are sending safety into precious...Read More

GENEVA (Reuters) - U.S. President Donald Trump’s steel and aluminum tariffs met a barrage of criticism at a World Trade Organization meeting on Friday, as the European Union, Japan, Australia and others joined a debate started by China and Russia.The EU representative dismissed U.S. assertions that the steps were needed to protect national security, saying Washington was just trying to suppo...Read More

(Reuters) - Wall Street on Friday struggled to shake off fears of a global trade war after the United States moved to slap tariffs on China and as technology stocks took another hit with Micron’s results weighing on chipmakers, though oil prices gave some succor.The Dow Jones Industrial Average and the benchmark S&P 500 indexes swung between gains and losses in a choppy session, but the...Read More

The selloff in the equity markets was downright scary this week as a US trade war with China looks likely.Traders also reacted to the Facebook data sharing debacle, as technology stocks lost billions in value within hours.Commodity prices also fell and in early trading on Friday, Brent crude was close to US$70 with WTI holding close to US$65 a barrel.Strength in the oil market is dependent on stro...Read More

ZINC TARGET TIPS TODAYZinc Target Tips Today – Zinc Buy Tips 21d Advised at price 207.70 Achieved 1st Target 208.80. CMP 208.80. TOTAL Profit made 1.10 x 2 lot = 2.20 PointsTIPS ID 21d : Mcx Zinc Call Today - BUY Zinc at CMP 207.70 Add more at price 207 for Target 208.80 - 209.60 with SL below price 206.30 trade with 2 lotsAFTER POST CONTENT Read More

(Bloomberg) - Gold futures headed for the biggest weekly advance in almost two years, extending gains Friday and pushing up producer stocks, as mounting economic and geopolitical tensions fueled demand for the metal as a haven. Bullion rose midweek as the Federal Reserve stuck with plans to raise rates only three times this year. It moved higher Friday as prospects of a trade fight between the U...Read More

Gold again showed resilience in the face of financial market weakness.The metal's "wall of worry" continues to grow, which is bullish.Gold ETF is close to confirming an immediate-term breakout signal.A major sell-off in the stock market caught precious metals traders by surprise on Thursday. Coming on the heels of gold's best 1-day performance in over a month, gold and silver ETF pri...Read More

However, options traders today are bracing for a pullback soonThe shares of Cisco Systems, Inc. (NASDAQ:CSCO) are muscling higher today, after pulling back with the broader stock market earlier this week. Bolstering the blue chip is a bullish analyst note, with Goldman Sachs adding CSCO stock to its conviction list, and hiking its price target to $54 -- a premium of 24% to the stock's current pric...Read More

MUMBAI/BENGALURU, March 23 (Reuters) - Physical gold demand in Asian hot spots slouched this week as higher global prices made buyers hold off on purchases and as discounts in India widened to their highest in 6-1/2 months."Demand is very weak. At the current price level, retail buyers and jewellers are not making purchases," said Ashok Jain, proprietor of Mumbai-based wholesaler Chenaji Narsinghj...Read More

Stocks fell for a second straight weekIt was a rough week for the U.S. stock market, as worries about a trade war with China and a sharp decline in tech heavyweights -- namely Facebook (FB) -- pressured the major benchmarks to big weekly losses. In fact, the Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) at the time of this writing are set for their largest we...Read More

MCX ZINC CALL TODAY TIPSMcx Zinc Call Today – BUY Zinc at CMP 207.70 Add more at price 207 for Target 208.80 – 209.60 with SL below price 206.30 trade with 2 lotsAFTER POST CONTENT Read More