Gold price is more likely to break above $4,000 than below $3,000 this year – State Street’s Aakash Doshi
(Kitco News) – With a growing number of market participants looking toward a price target of $4,000, investors should get comfortable with gold above $3,000 an ounce, as that could now be the new floor in the marketplace, according to one analyst.
Read moreProfit taking, improved risk appetite pressure gold prices
(Kitco News) – Gold prices are lower in midday U.S. trading Monday, after hitting a five-week high overnight. Risk appetite has improved a bit to start a U.S. holiday-shortened trading week, evidenced by higher stock markets in the U.S. and overseas
Read moreMiddle East chaos won’t drive gold prices to $4,000, but this will – Bank of America
(Kitco News) – Gold prices have fallen back below $3,400 an ounce as the conflict between Israel and Iran has not seen regional escalation.
Read moreSpot gold holds near $3,416/oz after New York manufacturing index falls to -16
(Kitco News) – Manufacturing activity in the New York region slid deeper into contractionary territory this month, according to the latest figures published by the New York Federal Reserve.
Read moreBitcoin June 16 daily chart alert – bulls have chart edge, but stiff overhead resistance
(Kitco News) – Monday, June 16—June bitcoin futures prices are firmer in early U.S. trading Monday. Bulls still hold the overall near-term technical advantage but have lost steam as strong overhead resistance looms at the May high.
Read moreGold market analysis for June 16 – 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 weaker as risk appetite improves a bit
(Kitco News) – Gold prices are lower in early U.S. trading Monday, after hitting a five-week high overnight. Risk appetite has improved a bit to start a U.S. holiday-shortened trading week.
Read moreSafe 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.
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