Safe haven disconnect: Gold soars while the dollar stalls
(Kitco News) – Conflict has once again erupted in the Middle East following Israel’s attacks on Iran.
Read moreWall Street bets on gains for gold next week, Main Street maintains a more cautious stance as rate decisions loom
The latest Kitco News Weekly Gold Survey showed industry experts firmly bullish on gold’s prospects, while it was retail traders’ turn to pull back a bit despite gold’s solid gains.
Read moreChaos in the Middle East drives gold to record weekly close above $3,400
(Kitco News) – Chaos in the Middle East is fueling renewed safe-haven demand for gold, pushing prices above $3,400 an ounce and resulting in the highest weekly close on record.
Read moreGold is dominating safe-haven flows over USD following Israel’s attack on Iran – El-Erian
(Kitco News) – After surging to its highest level since April’s all-time highs, the gold market is experiencing some expected profit-taking.
Read moreGold has little downside even as prices trade above $3,400 an ounce – BCA’s Roukaya Ibrahim
(Kitco News) – Gold prices have broken out above initial resistance at $3,400 an ounce but continue to consolidate well below April’s all-time highs of $3,500 an ounce.
Read moreGold has little downside even as prices trade above $3,400 an ounce – BCA’s Roukaya Ibrahim
(Kitco News) – Gold prices have broken out above initial resistance at $3,400 an ounce but continue to consolidate well below April’s all-time highs of $3,500 an ounce.
Read morePreliminary Consumer Sentiment rises to 60.5 in June, inflation fears recede but uncertainty persists
(Kitco News) – The gold market is trading higher ahead of the weekend after the latest data showed consumer sentiment in the U.S. improving more than expected, while inflation expectations pulled back from their elevated levels.
Read moreRecession already underway, market still asleep, Rosenberg warns
(Kitco News) – The U.S. economy is already in recession, even if markets have yet to wake up to it, says David Rosenberg, founder and chief economist at Rosenberg Research.
Read moreGold price sharply higher following Israeli attacks on Iran
(Kitco News) – Gold prices are solidly up and hit a five-week high in early U.S. trading Friday, on strong safe-haven demand following the overnight Israeli attacks on Iran that are being called major.
Read moreBitcoin June 13 daily chart alert – Bulls wilting amid sell off
(Kitco News) – Friday, June 13—June bitcoin futures prices are lower again in early U.S. trading Friday, as the bulls have run out of gas late this week.
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