Silver’s breaking $35, but traders already have their eye on the all-time high at $50
(Kitco News) – After years of disappointment, renewed excitement is building in the silver market as prices rise solidly above $35 an ounce, reaching their highest level in 13 years.
Read moreSilver market price explodes higher, more upside likely; gold, platinum also bullish
(Kitco News) – July Comex silver futures Thursday hit a 13-year high above $36.00 an ounce. This follows price action Monday that saw a strongly bullish upside technical price “breakout” from a choppy and sideways trading range on the daily bar chart.
Read moreGold sees price gains, silver soars to 13-year high
(Kitco News) – Gold prices are posting good gains and hit a four-week high in early U.S. trading Thursday. Silver prices are sharply up and hit a 13-year high.
Read moreGold prices pushing to $4,000 as weekly jobless claims rise by 8k
(Kitco News) – The gold market remains in striking distance of $3,400 an ounce as the U.S. labor market continues to lose momentum.
Read moreBitcoin June 5 daily chart alert – Price pause continues
(Kitco News) – Thursday, June 5 – June bitcoin futures prices are again near steady in early U.S. trading Thursday. Prices have paused this week after the recent sell off.
Read moreGold market analysis for June 5 – 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 pulls back against euro as ECB cuts rates
(Kitco News) – The gold market is coming off its earlier highs against the euro after the European Central Bank cuts interest rates, citing rising economic uncertainty and waning inflation pressures.In an anticipated move, the European Central Bank onc…
Read moreGold is not in a bubble! Prices to hit new highs in second half – Metals Focus
(Kitco News) – While gold prices have consolidated above $3,000 an ounce for the past month, investors have not taken their eyes off April’s all-time highs. According to one research firm, it is only a matter of time before that level is tested and broken.
Read moreWhy juniors could 10x from here – Michael Gentile
(Kitco News) – Gold equities – particularly junior miners – remain deeply undervalued, even as gold hovers near record highs above $3,400 an ounce, according to Michael Gentile, Co-founder of Bastion Asset Management.
Read moreGold and silver break out as ‘macro setup is shifting in favour of precious metals’ – Saxo Bank’s Hansen
(Kitco News) – Gold and silver are breaking out, and the macroeconomic environment is beginning to support a possible run to fresh highs in the metals complex, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank.Hansen wrote that while he and many other strategists were predicting a period of prolonged consolidation, precious metals have surprised to the upside.
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