Forget $5,000: Bank of America sees gold price hitting $6,000/oz by Spring 2026
(Kitco News) – As markets brace for gold to hit the once-unthinkable $5,000 price level, Bank of America has raised its near-term gold target to $6,000 per ounce – the most aggressive price forecast for the yellow metal from any major institution.
Read moreSpot gold at $4,955/oz after final Consumer Sentiment rises to 56.4, but long-term inflation expectations rise
(Kitco News) – The gold market is approaching its earlier session highs ahead of the weekend after the latest data showed consumer sentiment in the U.S. improving, even as longer-term inflation expectations ticked higher.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for January was 56.4. The data was better than expectations, as the consensus forecast of economists called for a reading of 54, the same as the preliminary reading, and it was also above December’s final reading of 52.9.
Read moreSpot gold at $4,955/oz after final Consumer Sentiment rises to 56.4, but long-term inflation expectations rise
(Kitco News) – The gold market is approaching its earlier session highs ahead of the weekend after the latest data showed consumer sentiment in the U.S. improving, even as longer-term inflation expectations ticked higher.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for January was 56.4. The data was better than expectations, as the consensus forecast of economists called for a reading of 54, the same as the preliminary reading, and it was also above December’s final reading of 52.9.
Read moreGold prices remain well supported within sight of $5K as U.S. flash PMI shows slowing economy
(Kitco News) – Economic activity in the U.S. appears to be stable, but it is not seeing any strong momentum in either the manufacturing or service sectors, which could provide some support for gold as prices continue to trade at record highs within str…
Read moreBitcoin January 23 daily chart alert – Late-week price pause
(Kitco News) – Friday, January 23–February bitcoin futures prices are again near steady in early trading Friday. This late-week pause favors the bears, which have the overall near-term technical advantage as prices are not far above last fall’s lows.
Read moreGold market analysis for January 23 – 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, silver hit new record highs on safe-haven demand, bullish charts
(Kitco News) – Gold prices a bit higher in early U.S. trading and silver prices are soaring and closing in on $100.00 an ounce. Both metals hit new all-time highs overnight.
Read moreSilver is extremely overbought and investors shouldn’t chase prices – BCA’s Ibrahim
(Kitco News) – Silver is continuing its unstoppable rally, establishing a new record high above $95 an ounce; however, more analysts are becoming increasingly cautious on the precious metal.
Read moreGoldman Sachs raises 2026 gold price target to $5,400/oz as private sector joins central bank diversification strategy
(Kitco News) – The private sector is following the trend set by central banks by diversifying into gold, prompting Goldman Sachs to raise its year-end gold price target by more than 10%.Just weeks after setting a year-end target of $4,900 per ounce, the banking giant announced on Wednesday that it was raising its December 2026 price target to $5,400 an ounce.
Read moreGold rallies, following silver, on fresh technical buying
(Kitco News) – Gold prices are higher and near this week’s record high, while silver prices are sharply up and poked to a new all-time peak of $95.885, basis March Comex futures.
Read more