Gold market analysis for July 9 – 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 morePrice pressure on gold amid better risk appetite in marketplace
(Kitco News) – Gold and silver prices are lower in early U.S. trading Wednesday. Less risk aversion in a quieter, summertime trading atmosphere at present is bearish for the safe-haven metals.
Read moreCopper prices rocket 11% higher in mad scramble following tariff threat: Is silver next to explode?
(Kitco News) – Copper prices exploded to record highs on Tuesday after President Donald Trump shocked markets with a surprise 50% tariff on all imported copper, triggering a rush of U.S. buying and global supply fears.
Read moreBitcoin could set new all-time high above $112k this month – Bitget’s Ryan Lee
(Kitco News) – Risk-on sentiment has returned with a vengeance as equity indexes set new all-time highs, and the combination of fiscal fears and a rising money supply means Bitcoin could soon break above its May high, according to Ryan Lee, Chief Analyst at Bitget Research.
Read moreGold down on weak long liquidation from futures traders
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Tuesday. Featured in a quieter summertime trading atmosphere is weak-handed long liquidation from the shorter-term futures traders.
Read moreDespite a slower pace, China’s central bank continues to buy gold
(Kitco News) – Central bank gold buying remains a key pillar of support for the market, helping prices consolidate near $3,300 an ounce. While China has slowed its purchases this year, it continues to play a crucial role in the global gold market.
Read morePerth Mint sees strong gold and silver sales in FY2025
(Kitco News) – The pullback in gold prices last month was a boon to bullion sales, with demand for Australian gold and silver products as well as ETP holdings increasing in June, according to the latest sales data from the Perth Mint.
Read moreChile speeds up permitting for mining and other investment projects
SANTIAGO, July 1 (Reuters) – Chile’s congress approved long-awaited legislation to speed up the permitting process for investment projects in the country on Tuesday.
Read moreExclusive: Next Rio Tinto boss expected to entertain big deals, cut costs, sources say
MELBOURNE/LONDON, July 8 (Reuters) – Rio Tinto’s (RIO.AX), (RIO.L) new CEO, who could be announced as soon as this month, should be open to transformative merger and acquisition deals as well as sharpening productivity and cost cuts, said two people aw…
Read moreExclusive: Mali plans to sell gold reserves at Barrick complex to fund operations
TORONTO/DAKAR/BAMAKO July 8 (Reuters) – The Malian court-appointed administrator of Barrick Mining’s Loulo-Gounkoto complex (ABX.TO) plans to sell one metric ton of gold from the site’s storeroom as operations commence again after an almost six-month s…
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