Even without Brexit there is still enough global financial insecurity to support gold prices – analysts
(Kitco News) – Economic angst in Europe and the United Kingdom are easing slightly as the two nations appear to be on the brink of a Brexit deal. But, even if that issue is resolved, there is still enough economic uncertainty to support the gold market’s current uptrend, according to analysts.
Brexit’s extension past October 31 deadline is still the most likely scenario — Bannockburn Global Forex
(Kitco News) – A “major rub” to the possible Brexit deal negotiated by the Prime Minister Boris Johnson with the EU is the actual likelihood of it being passed by the UK Parliament, says TD Securities global head of FX strategy Mark McCormick.
Bitcoin daily chart alert—range-trading persists late this week
(Kitco News) – Bitcoin-U.S. dollar futures prices are firmer in early U.S. trading Thursday.
Read moreGold prices slightly up after uninspiring U.S. data
(Kitco News) – Gold prices are slightly higher in early U.S. trading Thursday.
U.S. weekly jobless claims rise in line with expectations to 214K
(Kitco News) – The U.S. labor market remains on solid footing after initial weekly jobless claims rose in line with expectations for the week to Saturday, according to the latest data employment data.
Read moreGold prices edge down amid mixed U.S. housing data
(Kitco News) – Gold prices edged up and then lost their ground following the release of the U.S. housing data from September, with housing starts disappointing and building permits beating expectations.
Read moreGold slides on Brexit deal
(Kitco commentary) – Early this morning the EU and UK agreed to a new Brexit deal. Gold and silver immediately sold off on the news and continue lower this morning.
Read moreGold prices to Hold $1,600 through 2021 – CIBC
(Kitco News) – Gold’s resilience heading into a relatively positive seasonal period should push prices back through critical resistance by the end of the year and prices should be well supported around $1,600 an ounce for the next two years, according to one Canadian bank.
Where is gold headed next week? Vote now!
(Kitco News) – Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.
Read moreWeak U.S. data boosts gold market
(Kitco News) – Gold prices are moderately higher in midday U.S. trading Wednesday, supported by the release of an important U.S. economic report that came in weaker-than-expected earlier this morning.
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