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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 @Neils_c

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6% allocation to gold: How Société Générale is positioning its portfolio for a potential recession

(Kitco News) - Gold continues to play an essential role in a diversified portfolio, with Société Générale saying it is maintaining a 6% allocation to the precious metal in its latest multi-asset Portfolio strategy.

U.K. authorities seize nearly $5 million in gold bullion from South American drug cartel

(Kitco News) - A South American drug cartel has lost nearly $5 million in gold bullion after British authorities obtained a civil recovery order for more than 3,300 ounces of gold seized by border authorities at Heathrow Airport.

Gold prices trading near session lows as U.S. existing home sales see solid rise in February, jumping 14.5%

(Kitco News) - The gold market is seeing solid losses trading near session lows and could struggle to find any bullish momentum as the U.S. housing sector continues to shows signs of stabilizing as consumers start to buy again.

Gold Prices Remain Resilient Despite Banking Crisis Resolution: Invesco's Kristina Hooper

(Kitco News) - The gold market continues to see solid support within striking distance of $2,000 an ounce. While gold prices can continue to perform well through the rest of the year, a new all-time high depends on how the current global banking crisis continues to unfold, according to one market strategist.

Once $2,000 breaks, gold is off to the races - Willem Middelkoop

(Kitco News) - The gold market is again looking for a sustained push above $2,000 an ounce as investors look for safe-haven assets to shield themselves from the biggest global banking crisis since the 2008 Great Financial Crisis.

Got gold? You might just need it

(Kitco News) - The biggest banking crisis since the 2008 Great Financial Crisis once again proves that gold is the ultimate safe-haven asset. It is seeing its best weekly performance in three years as the price moves to within striking distance of $2,000 an ounce.

Afraid of a Sunday bank failure, investors don't want to start the weekend without some gold, driving prices up more than 3%

(Kitco News) - Investors are rushing into gold late Friday because nobody wants to end the week without holding some gold, according to analysts.

Is the gold market oversold? Main Street investors say no

(Kitco News) - Gold prices could have room to move higher next week, with bullish sentiment among retail investors surging through the marketplace as they look to protect themselves from the biggest banking crisis since 2008.

Gold price holding near session highs as preliminary UofM consumer sentiment falls to 63.4

(Kitco News) - The gold market is trading at session highs as U.S. consumer confidence falls sharply in March even as inflation expectations remains persistently high, according to preliminary data from the University of Michigan.

Commerzbank reaffirms its gold forecast, looking for prices to end 2023 at $1,950 an ounce

(Kitco News) - Bullish sentiment in the gold market has picked up significantly this past week, with prices pushing to a six-week high as investors looked for safe-haven assets following the failure of two U.S. commercial banks.