Solid gains for gold amid slumping USDX, dip in bond yields
(Kitco News) – Gold prices are sharply higher up and silver prices moderately up in midday U.S. trading Tuesday.
Read moreGold prices hold sold gains as U.S. JOLTS job openings rise to 7.8 million
(Kitco News) – The gold market is holding on to solid gains, trading back above $3,300 an ounce, even as the U.S. labor market remains fairly resilient, with job openings rising more than expected in May.
Read moreSpot gold trading above $3,350/oz after ISM Manufacturing PMI rises to 49 in June
(Kitco News) – Gold is trading near the $3,350 per ounce level after the latest data showed the U.S. manufacturing sector improved last month.
Read moreBitcoin July 1 daily chart alert—bulls have the technical edge
(Kitco News) – Tuesday, July 1—July bitcoin futures prices are again near steady Tuesday. Trading has been less volatile recently. This price pause is not bearish and suggests the bulls are storing up energy for a fresh upside burst.
Read moreGold market analysis for July 1 – 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 sharply up as USDX slumps, U.S. bond yields decline
(Kitco News) – Gold prices are sharply higher up and silver prices solidly up in early U.S. trading Tuesday. The two precious metals are being boosted on this day by a depreciating U.S. dollar index that hit a 3.5-year low overnight, and by falling U.S…
Read moreIs organic growth the future of mining? Canada’s next gold mine could lead the way
(Kitco News) – While multi-million-ounce gold deposits are becoming increasingly difficult to find, there is still plenty of gold in the hills, according to one mining executive. However, producers have to engage in some creative thinking to extract it.
Read moreGold is witnessing a regime change as new factors drive bullion price – RBC’s Joseph Wu
(Kitco News) – Since the longstanding inverse relationship between gold and real interest rates has broken down, the yellow metal’s price moves are increasingly driven by different forces, according to Joseph Wu, Vice President and Portfolio Manager at RBC Wealth Management.
Read moreGold price firmer on perceived bargain hunting
(Kitco News) – Gold prices are moderately up and silver prices are slightly lower in midday U.S. trading Monday. Gold hit a five-week low overnight but then would-be bargain hunters stepped in to buy the dip.
Read moreSilver struggles at $36, but Natixis remains bullish on upside potential
(Kitco News) – Silver is struggling to hold critical support at $36 an ounce as gold prices continue to consolidate below $3,300. However, one analyst says silver still has plenty of upside momentum as it breaks away to forge its own path.In his latest…
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