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Neils Christensen

Editor

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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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Latest Archive

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

Tuesday March 21, 2023 05:07PM

(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

Tuesday March 21, 2023 11:04AM

(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%

Tuesday March 21, 2023 10:08AM

(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

Monday March 20, 2023 02:59PM

(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

Monday March 20, 2023 11:05AM

(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

Friday March 17, 2023 05:24PM

(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.