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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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If gold can close Dec. above $1,850 it can go to $2,750 says technical analyst

(Kitco News) - The gold market has started December on a strong note with prices hitting their highest level since mid-August as prices push above $1,800 an ounce.

Gold prices trying to hold the line at $1800 as U.S. created 263,000 jobs in November

(Kitco News) - The gold market is trying to hold on to support at $1,800 an ounce as traders react to significant strength in the U.S. labor market, continuing to defy expectations of an impending slowdown.

Gold prices holding near session highs above $1800 as ISM manufacturing contracts to 49

(Kitco News) - The gold market is trading near session highs, holding solid gains above $1,800 an ounce as recession fears continue to grow with the manufacturing sector falling into contraction territory, according to the latest report from the Institute for Supply Management (ISM).

GLD positioning itself for future growth with second custodian for its gold

(Kitco News) - The world's biggest gold-backed exchange-traded product is positioning itself for continued growth as SPDR Gold Trust (NYSE: GLD) announced another custodian to hold its gold.

Gold prices holding major gains above $1,800 as U.S. core PCE rises 5% in October

(Kitco News) - The gold market is holding solid gains above $1,800 an ounce but is not seeing any new momentum following weaker than expected inflation data.

Gold has a path to $2,000 and silver to $25 in the second half of 2023 - Bank of America

(Kitco News) - Precious metals investors will need to be a little patient as gold and silver could see challenging headwinds in the first half of the new year, according to Bank of America's 2023 outlook.

Gold prices remain positive as U.S. job openings decline to 10.33 million

(Kitco News) - Cracks continue to appear in the U.S. labor market as the number of job openings continues to decline but slightly less than expected.

Gold prices holding firm but sees little movement as ADP reports job gains of 127,000, missing expectations

(Kitco News) - The gold market is holding on to solid gains but is not seeing movement in initial reaction to weaker than expected private sector jobs gains in November.

Now is the time to build a small position in gold even if prices can move lower - DeCarley Trading's Carley Garner

(Kitco News) - The gold market remains stuck in neutral, solidly above $1,750 an ounce as it waits for a new catalyst; however, one market strategist says instead of trying to time the market, investors should recognize that current prices represent long-term value.

Australian gold production drops 9% in Q3, but the sector remains on solid footing

(Kitco News) - Australia's gold sector remains on solid footing, even if companies saw lower production between July and September, according to the latest report from Melbourne-based gold mining consultants Surbiton Associates.