Central banks continue to place confidence in gold
The latest update from the World Gold Council confirms that central banks continue to place their confidence in gold, with another 31.6t added to reserves in April (the latest date for which figures are available) according to a report released today (Friday). The...
Economist sees gold prices reaching all time high by year-end
If you read our mid-week update on Wednesday, you may have seen that Blue Line Futures’ chief market strategist, Phillip Streible urged investors to ‘buy the dip’ in order to fully capitalise on an expected surge in gold prices towards the end of this year and into...
Gold prices set for $2500 says Blue Line Futures’ chief market strategist
An industry expert has advised investors to buy gold at every opportunity as the precious metal sets a course for $2500. Each window to buy in the form of temporary price drops should be exploited according to Blue Line Futures’ chief market strategist, Phillip...
Bloomberg Intelligence cites Gold as its top pick
Bloomberg Intelligence has given gold another resounding boost by citing the precious metal as its top pick to advance in 2020. The independent research arm of Bloomberg made the comments in its newly published commodity outlook. The firm’s senior commodity strategist...
