Gold COMEX (Apr'23)
The founder of the biggest gold ETF is still bullish 20 years later
The founder of the first gold-tracking ETF is still bullish on the commodity two decades later. “Things are looking good for the rest of this year and for next year,” George Milling-Stanley told CNBC’s “ETF Edge” this week. The State Street chief gold strategist highlighted demand from both central banks and individual investors in emerging […]
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Russia-U.S. tensions hit global markets as Putin lowers the threshold for a nuclear strike
Russian President Vladimir Putin speaks during a plenary session of the Valdai Club on Nov. 7, 2024 in Moscow, Russia. Contributor | Getty Images News | Getty Images Global stocks fell and investors fled to safe-haven assets on Tuesday, as global markets reacted to escalating tensions between the world’s two largest nuclear powers: Russia and […]
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‘New bullish phase’? As gold hits another high, analysts say more records are in sight
Close up stack of gold bars, financial wealth concepts and business Vector Photo Gallery | Istock | Getty Images Gold is in a “new bullish phase” after prices notched another record high, said asset management firm Sprott Asset Management, echoing other analysts who have predicted that the bullion will continue to scale new heights. “Gold […]
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10 analysts just hiked their price targets on these 3 stocks — including a Big Tech AI firm
A slew of Wall Street analysts last week turned even more bullish on three stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Meta Platforms , Asian e-commerce giant Sea Ltd , and miner Barrick Gold . CNBC Pro screened for stocks in the MSCI World Index that have received share price target […]
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Where the charts indicate gold is headed next as it rallies on escalating geopolitical tensions
Gold is making new all-time highs fueled by two factors: escalating tensions in the Middle East , as well as central banks around the world moving to a more dovish, or accommodative stance. I believe there is more upside in gold that we can take advantage of in the underlying bullion market or one of […]
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Why this top fund manager says the best investment this year is ‘the hedge against political cycles’
ETF Edge Why this top fund manager says the best investment this year is ‘the hedge against political cycles’ Published Sat, Sep 21 202411:00 AM EDT Emily Glass WATCH LIVE Source
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CNBC Daily Open: Hoping for a 50-basis-point cut
Hope versus reality: That’s the mood among market watchers as we count down to the Fed’s interest rate decision. Source
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ETFs are on pace to break record annual inflows, but this wild card could change it all
ETF Edge ETFs are on pace to break record annual inflows, but this wild card could change it all Published Sat, Sep 7 202411:00 AM EDT Natalie Zhang@nat_zhang WATCH LIVE Source
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Global commodities’ biggest winners and losers this year — and where they’re headed
A farmer collecting grain from a combine harvester during the wheat harvest on a farm near Benfleet, UK, on Monday, Aug. 12, 2024. Bloomberg | Bloomberg | Getty Images The global commodities market has been volatile this year, with prices remaining largely elevated. Orange juice and cocoa futures surged to record highs in the first […]
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Gold set for fresh highs ahead of Fed rate decision — analysts see prices at $3,000 by next year
An employee handles one kilogram of gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold prices have been hitting new highs and analysts expect more records, with some forecasting the metal to hit $3,000 per ounce next year, as […]
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