Gold struggles as Fed’s Powell says December rate cut is not a forgone conclusion
(Kitco News) – The gold market is struggling to find direction as Federal Reserve Chair Jerome Powell has poured cold water on expectations for a December rate cut.
Read moreGold price consolidates below $4,000 as the Federal Reserve cuts interest rates
(Kitco News) – The gold market is bouncing around $4,000 an ounce as the Federal Reserve lowers interest rates in line with expectations but provides little forward guidance.
Read moreGold’s new floor is $3,000 but that is unlikely to be tested says Natixis
(Kitco News) – A nearly 11% drop in less than two weeks has attracted some buying momentum in the gold market, but one market analyst is warning investors that prices could still go lower. The question now is simply how low.
Read moreGold, silver see routine corrective rebounds
(Kitco News) – Gold and silver prices are higher in midday U.S. trading Wednesday, but down from earlier highs, on corrective rebounds following recent strong selling pressure that inflicted serious chart damage to suggest near-term market tops are in …
Read moreConsumer financial stress hits a five-year high as K economy grows, supporting gold prices
(Kitco News) – Growing economic uncertainty has been a key driver of renewed investment demand for gold. While easing fears have prompted some selling pressure in the precious metal, new data highlight renewed risks for American consumers.
Read moreGold prices largely ignore stagnant U.S. pending home sales data
(Kitco News) – Hopes for a stabilizing U.S. housing market could be dashed after the number of potential home buyers stagnated last month, according to the latest data from the National Association of Realtors (NAR).
Read morePrice rebounds for gold, silver as FOMC on deck
(Kitco News) – Gold and silver prices are solidly higher in early U.S. trading Wednesday, on corrective rebounds following recent strong selling pressure that has inflicted serious chart damage to suggest near-term market tops are in place.
Read moreBitcoin October 29 daily chart alert – Stable market at mid-week
(Kitco News) – Wednesday, October 29–November bitcoin futures prices are near steady in quieter early trading Wednesday. Bulls are working on a fledgling price uptrend on the daily bar chart and have the overall near-term technical advantage.
Read moreGold market analysis for October 29 – 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 moreTether Gold sees its digital assets grow in parabolic rally
(Kitco News) – Investment demand has been a significant driving force for gold through the summer, and the market has seen broad appetite for all precious metal products, including digitalized assets.
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