Gold must breach $4,155/oz for rally to resume, silver market continues to stabilize – Heraeus
(Kitco News) – Gold prices will need to see a break above $4,155 to confirm that the correction is over and the rally is back underway, while the physical silver market continues to normalize after a wild month that saw prices, premiums and flows surge, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts wrote that the gold’s third-quarter price rise was investor-driven, with strong support from central banks.
Read moreGold modestly up, silver slightly down as both markets stabilize
(Kitco News) – Gold prices are modestly up and silver prices slightly down near midday Monday. The precious metals bulls have stabilized prices after recent higher volatility, which is friendly for both markets.
Read moreSpot gold trades near $4,030/oz after October ISM Manufacturing PMI falls to 48.7
(Kitco News) – Gold is trading near the $4,030 per ounce session high after the latest data showed the U.S. manufacturing sector weakening last month.
Read moreBitcoin November 3 daily chart alert – Prices in trading range, bears have slight technical edge
(Kitco News) – Monday, November 3–November bitcoin futures prices are lower in early trading Monday. Prices are presently trapped in a trading range defined by the support and resistance lines seen on the chart.
Read moreGold market analysis for November 3 – 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 moreGold price firmer as bulls stabilize the market
(Kitco News) – Gold and silver prices are modestly up in early U.S. trading Monday, as the bulls have stabilized prices, which is friendly for both markets.
Read more“Major market top is in” despite record AI rally, strategist warns
(Kitco News) – As Wall Street’s tech-fueled rally sent the S&P 500 to record highs near 6,900 points Friday, Market Strategist Gareth Soloway issued a stark warning, telling Kitco News that the market may have “possibly just put in a major top.”
Read moreGold catches its breath as bulls keep their eyes on $5,000
(Kitco News) – The gold market is ending its second week in negative territory as prices hover around $4,000 an ounce.
Read moreWall Street finely balanced on the fence, Main Street leans bullish on gold with meaningful data on the docket next week
The latest Kitco News Weekly Gold Survey showed industry experts as neutral and evenly balanced as they’ve ever been, while retail traders grew more bullish after gold’s resilient performance.
Read moreGold should continue to consolidate around $4,000 an ounce
(Kitco News) – Despite continued selling pressure, gold appears to be getting comfortable around the $4,000-per-ounce level as markets wait for more clarity surrounding U.S. monetary policy.
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