Gold, silver rout was about positioning, not fundamentals – Société Générale
(Kitco News) – Gold and silver continue to struggle as investors come to grips with the broad market collapse on Friday. Although prices have room to fall further, commodity analysts at Société Générale still see asymmetric upside risk through the year.
Read moreGold, silver lower in choppy, volatile trading
(Kitco News) – Gold and silver prices are lower and in the middle of their wide daily trading ranges in midday U.S. trading Monday, after dropping to four-week lows overnight and in the aftermath of last Friday’s record-setting session.
Read moreGold, silver lower in choppy, volatile trading
(Kitco News) – Gold and silver prices are lower and in the middle of their wide daily trading ranges in midday U.S. trading Monday, after dropping to four-week lows overnight and in the aftermath of last Friday’s record-setting session.
Read moreGold selloff sparked by Fed certainty, not Warsh selection, silver is ‘always a death trap’ – StoneX’s O’Connell
(Kitco News) – Friday’s dramatic metals selloff – the largest liquidity event in market history – was catalyzed by sudden clarity about the future of the Federal Reserve, according to Rhona O’Connell, Head of Market Analysis for EMEA & Asia at StoneX.“Main hook for the correction? Friday’s announcement of the nomination for Fed Chair,” she wrote in a note on Monday. “I don’t think the fact that it’s Kevin Warsh makes any difference, given that the Fed is a voting Board, not a one-man band. It could have been anyone, on that basis.”
Read moreGold selloff sparked by Fed certainty, not Warsh selection, silver is ‘always a death trap’ – StoneX’s O’Connell
(Kitco News) – Friday’s dramatic metals selloff – the largest liquidity event in market history – was catalyzed by sudden clarity about the future of the Federal Reserve, according to Rhona O’Connell, Head of Market Analysis for EMEA & Asia at StoneX.“Main hook for the correction? Friday’s announcement of the nomination for Fed Chair,” she wrote in a note on Monday. “I don’t think the fact that it’s Kevin Warsh makes any difference, given that the Fed is a voting Board, not a one-man band. It could have been anyone, on that basis.”
Read moreGold investors are rattled, but the selloff will build a stronger foundation – Metals Focus
(Kitco News) – Gold’s dramatic pullback amidst its record-setting rally has rattled markets, but according to Metals Focus, the recent turbulence should not be mistaken for the end of the bull market.
Read moreGold investors are rattled, but the selloff will build a stronger foundation – Metals Focus
(Kitco News) – Gold’s dramatic pullback amidst its record-setting rally has rattled markets, but according to Metals Focus, the recent turbulence should not be mistaken for the end of the bull market.
Read moreGold prices holding support at $4,700 as ISM Manufacturing PMI sees sharp increase
(Kitco News) – The gold market is testing support near $4,700 an ounce and is holding the line even as the U.S. manufacturing sector sees better-than-expected activity in January, supporting economic growth in the new year.
Read moreGold prices holding support at $4,700 as ISM Manufacturing PMI sees sharp increase
(Kitco News) – The gold market is testing support near $4,700 an ounce and is holding the line even as the U.S. manufacturing sector sees better-than-expected activity in January, supporting economic growth in the new year.
Read moreBitcoin February 2 daily chart alert – Bears in firm control amid price downtrend
(Kitco News) – Monday, February 2–February bitcoin futures prices are lower and hit another contract low and new low for the year in early trading Monday.
Read more