money talks Archives - Page 2 of 2

July 9, 2020

Gold prices could be set to take out their long-standing record

A technical reading may also be flashing a warning sign that the rally could lose steam. Gold’s 14-day relative strength index held above 70, a signal for some investors that an asset may be overbought and set to drop. Gold Spot gold rose 0.1% to $1,810.15 an ounce at 7:24 a.m. in London. Prices climbed to $1,818.02 on Wednesday, the […]

Markets 0 27 sec read

July 9, 2020

Market Update- July 09, 2020

U.S. Futures Drift Before Job Data: Dollar Steady Oil Price Hampered Oil traded below $41 a barrel in New York as coronavirus cases continued to surge across the world and U.S. crude stockpiles grew. Hedge Funds Lost- 7.9% Hedge funds lost a record 7.9% in the first half of the year on an asset-weighted basis, according to Hedge Fund Research Inc.

Markets 0 18 sec read

July 7, 2020

Stop Speculating, Start Investing Wisely

“It’s important to understand the difference between the two as this could decide if you are looking to build wealth or if you are gambling.” Stop deluding yourself into believing that you are investing in the market when in reality you are only speculating. This confusion can harm your investment portfolio more than a market crash. If you are unaware […]

Finance 0 3 min read

Gold prices could be set to take out their long-standing record

Market Update- July 09, 2020

Stop Speculating, Start Investing Wisely

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