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Silver Trading At 4-Month High Still Has Plenty Value – Analysts

(Kitco News) – Gold’s price momentum is starting to weaken, but investors are finding value in other precious metals, specifically silver as the metal trades near a 4 month high, according to some analysts.

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Gold Prices Remain Under Pressure Despite Disappointing U.S. Housing Construction data.

(Kitco News) – Gold prices remain under pressure but still holding above $1,400 an ounce after data showed U.S. housing construction lost momentum in June.

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Analysts: Central Banks Add More Gold To Reserves In June

(Kitco News) – Central banks, which have been heavy gold buyers since last year, continued to add the precious metal to their reserves during June, analysts reported Wednesday.

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Gold Languishing, But Silver Bulls On The March

(Kitco News) – Gold prices are moderately lower in early U.S. trading Wednesday. The yellow metal is drifting sideways on the daily chart amid summertime doldrums.

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McEwen Mining Trims 2019 Gold-Output Guidance By 6%

(Kitco News) – McEwen Mining Inc. (NYSE, TSX: MUX) reported Wednesday that gold production that was roughly in line with the same quarter a year ago, but trimmed its full-year guidance for output of the yellow metal.

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Bitcoin Daily Chart Alert – Prices Pounded On U.S. Gov’t Crypto Criticism – July 17

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Gold Wars

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Bitcoin Plunges Nearly 13% As Facebook’s Crypto Plans Worry U.S. Senators

(Kitco News) – The popular digital currency bitcoin has dropped nearly 13% on Tuesday as U.S. lawmakers questioned Facebook over its future crypto plans, intensifying scrutiny over digital coins.

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Gold Bulls ‘Have Very Little Reason To Worry’ — ThinkMarkets

(Kitco News) – Despite some normal fluctuations in gold prices this week, bulls “have very little reason to worry,” as long as the metal continues to trend upwards, said online brokerage company ThinkMarkets.

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Silver Is Back: Prices May See Bullish Trend Soon

(Kitco News) – Silver Is Back: Prices May See Bullish Trend Soon

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