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Tesla shares plunged, is gold next? This 'scares' Gary Wagner
Published: Thursday, 24 September 2020 20:00 | 
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| (Kitco News) - Equities markets have seen some strong selling activity in the last week due to lingering uncertainties in the economy, said Gary Wagner, editor of TheGoldForecast.com, who is concerned about gold and silver potentially not holding their base at current levels.
LVMH walking away from $16 billion Tiffany deal as jewelry sales slump to historic lows
Published: Thursday, 24 September 2020 20:00 | |
| (Kitco News) - The beleaguer jewelry industry took another hit Wednesday after French luxury goods giant LVMH said it would walk away from its planned $16 billion takeover of U.S. jeweler Tiffany.
Further equity losses could push gold prices higher - Commerzbank
Published: Thursday, 24 September 2020 20:00 | |
| (Kitco News) - The gold market continues to trend water as prices trade in a relatively narrow trading range; however, analysts at Commerzbank said that volatility in equity markets could provide some much-needed buying momentum for the precious metal.
Gold investors waiting out new momentum in U.S. dollar - RBC's Gero
Published: Thursday, 24 September 2020 20:00 | |
| (Kitco News) - Surging momentum in the U.S. dollar continues to keep a firm lid on the gold price; however, one market strategist said that this new momentum is less about a change in fundamentals in the U.S. economy reflects weakness in other countries.
Downside price pressure in gold, silver; bullish spark needed
Published: Thursday, 24 September 2020 20:00 | |
| (Kitco News) - Gold and silver prices are weaker in early U.S. trading Wednesday. A rebound in the U.S. stock market overnight is a negative for the safe-haven metals.