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$1 Million Worth of Gold, Silver Up for Grabs This Summer

(Kitco News) – One million dollars’ worth of gold and silver will be hidden throughout North America this summer, with round two of the real-life treasure hunt, GoldHunt, nearing its launch.

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Gold’s Path To $1,500 Could Depend On S&P 500 Staying Below 3,000 – Bloomberg Intelligence

(Kitco News) – Gold prices have an interesting relationship to the S&P 500 and the metal’s future upside could depend on whether or not the S&P 500 breaks out above 3,000, according to Bloomberg Intelligence (BI).

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Gold Pauses, Silver Rallies To 12-Mo. High

(Kitco News) – Gold prices are slightly up and the silver market is posting good gains and hit a 12-month high in midday U.S. trading Wednesday.

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Gold Moves Little On News of 7% Rise In U.S. New-Home Sales To 646,000

(Kitco News) – Gold prices moved little, thus hanging onto early gains, after a government report that sales of new U.S. single-family homes rose by 7% in June to a seasonally adjusted and annualized pace of 646,000. Spot gold was last up $9.40 to $1,4…

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Gold At Daily Highs After U.S. Markit Manufacturing PMI Drops To 50

(Kitco News) – Gold prices edged up to new daily highs after the release of preliminary manufacturing and service-sector sentiment data.

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Freeport-McMoRan Swings to Net Loss In Second Quarter

(Kitco News) – Freeport-McMoRan Inc. (NYSE: FCX) Wednesday reported that it swung to a net loss in the second quarter as copper production fell during the transition from an open pit to underground mining at the giant Grasberg mine in Indonesia.

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Gold, Silver Prices Back In Rally Mode Amid Bullish Charts

(Kitco News) – Gold and silver prices are moderately higher in early U.S. trading Wednesday.

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Investors Continue Piling Into Silver ETFs

(Kitco News) – Investors are continuing to pile into silver exchange-traded funds, with ETF holdings since the start of June rising by more than the amount of metal normally mined throughout the world in an entire month, analyst said.

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Bitcoin Daily Chart Alert – Bulls Fading At Mid-Week – July 24

(Kitco News) – Bitcoin-U.S. dollar futures prices are lower again in early U.S. trading Wednesday.

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Gold, China – What’s Next?

(Kitco News) – Tuesday’s whipsaw in gold was almost as predictable as setting an alarm clock to get up in the morning. Once again gold has found a support level and has been whipping around that support for the last couple of days.

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