Move over, central banks: Sovereign wealth funds are also buying tonnes of gold
(Kitco News) – Gold is once again at the center of global financial strategy—not just for central banks, but for sovereign wealth funds looking to hedge risks and preserve value.
Read moreGold sees heavy profit taking after hitting 5-week high overnight
(Kitco News) – Gold prices are sharply lower near midday Wednesday, on solid profit taking after hitting a five-week high overnight.
Read moreDovish Fed comments suggest FOMC intrigue, gold will challenge $3,500 soon – Commerzbank’s Nguyen
(Kitco News) – Gold prices are getting a boost from an outspoken dove at the FOMC who may be angling for Powell’s job, and the yellow metal should be bumping up against the April all-time high of $3,500 per ounce in short order, according to Thu Lan Nguyen, head of FX and commodity research at Commerzbank.
Read moreGold prices holding support above $3,400 as U.S. existing home sales fall 2.7%
(Kitco News) – Gold prices are holding support above $3,400 an ounce but are struggling to attract renewed safe-haven demand even as the U.S. housing market continues to struggle.
Read moreFreeport Reports $790M in Adjusted Q2 Earnings, Topping Estimates
(Kitco News) – Freeport (NYSE: FCX), one of the world’s largest copper producers and a major gold miner, reported stronger-than-expected second-quarter earnings, driven by higher metal prices and lower costs.
Read moreBitcoin July 23 daily chart alert – Choppy and sideways action, but bulls hold the edge
(Kitco News) – Wednesday, July 23—July bitcoin futures prices are weaker in early trading Wednesday. Not much new at mid-week, in quieter summertime trading.
Read moreGold price slightly down as risk appetite up-ticks
(Kitco News) – Gold prices are just a bit weaker in early U.S. trading Wednesday, after hitting a five-week high overnight. Silver prices are firmer and hit a nearly 14-year high today.
Read moreGold market analysis for July 23 – 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 moreFed payouts a “quiet subsidy,” congress must reassert constitutional power over money – Judy Shelton
(Kitco News) – Economist Judy Shelton issued a blistering critique of the Federal Reserve’s interest-on-reserve policy on Tuesday.
Read moreRussian precious metal sales to China up 80% to $1 billion in H1 2025
(Kitco News) – Russia’s precious metals exports to China nearly doubled in value during the first half of 2025, according to the latest trade data.
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