Gold remains on the path to $4,000 as the US dollar weakens – Bank of America
(Kitco News) – Gold prices surged to a one-month high above $3,400 an ounce Thursday, supported by persistent U.S. dollar weakness. Analysts at Bank of America expect the rally to continue, maintaining their forecast that the yellow metal will hit $4,0…
Read moreSteeper Treasury yield spreads support gold and silver investment – Saxo Bank’s Hansen
(Kitco News) – The yield spread at the front end of the U.S. Treasury curve has risen to its highest level in over five years, and this is contributing to the attractiveness of gold and silver as investments, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank.
Read moreGold, silver gain on technical buying, weaker greenback
(Kitco News) – Gold and silver prices are higher near midday Thursday, with gold scoring a three-week high and silver a five-week peak. Both markets are being supported by technical buying as their near-term chart postures have become more bullish rece…
Read moreGold holding recent gains as U.S. Pending Home Sales Index falls 0.4% in July
(Kitco News) – Gold prices are holding firm above $3,400 an ounce as fresh signs of weakness in the U.S. housing sector highlight safe-haven demand for the precious metal.
Read moreGold holding steady around $3,400 as US economy grew 3.3% in Q2
(Kitco News) – The gold market continues to trade either side of $3,400 an ounce and is holding its ground even as U.S. economic activity saw a slight improvement in the second quarter.
Read moreSpot gold pulls back to $3,400/oz after U.S. weekly jobless claims fall to 229k
(Kitco News) – Gold prices dipped following the release of in-line labor market data after the number of Americans filing new claims for unemployment benefits was close to economists’ forecasts.
Read morePrice gains for gold and silver, on technical buying
(Kitco News) – old and silver prices are higher in early U.S. trading Thursday, with gold scoring a three-week high and silver a five-week peak.
Read moreBitcoin August 28 daily chart alert – Bulls gain some ground
(Kitco News) – Thursday, August 28–September bitcoin futures prices are firmer in early U.S. trading, as the bulls are making some headway and have a least stabilized prices after hitting a six-week low Tuesday.
Read moreGold market analysis for August 28 – 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 still has room to run as dollar weakens and inflation risks rise – Schroders
(Kitco News) – Gold is once again testing critical resistance just below $3,400 an ounce and could have further to go as inflation pressures rise and investors continue to lose confidence in the U.S. dollar, according to one investment firm.
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