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Neils Christensen

Neils Christensen

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Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada. He has worked exclusively within the financial sector since 2007, when he started with the Canadian Economic Press. Neils can be contacted at: 1 866 925 4826 ext. 1526 nchristensen at kitco.com @Neils_c

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Gold Analysis: Stronger Physical Demand Needed For Sustainable Rally – ETF Securities

(Kitco News) - Unable to hold recent gains, gold prices have pushed below $1,300 an ounce level, and the market has to address a fundamental weakness in the physical market if prices are to push higher, according to one analyst.

Is Gold A Gift From The Heavens? - LIGO Report

(Kitco News) - For the first time ever, scientists have investigated what happens when two neutron stars collide, and you won’t guess what they’ve found…

Hedge Funds Sell More Gold But Trend Is Shifting - Analysts

(Kitco News) - Hedge funds sold gold for the fourth consecutive week; however, some analysts are expecting the trend to shift as prices have retaken $1,300 an ounce.

Gold Prices Hold Above $1,300 Following 3-Year High In Empire State Survey

(Kitco News) - Gold prices are holding ground above the key psychological level of $1,300 an ounce, shaking of stronger-than-expected manufacturing data from the New York Federal Reserve.

Weekly Gold Outlook: Prices Have Room To Move Higher Near-Term

(Kitco News) - Weak inflation pushed gold to nearly three-week highs Friday and momentum will likely spill over into next week, according to analysts.

Gold Back At $1,300 Following Weaker-Than-Expected CPI Data

(Kitco News) - The gold market is picking up some momentum following data that shows U.S. inflation remains muted, creating further doubt of more Federal Reserve monetary policy action.

Gold Analysis: Don't Expect A Break Through $1,300 Just Yet - Commerzbank

(Kitco News) - A growing divergence within the Federal Reserve on inflation pressures is helping to push gold to a key resistance point; however one bank doesn’t think the metal has enough technical momentum to push through just yet.

U.S. Weekly Jobless Claims Fall To 243K

(Kitco News) - Initial weekly U.S. jobless claims fell by 15,000 to a seasonally adjusted 243,000 in the week to Saturday, the Labor Department said Thursday.

Gold Futures Off Lows As Some Fed Members Show Concern For Weak Inflation

(Kitco News) - Gold prices are off their lows, but still down on the day following growing concerns from some members of the Federal Reserve on inflation.

Gold Prices To Average $1,235 In 2018 – Natixis

(Kitco News) - Gold investors will have to wait until the second half of 2018 to see a further recovery in gold prices, according to Natixis.