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Kitco News: Gold price hits $1,900 on mounting Russia-Ukraine tensions and recession fears
Posted By: NaturalWisdom Date: Thursday, 17-Feb-2022 13:55:11
www.rumormill.news/193337
In Response To: DO YOU DRINK COFFEE?? Rabobank Warns Coffee Prices Will “Soar Out Of Control” As Stockpiles Plunge - Tyler Durden (RumorMail)
Will the usual suspects come in toward the end of the trading day to slam the gold price and keep it from closing above $1900/oz? Meanwhile, the price of Bitcoin has fallen below its highly watched 10- and 50-day moving averages.
-NW
BITCOIN Feb 2022 Future
Chicago Mercantile Exchange › BITCOIN Feb 2022 (CME:BTC.G22)
41760 -2410 (-5.46%)
2022-02-17 12:50:57, 15 MIN DELAY
Gold price hits $1,900 on mounting Russia-Ukraine tensions and recession fears
Anna Golubova
February 17, 2022
[snip]
(Kitco News) Gold prices soared to eight-month highs as investors fled to the safe-haven metal on economic growth concerns and rising Russia-Ukraine tensions. Analysts see more upside for gold, pointing to $1,903-$1,923 as the critical resistance range.
"There is a lot of different angles to look at gold right now - from the macro, geopolitical, and hedge against inflation. Bitcoin and stocks are selling off, and people are looking for places to park their money. Gold is wearing a lot of different hats right now," Blue Line Futures chief market strategist Phillip Streible told Kitco News.
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Articles In This Thread
- DO YOU DRINK COFFEE?? Rabobank Warns Coffee Prices Will “Soar Out Of Control” As Stockpiles Plunge - Tyler Durden
RumorMail -- Thursday, 17-Feb-2022 17:11:21
- Kitco News: Gold price hits $1,900 on mounting Russia-Ukraine tensions and recession fears
NaturalWisdom -- Thursday, 17-Feb-2022 13:55:11
- Moderna Stock has Crashed Several Times
CrystalRiver -- Thursday, 17-Feb-2022 22:05:26
- Blackrock Whistleblower Who Predicted The Crash of Moderna Breaks Bombshell Information
CrystalRiver -- Thursday, 17-Feb-2022 22:35:07
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