Gold’s geopolitical premium is largely priced in, but watch Fed independence – StoneX’s O’Connell
(Kitco News) – The multi-year gold rally is being driven more by structural uncertainty than inflation, but much of the geopolitical premium from the Iran war may already be priced in, and the biggest uncertainty for gold is now Fed independence, according to StoneX.Speaking on a recent StoneX panel, Rhona O’Connell was asked about the likely direction of gold prices in the current geopolitical environment.
Read moreGold price testing resistance at $5,200 as U.S. existing home sales rise 1.7% in February
(Kitco News) – The gold market is resting at resistance at $5,200 an ounce and paying little attention to the U.S. housing market, as it shows preliminary signs of stabilizing, with consumers buying more existing homes than expected last month.
Read moreGold price testing resistance at $5,200 as U.S. existing home sales rise 1.7% in February
(Kitco News) – The gold market is resting at resistance at $5,200 an ounce and paying little attention to the U.S. housing market, as it shows preliminary signs of stabilizing, with consumers buying more existing homes than expected last month.
Read moreRock beats paper: Gold’s bull run is far from over – Byron King
(Kitco News) – Gold prices continue to hold the line around $5,100 an ounce in what is proving to be a volatile consolidation pattern; however, according to one investor, there is still plenty of upside potential as the global economy faces extreme unc…
Read moreRock beats paper: Gold’s bull run is far from over – Byron King
(Kitco News) – Gold prices continue to hold the line around $5,100 an ounce in what is proving to be a volatile consolidation pattern; however, according to one investor, there is still plenty of upside potential as the global economy faces extreme unc…
Read moreSolid price gains for gold, silver amid weaker USDX
(Kitco News) – Gold and silver prices are higher in early U.S. trading Tuesday, on safe-haven demand amid marketplace uncertainties regarding the war in Iran.
Read moreBitcoin March 10 daily chart alert – Sideways grind favors bulls
(Kitco News) – Tuesday, March 10—March bitcoin futures prices are firmer in early U.S. trading Tuesday. Some chart consolidation is featured amid sideways and choppy trading.
Read moreGold market analysis for March 10 – 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 moreChina’s central bank buys gold for 16th month straight in February despite near-record prices
(Kitco News) – China’s central bank added gold to its reserves for the 16th consecutive month in February, even as escalating geopolitical tensions kept the price of bullion not far from January’s all-time highs.The People’s Bank of China added 30,000 ounces of gold to its reserves last month, bringing its total gold holdings to 74.2 million ounces of gold as of the end of February, valued at approximately $387.6 billion, according to the State Administration of Foreign Exchange (SAFE).
Read moreGold investment demand remains strong despite price volatility – World Gold Council’s Cavatoni
(Kitco News) – Despite gold’s recent disappointing price action, as the precious metal has been unable to hold a safe-haven bid, it continues to attract strong investor interest due to broader geopolitical tensions and shifting macroeconomic conditions, according to the World Gold Council.
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