Monthly Archives: March 2018

Gold at Five-Week High Amid Geopolitical Tensions

Geopolitical tensions have caused a rise in gold prices. Gold eased back from its earlier losses on Monday, as a lower dollar and geopolitical tensions bolstered the precious metal. Comex gold futures for April delivery gained 0.28% to a five-week high of $1,353.70 a troy ounce as of 10:30 AM ET (14:30 GMT). The U.S. […]

Gold prices rebound and dollar slips on positive U.S. jobs report

Gold prices rebounded on Friday to close slightly higher after the U.S. dollar edged lower as February’s U.S. jobs report dampened expectations for a faster rate of rate hikes this year. Gold futures for April delivery settled up 0.17% at $1,324.00 on the Comex division of the New York Mercantile Exchange. For the week, prices […]

Silver’s poised to outpace gold this year Prices for the white metal may climb to $18 or higher

“Many of silver’s key drivers that painted a bullish picture last year are still in play for 2018, particularly rising inflationary pressures and a weaker U.S. dollar,” says Maxwell Gold, director of investment strategy at ETF Securities. Many prognosticators expected silver to top gold last year and this year, but that hasn’t happened because the […]

Gold Prices To Snap 2-Month Winning Streak as Traders Up Bets On Rate Hikes

Gold prices were roughly unchanged on Wednesday but looked set to post a monthly loss for the first time in three months amid improving sentiment on the pace of rate hikes. Gold futures for April delivery on the Comex division of the New York Mercantile Exchange rose by $1.70, or 0.13%, to $1,320.30 a troy […]

Coinbase tells 13,000 users their data will be sent to the IRS soon

Coinbase told its customers on Friday that it plans to comply with a court order and hand over about 13,000 customers’ data to the IRS within 21 days. The IRS made the request back in November 2016, asking for the Coinbase records of all the people who bought bitcoin from 2013 to 2015 to seek […]