Gold price near steady, silver sharply down; eyes on stock market
(Kitco News) – Gold prices are not straying far from unchanged in early U.S. trading Friday, while silver prices are sharply lower. U.S. stock market volatility has heated up late this week.
Read moreNew Senate bill demands full audit of U.S. gold reserves, additional refinement to meet global standards
(Kitco News) – U.S. Senator Mike Lee (R-Utah) introduced a bill on Wednesday which, if passed, will trigger the first comprehensive audit of America’s gold reserves in decades.The senate version of the Gold Reserve Transparency Act demands a full inventory, audit, and accounting of all transactions involving U.S. federal government gold. It also calls for a new process for refinement of the gold so that it meets global market standards – as the majority of U.S. gold currently does not.
Read moreShort seller Ganapathi says U.S. regional banking sector will collapse, but real assets like gold will do well
(Kitco News) -Positive third-quarter earnings from chipmaker Nvidia are providing new momentum to U.S. equity markets, and while investment in AI infrastructure continues to dominate Wall Street, one research firm is seeing significant cracks in financ…
Read moreUBS raises upside case for gold to $4,900/oz by Q2 2026 on political and financial risks
(Kitco News) – UBS has raised its 2026 mid-year gold target price to $4,500/oz – up from $4,200 previously – on Fed rate cut expectations, persistent geopolitical risks, fiscal concerns and strong demand from central banks and ETF investors.
Read moreGold, silver modestly down after stronger U.S. jobs report
(Kitco News) – Gold and silver prices are weaker near midday Thursday, following a U.S. employment report for September that was stronger than expected and leaned hawkish on U.S. monetary policy.
Read moreGold market analysis for November 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 moreBitcoin November 20 daily chart alert—Bulls work to stop the bleeding
(Kitco News) – December bitcoin futures prices are up a bit in early trading Thursday and bulls work to stabilize the market after the recent downdraft.
Read moreGold market ignores rise in U.S. existing home sales
(Kitco News) – The gold market, while off its highs, remains in striking distance of $4,100 an ounce even as the U.S. housing market saw a modest improvement last month, with the number of consumers buying a home increasing more than expected, accordin…
Read moreSpot gold trades near $4,075/oz after Philly Fed survey rises to -1.7 in November
(Kitco News) – The gold market is trading near flat on Thursday morning after the Philadelphia Federal Reserve’s manufacturing sector survey improved but remained in contractionary territory this month.
Read moreSpot gold approaches $4,100/oz after U.S. weekly jobless claims fall to 220k
(Kitco News) – Gold prices were rising toward the $4,100 per ounce threshold following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was lower than economists’ forecasts.
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