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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

Strong rise in U.S. new home sales drag gold prices lower

Wednesday February 24, 2021 10:15AM

(Kitco News) - The U.S. housing market continues to file on all cylinders as consumers continue to buy new homes at an unprecedented pace.

Gold still looks good as Fed underestimates inflation pressures - Midas Fund

Tuesday February 23, 2021 01:38PM

(Kitco News) - The gold market may continue to suffer as bond yields move up, according to one fund manager. However, he also warned that investors are losing sight of the looming threat of currency debasement and rising inflation with all this focus on the bond market.

Gold prices ignore rise in February U.S. consumer confidence

Tuesday February 23, 2021 10:30AM

(Kitco News) - Federal Reserve Chair Jerome Powell noted that the U.S. economy faces a difficult recovery from the COVID-19 pandemic; however, it appears that U.S. consumers are optimism that the U.S. economic activity will increase.

Gold prices holding $1,800 but under pressure as Powell provides no new information on monetary policy

Tuesday February 23, 2021 10:10AM

(Kitco News) - The gold market is holding its ground around $1,800 an ounce as Federal Reserve Chair Jerome Powell has not revealed any new information on U.S. monetary policy.

Gold sensitive to Powell's comments, but still has a shot above $2,000 Credit Suisse

Tuesday February 23, 2021 09:20AM

(Kitco News) - With bond yields trading near a one-year high, Market attention is laser-focused on Federal Reserve Chair Jerome Powells semi-annual monetary policy update before Congress, according to some analysts.

Hedge funds shedding bullish gold bets as yields rise to one-year high

Monday February 22, 2021 02:12PM

(Kitco News) - Gold prices are starting the week on solid footing as prices push above $1,800 an ounce.

Gold wins the fight between inflation and reflation - VanEck's Foster

Monday February 22, 2021 12:04PM

(Kitco News) - The gold market is breaking its chain with interest rates as prices push back above $1,800 an ounce even as 10-year bond yields hold at their highest level in nearly a year, above 1.3%.

Commezbank downgrades gold forecast, but prices can still push above $2,000

Monday February 22, 2021 10:32AM

(Kitco News) - The gold market is starting to attract some new buying momentum as prices push above $1,800 an ounce at the start of the week. Still, the recent drop to a seven-month low has taken its toll as some banks continue to adjust their 2021 price forecasts.

When will the Fed rescue gold?

Friday February 19, 2021 03:31PM

(Kitco News) - It has not been a good week for the gold market as prices have fallen to an eight-week low. Many investors are now asking how much longer this can go on.

Copper price rallies 4%, trading near 10-year high on supply/demand imbalance

Friday February 19, 2021 01:40PM

(Kitco News) - The copper market is firing on all cylinders, with the prices pushing above $4 a pound, its highest level since September 2011. However, some analysts are warning investors to use some caution as the rally looks a little unstable and overbought.