Gold price down following tame U.S. inflation data, Trump comments
(Kitco News) – Gold prices are weaker in early U.S. trading Friday but up from overnight lows following a new social media post from President Trump that somewhat rattled the stock market bulls and after a key U.S. inflation report that was deemed as n…
Read moreBitcoin May 30 daily chart alert – Bulls fading a bit
(Kitco News) – Friday, May 30—June bitcoin futures prices are lower in early U.S. trading Friday. Bulls still have the firm overall near-term technical advantage but have faded a bit and need to show fresh power soon to keep a price uptrend alive on the daily chart.
Read moreGold market analysis for May 30 – 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 moreDavid Einhorn reflects on gold, and markets at Sohn Montreal Conference
(Kitco News) – David Einhorn, Founder of Greenlight Capital, has been a vocal gold bull for 17 years—but that wasn’t always the case during his 30 years of running a hedge fund.
Read moreGold’s ‘big long’: Trust in Fiat money is evaporating, ‘In Gold We Trust’ author warns
(Kitco News) – The world is not running out of cash, it is running out of confidence.
Read moreBattle of the bonds and gold’s role in portfolios – Sohn Conference Montreal
(Kitco News) – Demand for safe-haven assets continues to grow as investors seek protection from ongoing economic turmoil. A key question attracting attention is: What role do bonds play in a portfolio alongside alternative assets like gold?
Read moreGold sees solid gains on weaker greenback, dip in Treasury yields
(Kitco News) – Gold prices are posting good gains in midday U.S. trading Thursday. Silver prices are moderately up. A drop in the U.S. dollar index and a dip in U.S. Treasury yields on this day are friendly for the precious metals.
Read moreDespite Q1 GDP contraction and jobless claims rise, court ruling on Trump tariffs means the Fed is unlikely to cut in 2025 – Comerica Bank
(Kitco News) – Despite Thursday morning’s Q1 GDP revisions showing contraction and jobless claims data worsening, the court ruling invalidating Trump’s tariff authority means the Fed is now even less likely to cut rates this year, according to Bill Adams, Chief Economist for Comerica Bank.
Read moreGold prices holding gains as U.S. pending home sales drop 6.3% in April
(Kitco News) – The U.S. housing market continues to face major headwinds as fewer consumers are even starting the process of buying a new home, according to the latest data from the National Association of Realtors (NAR).
Read moreGold prices catching a safe-haven bid as U.S. GDP contracts 0.2% in Q1
(Kitco News) – The U.S. economy may not be in as bad a shape as initially expected, but the nation’s Gross Domestic Product (GDP) remains in contraction territory, continuing to support gold’s current safe-haven appeal.The second estimate of U.S. GDP showed the economy contracted by 0.1% in the first quarter of 2025, the Bureau of Economic Analysis announced Thursday. The data was better than expected, as economists had forecast the contraction would remain unchanged at 0.3%.The report noted that trade imbalances remain the primary driver behind the contraction.
Read more