Gold price gains as greenback backs off
(Kitco News) – Gold and silver prices are higher in early U.S. trading Friday, boosted in part by a sell off in the U.S. dollar index today.
Read moreIndia’s gold market sees strong investment demand in June, but imports and jewelry sales slide – WGC’s Chacko
(Kitco News) – While Indian gold jewelry sales suffered from seasonal weakness and bullion imports fell to a 14-month low in June, strong retail revenues and standout investment demand are supporting the overall market, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).
Read moreChina’s gold market sees standout spot, futures, and ETF performance in H1, PBoC purchases continue in June – World Gold Council
(Kitco News) – China’s gold market was tepid in June, but its first half performance was still very strong overall with the Shanghai Benchmark Gold Price and ETF inflows both setting semiannual records, according to Ray Jia, Research Head, China at the World Gold Council (WGC).
Read moreGold weaker as USDX upticks
(Kitco News) – Gold prices are modestly lower and silver prices slightly up in midday U.S. trading Thursday. The metals are seeing buying interest limited amid gains in the U.S. dollar index and the U.S. stock indexes today.
Read moreEroding Fed credibility could be gold’s next catalyst, analysts warn
(Kitco News) – Rising political tensions between President Trump and the Federal Reserve are rattling investor confidence, with analysts warning that any blow to central bank independence could send gold prices soaring.
Read moreGold market analysis for July 17 – 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 moreBitcoin July 17 daily chart alert—Bullish chart pattern forms
(Kitco News) – Thursday, July 17—July bitcoin futures prices are a bit weaker in early trading Thursday. Prices hit a contract/record high Monday and have since paused, which has formed a bullish symmetrical triangle pattern on the daily chart.
Read moreBitcoin July 17 daily chart alert—Bullish chart pattern forms
(Kitco News) – Thursday, July 17—July bitcoin futures prices are a bit weaker in early trading Thursday. Prices hit a contract/record high Monday and have since paused, which has formed a bullish symmetrical triangle pattern on the daily chart.
Read moreSpot gold slides below $3,320/oz after Philly Fed survey rises to 15.9 in July
(Kitco News) – The gold market is trading near session lows on Thursday morning after the Philadelphia Federal Reserve’s manufacturing sector survey rose back into expansionary territory this month.The regional central bank said its manufacturing business outlook for July came in at 15.9 after a reading of -4 in both May and June. The data was much better than expected, as economists were looking for a reading of -1 this month.
Read moreGold price down amid rise in greenback
(Kitco News) – Gold prices are lower and silver prices slightly down in early U.S. trading Thursday. The metals are seeing some selling pressure amid a solid gains in the U.S. dollar index today, and a slight rise in U.S. Treasury yields.
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