Gold trading at session lows after U.S. economy created 147K jobs in June
(Kitco News) – The gold market is struggling to find its footing as the U.S. labor market remains robust with the U.S. economy creating more jobs than expected last month.
Read moreGold prices slide to session lows after U.S. weekly jobless claims fall to 233k
(Kitco News) – Gold prices fell to fresh 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.Initial claims for state unemployment benefits came in at seasonally adjusted 233,000 for the week ending June 28, the Labor Department announced on Thursday. The number was better than expectations, as consensus estimates forecasted a reading of 240,000 claims. The previous week’s figure was revised up to 237,000.
Read moreGold and silver prices poised for further gains amid mounting economic risks – Sprott’s McIntyre
(Kitco News) – Gold prices have pushed back into familiar territory above $3,300 an ounce, while silver prices continue to consolidate above $36 an ounce. One portfolio manager says both precious metals have room to run higher.
Read more$3,000 is the new normal for gold, says abrdn’s Robert Minter – here’s why
(Kitco News) – Gold prices are consolidating above $3,300 but are struggling to build new bullish momentum as investors try to get comfortable with these elevated levels. However, one fund manager argues that the value is completely justified.
Read moreGold will consolidate in H2 2025 as haven demand flags, US tariffs and equity volatility will drive prices – FOREX.com’s Razaqzada
(Kitco News) – Gold’s record run in the first half of 2025 is likely to give way to consolidation in H2 as safe haven demand cools, but U.S. trade policy and equity volatility will remain key price drivers, according to Fawad Razaqzada, Market Analyst at City Index and FOREX.com.
Read moreGold, silver gain as U.S. jobs report on deck
(Kitco News) – Gold and silver prices are firmer in uneventful midday U.S. trading Wednesday. Traders of the two precious metals are awaiting a major U.S. economic report on Thursday morning.
Read moreCentral banks add 20 tonnes of gold in May, Kazakhstan leads the way – World Gold Council
(Kitco News) – Central banks increased their allocations to global gold reserves in May with the National Bank of Kazakhstan leading the pack, according to Marissa Salim, Senior Research Lead, APAC at the World Gold Council.
Read moreGold market analysis for July 2 – 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 2 daily chart alert—bulls keeping chart advantage
(Kitco News) – Wednesday, July 2—July bitcoin futures prices are higher early Wednesday. Bulls have the near-term technical advantage and are close to negating a downtrend line on the daily bar chart.
Read moreMild price gains for gold, silver as they pause ahead of U.S. jobs data
(Kitco News) – Gold and silver prices are a bit higher in quieter early U.S. trading Wednesday. The two precious metals are pausing ahead of a major U.S. economic report on Thursday.
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