Latest News

Gold Solidly Lower Amid Risk-On Trading Environment

Gold prices are seeing solid selling pressure and hit a new low for the week in early U.S. trading Thursday, as rallying world stock markets this week are prompting selling interest in the safe-haven metal.

Gold Pressured By Risk-On Attitudes

Global stock markets were again mostly firmer overnight as this week has seen a marked increase in investor risk appetite, amid ideas the world’s major central banks will continue to pump money into their economies.

Gold Losing Ground Against Pound As BOE Surprises With No Rate Cut

(Kitco News) – In Currency markets, gold is seeing its biggest losses against the British pound as the Bank of England surprised markets and kept interest rates unchanged at 0.5% Thursday.

Dow futures up 100 points; BOE surprises with no rate move

U.S. stocks were on track to extend their run into record book on Thursday, though futures took a slight step back after a surprise decision by the Bank of England to leave monetary policy unchanged.

Gold Rises As Equities Take A Breather And Dollar Strength Subsides

Stocks in the U.S. are wavering between gains and loses without any truly clear sentiment prevailing. The fed’s Beige Book that treated with economic conditions across the country from mid-May through the end of June described moderate growth, almost no price pressure and extremely modest wage pressure, most of which was confined to the Cleveland, Chicago and San Francisco areas.

Midday: Gold up $10.00, Oil down, Fed fades

Midday: Gold up $10.00, Oil down, Fed fades

Gold Gains On Bargain Hunting, Bullish Charts

Gold prices ended the U.S. day session moderately higher Wednesday on a corrective bounce as traders once again “bought the dip” after Tuesday’s solid selling pressure.

Why This Miner Thinks Gold is in a New Bull Uptrend

The gold market still has room to move higher even if it is overheating and probably due for a small correction, this according to one mining executive.

Vote Now In The Kitco Weekly Gold Survey

Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.