Gold 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
Read moreBitcoin October 14 daily chart alert – Price downdraft extends
(Kitco News) – Tuesday, October 14–October bitcoin futures prices are sharply lower and hit a two-week low in early U.S. trading Tuesday, as the meltdown continues and serious near-term technical damage has occurred.
Read moreGold market analysis for October 14 – 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 more‘All that glitters is fear’ as $5,000 gold is now ‘increasingly inevitable’ – Societe Generale
(Kitco News) – With gold already trading over $4,100 on Monday afternoon following last week’s unprecedented break above $4,000 per ounce, even a conservative projection of the yellow metal’s medium-term investment demand suggests the price could reach $5,000 per ounce by the end of next year, according to commodity analysts at Societe Generale.In the French banking giant’s latest commodity research report published Monday, analysts said that the gold price appears poised to gain another $1,000 in relatively short order.
Read moreGold, silver soar to record highs amid short squeeze in silver
(Kitco News) – Gold and silver prices are sharply higher and hit all-time highs in midday U.S. trading Monday. December Gold futures hit an intra-day record high of $4,124.30 an ounce as of this writing. December silver futures hit an intra-day record …
Read moreGold and silver set new all-time highs, but precious metals now ‘severely overbought’ – Heraeus
(Kitco News) – The precious metals market is flashing warning signals as gold, silver, platinum, and palladium have all entered severely overbought territory by key technical measures, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts wrote that after setting a new all-time high above $51 per ounce last week, “silver’s near vertical rally has triggered a series of cautionary signals across both technical and structural fronts.”
Read moreGold price soars to record high, silver squeezed to near record peak
(Kitco News) – Gold and silver prices are sharply higher in early U.S. trading Monday, with gold hitting another record high and silver very near its record high set in 1980. Safe-haven demand as the U.S. government remains shut down and a short squeez…
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