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forecasts Daily Gold News: Gold Going Sideways Following Monday’s ReboundGold is 0.2% higher this morning, as it continues to trade within a consolidation. The market remains close to $1,850 price level. Jan 19, 2021 12:42 PM GMT The gold futures contract gained 0.4% on Monday after bouncing from an overnight low of around $1,800. The market gave back almost all of its December’s advance recently. Gold is trading within a short-term consolidation, as we can see on the daily chart ( the chart includes today’s intraday data ): Advertisement Start Trading 75% of retail CFD investors lose ...

Gold is 0.1% lower this morning, as it is further extending its short-term consolidation. What about the other precious metals?

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Source: Shutterstock RIOT stock gained nearly 1,500% in 2020, handily outpacing the 314% gains made by bitcoin during the same period. On Dec. 21, the company said it would spend $35 million to acquire more mining capacity, known as Bitmain Antminers, bringing its equipment to approximately 37,000 miners. RIOT finances its new miner purchases through available working capital and does not have any long-term debt. There was a lot of skepticism when the company shifted from a biotechnology company to a digital currency miner back in 2017. However, it now boasts a market cap of $1.15 billion, up...

Source: Shutterstock Leading the way of the crypto mining stocks to buy is Riot Blockchain, which is based in Castle Rock, Colorado, and was founded in 2000. Its stock has a market capitalization of more than $1 billion. Its stock price surged from $1.49 in January 2020 to top $16 per share in late December 2020. The company is investing in its bitcoin mining business expansion heavily as it announced “an expected 65% increase in bitcoin mining hash rate capacity resulting from the purchase and future deployment of 15,000 S19 Pro and S19j Pro Antminers from Bitmain Technologies Limited.” ...