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Tag: Gold Futures

Gold hovers near new record in Middle East and election uncertainty

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Gold hovers near new record in Middle East and election uncertainty

(Bloomberg) — Gold prices fell after hitting a new record high amid tensions in the Middle East and the upcoming U.S. presidential election. Most read by Bloomberg Gold prices rose as much as 0.7% before declining as some investors booked profits following the precious metal's four-day winning streak. Last week it broke $2,700 an ounce, […]

Expect Gold to Rise Past Its Record High: Strategist

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Expect Gold to Rise Past Its Record High: Strategist

Gold (GC=F) is rising to a record high as investors turn to the precious metal amid macro uncertainty. Phil Streible, chief market strategist at Blue Line Futures, joins Seana Smith and Madison Mills in the Morning Brief to explain why he expects gold to continue its rally. Streible says the main drivers behind the rise […]