Spot gold at $3,387/oz after U.S. housing starts fall -9.8% in May
(Kitco News) – Gold prices are trading near flat on the session this morning after the latest U.S. data showed a deteriorating housing market last month.Housing starts fell 9.8% in May to a seasonally adjusted annual rate of 1.256 million units, the Co…
Read moreGold prices continue to consolidate as U.S. weekly jobless claims remain elevated
(Kitco News) – Gold prices continue to consolidate below $3,400 an ounce and are unable to attract any new bullish momentum even as the number of American workers applying for first-time unemployment benefits remains elevated.
Read moreBitcoin June 18 daily chart alert – Bulls hold slight edge amid choppy trading
(Kitco News) – Wednesday, June 18—June bitcoin futures prices are near steady in early U.S. trading Wednesday. Trading remains sideways and choppy at mid-week.
Read moreGold market analysis for June 18 – 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 moreGold price slightly down ahead of FOMC results
(Kitco News) – Gold prices are a bit lower and silver prices a bit higher in quieter early U.S. trading Wednesday.
Read moreGold is now the world’s reserve currency, and Trump’s tariffs and immigration policy will ‘wreck the boat’ – Nassim Taleb
(Kitco News) – The U.S. dollar may still be a good pricing mechanism and medium of exchange, but gold has already become the de facto world reserve currency, and the Trump administration’s tariff and immigration policies are ‘like trying to wreck the boat voluntarily,’ according to Nassim Taleb, author of ‘The Black Swan’ and scientific advisor at Universa Investments.
Read moreCurrency debasement will drive gold price higher – Resolve Asset Management
(Kitco News) – The gold market continues to consolidate below $3,400 an ounce as geopolitical tensions in the Middle East remain contained within the region.
Read moreChina’s gold market cools in May, consumer demand likely to remain weak – World Gold Council
(Kitco News) – China’s gold market took a bit of a breather in May, with prices dropping and ETFs seeing the first outflows in months, and while the central bank continued its string of recent purchases, the latest data point to sustained weakness in consumer demand, according to Ray Jia, Research Head, China at the World Gold Council (WGC).
Read moreProfit taking pressures gold; silver soars to 13-year high
(Kitco News) – Gold prices are lower in midday U.S. trading Tuesday. Risk appetite in the general marketplace has improved a bit this U.S. holiday-shortened trading week and that’s bearish for safe-haven gold
Read moreCentral banks will continue to buy gold and diversify away from the US dollar in the next 12 months – World Gold Council 2025 survey
(Kitco News) – Not only are central banks expected to continue buying gold over the next 12 months, but the precious metal is also attracting significantly more attention from the official sector than at any other time in the past decade, according to …
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