Gold prices won’t stop rallying even as New York Fed reports improved activity in manufacturing sector
(Kitco News) – Although gold prices are off their overnight highs, the precious metal continues its unrelenting rally in record territory near $4,200; it is paying little attention to better-than-expected manufacturing data from the New York Federal Re…
Read moreStrong price gains push gold to record high
(Kitco News) – Gold prices are sharply higher and December gold hit a record peak of $4,235.80. Silver prices are also sharply up today.
Read moreBitcoin October 15 daily chart alert – Bulls still on the ropes
(Kitco News) – Wednesday, October 15–October bitcoin futures prices are lower in early U.S. trading Tuesday. Bulls are still reeling as serious near-term technical damage has occurred.
Read moreGold market analysis for October 15 – 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 moreBank of America calls for $5000 gold and $65 silver in 2026
(Kitco News) – Despite the risk of some near-term volatility and potential consolidation, gold and silver remain in unstoppable uptrends as Bank of America expects prices to reach $5,000 and $65 an ounce, respectively, next year.
Read moreJobs and inflation have not changed much, but growth may be better than expected – Fed Chair Powell
(Kitco News) – Federal Reserve chair Jerome Powell said the central bank has its own contacts and data sources for monitoring the health of the U.S. economy despite the Federal government shutdown, and both inflation and employment do not appear to have changed significantly since the last Fed meeting.“Although some important government data have been delayed due to the shutdown, we routinely review a wide variety of public- and private-sector data that have remained available,” Powell told the National Association for Business Economics in Philadelphia on Tuesday.
Read moreGold price up, silver steady; bulls showing signs of exhaustion
(Kitco News) – Gold prices are modestly higher and silver prices near steady in early U.S. trading Tuesday. December gold hit a record high of $4,190.90 overnight, while December silver futures notched an all-time high of $52.495.
Read moreGold price could go ‘a lot higher’, and miners are still undervalued after 100% gains – BlackRock’s Hambro
(Kitco News) – Even as gold prices approach the once-unthinkable $4,200 per ounce level, the yellow metal could rise much higher still – and there’s even more upside in the mining equities than in the metals themselves, according to Evy Hambro, global head of thematic and sector investing at BlackRock.Hambro was asked whether he believes gold producers’ stocks – many of which have doubled in value this year – are now overvalued.
Read moreWisdomTree’s Shah sees silver above $50 as its supply chain is a mess and won’t improve anytime soon
(Kitco News) – Silver prices continue to experience extreme volatility as the market grapples with significant supply chain issues, with physical supply unable to keep pace with robust demand.
Read moreGold price up, silver steady; bulls showing signs of exhaustion
(Kitco News) – Gold prices are modestly higher and silver prices near steady in early U.S. trading Tuesday. December gold hit a record high of $4,190.90 overnight, while December silver futures notched an all-time high of $52.495
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