Gold price modestly up; muted reaction to U.S. strikes on Iran
(Kitco News) – Gold and silver prices are up just a bit in early U.S. trading Monday. Surprisingly, risk aversion is not highly elevated after the weekend U.S. military strikes on Iran’s nuclear plants. Reads a DowJones Newswires headline today: “Markets amazingly calm after U.S. attacks on Iran.” I’ve been a full-time markets watcher for 40 years, and I would call today “eerily calm.” August gold was last up $7.50 at $3,393.20. July silver prices were last up $0.108 at $36.125.
Read moreGold price modestly up; muted reaction to U.S. strikes on Iran
(Kitco News) – Gold and silver prices are up just a bit in early U.S. trading Monday. Surprisingly, risk aversion is not highly elevated after the weekend U.S. military strikes on Iran’s nuclear plants. Reads a DowJones Newswires headline today: “Markets amazingly calm after U.S. attacks on Iran.” I’ve been a full-time markets watcher for 40 years, and I would call today “eerily calm.” August gold was last up $7.50 at $3,393.20. July silver prices were last up $0.108 at $36.125.
Read moreBitcoin June 23 daily chart alert—bears now working on price downtrend
(Kitco News – Monday, June 23—June bitcoin futures prices are lower and hit a six-week low in early U.S. trading Monday.
Read moreBitcoin June 23 daily chart alert—bears now working on price downtrend
(Kitco News – Monday, June 23—June bitcoin futures prices are lower and hit a six-week low in early U.S. trading Monday.
Read moreGold market analysis for June 23 – 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 moreWall Street evenly divided on gold’s near-term direction, Main Street retains its bullish bias with a raft of consumer data on deck
The latest Kitco News Weekly Gold Survey showed industry experts evenly divided on gold’s near-term prospects, while retail traders retained their slight bullish bias.
Read moreGold holds $3,370 as Fed stalls, Trump pressures Powell, Bloomberg’s McGlone warns of ‘dangerous’ calm
(Kitco News) – Gold prices are holding firm near $3,370 an ounce after pulling back from a recent high of $3,454, with the Federal Reserve pausing interest rates
Read moreGold looks tired, but investors still see value in holding a safe-haven asset over the weekend
(Kitco News) – The gold market could continue to see further profit-taking and consolidation through the summer, but Friday’s price action shows that investors still want some exposure to this important safe-haven asset heading into a volatile weekend.
Read moreSpot gold trades near $3,345/oz after Philly Fed survey holds at -4 in June
(Kitco News) – The gold market is trading near $3,345 per ounce on Friday morning after the Philadelphia Federal Reserve’s manufacturing sector survey held steady in contractionary territory this month.
Read morePrice pressure on gold, silver on profit taking
(Kitco News) – Gold and silver prices are lower in early U.S. trading Friday. The shorter-term futures trader bulls are squeamish heading into the weekend and are ringing the cash register and taking profits.
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