Why gold’s $220 surge is not over


Gold is making some big strides, rising above $1,900 an ounce for the first time since January. And gold bulls now want to see the $2,000 an ounce gold price target happen.

Some of the main triggers behind the move are a weaker U.S. dollar and crypto volatility. Here’s a look at Kitco’s top three stories:

3. Central banks turning to gold again, Bank of Thailand buys 43.5 tonnes in April https://www.kitco.com/news/2021-05-26/Central-banks-turning-to-gold-again-Bank-of-Thailand-buys-43-5-tonnes-in-April.html

2. Ray Dalio: ‘I have some bitcoin, I’d rather have bitcoin than a bond’ https://www.kitco.com/news/2021-05-24/Ray-Dalio-I-have-some-bitcoin-I-d-rather-have-bitcoin-than-a-bond.html

1. Ultimate gold price target is $5,000-$10,000, says Guggenheim’s Scott Minerd https://www.kitco.com/news/2021-05-26/Ultimate-gold-price-target-is-5-000-10-000-says-Guggenheim-s-Scott-Minerd.html
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Check the Quality and Popularity of Gold Coins Before You Buy

There are lots of things you need to learn before you invest in gold bullion or gold coins. Quality and Popularity are just two.

Gold Bullion Investment – A Beginner’s Guide

Gold Bullion investment is an activity that can be extremely profitable and interesting to get involved in. This article is intended as a beginner’s guide to entering the gold bullion market.

10 Reasons Why the Gold Price Will Rise Rapidly

There have been some incredibly interesting and provocative statements on the subject of Gold in the last few weeks. But the message is simple. Gold will continue to rise. The question is how far and how fast.

How to Deal With Inflation by Investing in Gold and Silver

The US government is printing money by the truckloads and stealing our money value with their quantitative easing aka money printing! How do we guys preserve our money then? Since 1932, Gold has outperformed Cash by more than 4300 percent!

European Gold Coins – A Smart Alternative to Modern Gold Bullion

European gold coins are a smart alternative to modern bullion coins such as the American Gold Eagle, Canadian Gold Maple Leaf, or the South African Gold Krugerrands. A wide variety of gold coins from Europe are available. You can find gold coins from European countries such as Austria, Great Britain, the Netherlands, France, Germany, Greece and Italy.

How to Buy Silver Bullion – A Simple Outline For Investing in Silver

Silver as a commodity and industrial metal will appreciate in value based on the simple economic fundamentals of supply and demand. Because we have consumed most of it, there is less silver now then there is gold. When people find this out, silver will go to the moon. When buying silver as an asset, it is best if you know and understand a few, but very important, points. You will want to know what kind of silver is NOT good to buy so you will have a better understanding about why certain forms are superior at the purchase stage. I will first detail what forms of silver will NOT serve you and then I’ll divulge the juicy stuff about the good stuff.

How to Calculate the Value of Silver Coins

Most people don’t know the change the carry around in their pockets can be worth more than the price the U.S. Mint stamped on the coin. This change could be Nickels, Dimes, Quarters, and Half-Dollars from before 1964. These coins are popular among people seeking to invest in silver, specifically in smaller amounts.

Stock Investing Vs Gold and Real Estate

Traditionally, stock investing has been associated with good times. People tend to invest in gold in times of economic crisis; and real estate investing has been viewed as relatively safe. When stock investing loses its luster investors often react and turn to the other two investment options to make money and offset stock losses. Should you do the same?

Why Invest in American Buffalo Gold Coins?

American Buffalo gold coins are also known as gold buffalo. These are 24-karat gold bullion coins that were introduced to the United States Mint back in 2006. It was made available for shipment in the same year.

How to Invest Money in Gold

There are a number of ways to invest in gold and make money when its price rises. Some are more suitable to the average investor than others. You don’t need to own the stuff physically to make money in gold. If you are interested in investing in gold, here are some investment options for you.

You May Also Like