Wall Street bears turn tail after gold rises to $5,100/oz, Main Street bullishness unchanged as Iran tensions mount
The latest Kitco News Weekly Gold Survey showed Wall Street awash in bullish gold sentiment once again, while Main Street investors held fast to their moderate bullish majority for the third straight week.
Read moreGold reclaims $5,000 as Middle East tensions boost safe-haven demand
(Kitco News) – After a relatively quiet week, gold has managed to reclaim the $5,000-an-ounce level ahead of the weekend as investors seek insurance to hedge against geopolitical uncertainty and chaos in the Middle East if America launches an attack on…
Read moreGold continues to rally after Supreme Court strikes down Trump tariffs, experts say the battle is far from over
(Kitco News) – The U.S. Supreme Court struck down Donald Trump’s trade tariffs on Friday morning, and while the decision ostensibly removed a massive source of uncertainty from the market, after a short dip, gold resumed its steady upward trend as if nothing had changed, setting fresh daily highs as it followed the exact same trajectory it was on before the ruling was announced.
Read moreThe U.S. K-shaped economy just keeps getting worse – LegalShield’s Layton
(Kitco News) – Overall consumer spending continues to rise, supporting the appearance of broader economic resilience. But beneath the surface of steady retail sales and solid GDP prints, more Americans appear to be falling further behind on their bills.
Read moreCan gold prices hold $5,000 as the U.S. housing market looks for stability
(Kitco News) – The U.S. housing market is showing some signs of stability as American consumers bought more new homes in December than expected.
Read moreSpot gold shoots to session high above $5,060/oz as flash S&P PMI worst in 10 months
(Kitco News) – The gold market is trading at fresh session highs after the latest U.S. data showed the services and manufacturing sectors weakening beyond expectations this month.S&P Global reported on Friday that its flash Composite Purchasing Managers Index (PMI) fell to 52.3 in February, down from January’s reading of 53. The number was below expectations, as economists had forecasted a reading of 52.6.
Read moreGold prices holding above $5,000 as U.S. GDP rises 1.4% in Q4
(Kitco News) – The U.S. economy ended 2025 on weak footing, as economic activity was significantly weaker than expected. At the same time, inflation remains stubbornly elevated, which analysts have said is a healthy environment for gold.
Read moreBitcoin Feb. 20 daily chart alert – Bigger move coming soon
(Kitco News) – Friday, February 20–February bitcoin futures prices are once again near steady in quieter U.S. trading early Friday. Not much new, technically this week.
Read moreGold market analysis for February 20 – 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 morePrice gains for gold, silver on some safe-haven demand
(Kitco News) – Gold prices are trading modestly up and silver prices sharply up in early U.S. trading Friday. Safe-haven demand is featured in the two metals as the U.S. appears to be on the brink of war with Iran.
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