Even with gold’s momentum, a 5% or 10% correction can happen Natixis’ Dahdah
(Kitco News) – The world is taking notice of gold’s monumental achievement as prices continue to push above $4,000 an ounce. However, one of the first analysts to call this milestone is now warning investors to exercise some caution.
Read moreWeak jobs market forced Fed to act despite high inflation, but fast cuts could threaten price stability – Fed Minutes
(Kitco News) – The Federal Open Market Committee (FOMC) saw a weakening labor market as taking precedence over still-high and rising inflation, but expressed concerns that cutting too quickly could cause inflation expectations to become unanchored, according to the minutes of the Federal Reserve’s Sept. 16-17 meeting released Wednesday afternoon.
Read moreU.S. EV Rollout Stumbles as Charging Remains an ‘Epic Fail’ – LithiumBank’s Kovacevic
(Kitco News) – Investor and LithiumBank founder Gianni Kovacevic says the energy transition is entering a new phase as electrification accelerates and lithium demand surges, creating opportunities for both miners and major industrial players.
Read moreGold will hit $4,400 by Q2 2026, so any correction is a buying opportunity – TDS’ Bart Melek
(Kitco News) – Gold’s definitive move above $4,000 an ounce could create some volatility in the marketplace, but there is very little to stop this bull market’s momentum, according to one market analyst.
Read moreSafe-haven demand continues in powerful bull runs in gold, silver
(Kitco News) – Gold and silver prices are sharply higher in midday U.S. trading Wednesday, with December gold hitting a new contract/record high of $4,072.40.
Read more$4,000 gold reflects ‘deeper shift in investor psychology and global capital flows’ – Saxo Bank’s Hansen
(Kitco News) – Gold’s break above $4,000 is about more than rate expectations and a weaker dollar, but reflects a deeper shift in investor psychology and global capital flows, according to Ole Hansen, head of commodity strategy at Saxo Bank.
Read moreBitcoin October 8 daily chart alert – Bulls have the solid technical advantage
(Kitco News) – Wednesday, October 8–October bitcoin futures prices are but a bit in early U.S. trading Wednesday, after seeing some routine profit taking from the shorter-term traders Tuesday after prices Monday hit a contract/record high.
Read moreGold market analysis for October 8 – 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 price well above $4,000; no early clues record rally close to ending
(Kitco News) – Gold prices are sharply higher in early U.S. trading Wednesday, with December gold hitting a new contract/record high of $4,071.50. Silver prices hit a 14-year high overnight and silver is nearing its record high of just above $50.00.
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U.S. Government Shutdown: What It Means for Gold and Global Markets
By Demetris Christou, Managing Director – AGD Global As many of you are aware, the U.S. federal government has now entered its second week of shutdown, with no solution yet in sight. While shutdowns are not unusual in…
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