Gold price down on profit taking, silver up
(Kitco News) – Gold prices are lower in early U.S. trading Tuesday, on some routine profit-taking pressure from the shorter-term futures traders after hitting a three-week high overnight.
Read moreGold market analysis for February 24 – 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 moreRussia made up to $1.68 billion selling 300,000 ounces of gold in January as prices hit record highs
(Kitco News) – Russia’s central bank sold a significant amount of gold from its reserves in January as prices hit all-time record highs above $5,500 per ounce, according to the latest data from the Central Bank of Russia (CBR).The country sold 300,000 ounces, the CBR announced on Friday, lowering its total gold holdings to 74.5 million ounces. This was the first decrease in Russia’s gold reserves since October.
Read moreSafe-haven rally masks deeper drivers in gold and silver markets- Bawden Capital
(Kitco News) – The ebb and flow of geopolitical uncertainty continues to create unprecedented volatility in the precious metals space, as rising tensions in the Middle East has driven gold prices to $5,200 an ounce and silver prices to $86 an ounce.
Read moreFed easing, geopolitical turmoil, rising demand will combine to push gold to $6,200/oz by mid-year – UBS
(Kitco News) – Gold has yet to reflect the full impact of the ongoing geopolitical escalation surrounding Iran, and once the Fed’s easing rate path and the overall market’s rising demand are considered, prices are likely to gain an additional $1,000 per ounce by June, according to analysts at UBS.
Read moreCopper’s $250 billion funding gap pushes streaming giants deeper into mine finance, says Rick Rule
(Kitco News) A widening capital shortfall in copper is reshaping how large-scale projects are financed, with royalty and streaming companies emerging as pivotal sources of funding, according to veteran metals investor Rick Rule.
Read moreCopper’s $250 Billion Funding Gap Pushes Streaming Giants Deeper Into Mine Finance, Says Rick Rule
(Kitco News) A widening capital shortfall in copper is reshaping how large-scale projects are financed, with royalty and streaming companies emerging as pivotal sources of funding, according to veteran metals investor Rick Rule.
Read moreSell gold, buy Treasuries? BI’s McGlone sees risk of reversion in 2026
(Kitco News) – After reclaiming the $5,000 level on geopolitical uncertainty, gold is seeing some follow-through buying at the start of a new trading week; however, one market strategist warns investors that the precious metal’s elevated volatility does not bode well for further gains through 2026.
Read moreGold and silver will wait to benefit from lower rates, Ghana and Hecla reflect shifting priorities in precious metals markets – Heraeus
(Kitco News) – Gold and silver will have to wait a little longer before they get the added push of lower interest rates, while high precious metals prices are impacting national and corporate priorities among producers, according to precious metals analysts at Heraeus.In the latest update, the analysts wrote that gold’s price consolidation is continuing, and while U.S. dollar strength may be a headwind in the near term, interest rate cuts will likely be supportive later in the year.
Read moreGold and silver will wait to benefit from lower rates, Ghana and Hecla reflect shifting priorities in precious metals markets – Heraeus
(Kitco News) – Gold and silver will have to wait a little longer before they get the added push of lower interest rates, while high precious metals prices are impacting national and corporate priorities among producers, according to precious metals analysts at Heraeus.In the latest update, the analysts wrote that gold’s price consolidation is continuing, and while U.S. dollar strength may be a headwind in the near term, interest rate cuts will likely be supportive later in the year.
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