Gold prices rise off session lows after U.S. weekly jobless claims drop to 217k
(Kitco News) – Gold prices rose from session lows following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was below economists’ forecasts.
Read moreGold sees weak price action against euro as ECB leaves interest rates unchanged
(Kitco News) – The gold market continues to consolidate within the broader global currency landscape, as it has been unable to hold gains above key resistance levels against both the euro and the U.S. dollar.
Read moreGold price down on profit taking, weak long liquidation as risk appetite improves
(Kitco News) – Gold prices are solidly down in early U.S. trading Thursday, on profit-taking from the shorter-term futures traders and on weak long liquidation
Read moreBitcoin July 24 daily chart alert – Sideways summertime trading
(Kitco News) – Thursday, July 24—July bitcoin futures prices are near steady in quieter summertime trading Thursday. A price uptrend has stalled out amid the recent sideways trading.
Read moreGold market analysis for July 24 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
Read moreMiddle East gold trading soars as DGCX hits 1 million contracts in H1
(Kitco News) – North American investment demand remains a dominant force for gold, but the precious metal continues to establish its credentials as an important global monetary asset and risk hedge.
Read moreMove over, central banks: Sovereign wealth funds are also buying tonnes of gold
(Kitco News) – Gold is once again at the center of global financial strategy—not just for central banks, but for sovereign wealth funds looking to hedge risks and preserve value.
Read moreGold sees heavy profit taking after hitting 5-week high overnight
(Kitco News) – Gold prices are sharply lower near midday Wednesday, on solid profit taking after hitting a five-week high overnight.
Read moreDovish Fed comments suggest FOMC intrigue, gold will challenge $3,500 soon – Commerzbank’s Nguyen
(Kitco News) – Gold prices are getting a boost from an outspoken dove at the FOMC who may be angling for Powell’s job, and the yellow metal should be bumping up against the April all-time high of $3,500 per ounce in short order, according to Thu Lan Nguyen, head of FX and commodity research at Commerzbank.
Read moreGold prices holding support above $3,400 as U.S. existing home sales fall 2.7%
(Kitco News) – Gold prices are holding support above $3,400 an ounce but are struggling to attract renewed safe-haven demand even as the U.S. housing market continues to struggle.
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