Strong price pressure on gold, silver, as risk appetite keener
(Kitco News) – Gold and silver prices are posting strong losses in early U.S. trading Monday, following the weekend news that the U.S. and China are close to a major trade agreement.
Read moreBitcoin October 27 daily chart alert – Bulls back in business
(Kitco News) – Monday, October 27–November bitcoin futures prices are higher again early Monday. Bulls have negated a price downtrend on the daily bar chart and are now working on a fledgling price uptrend.
Read moreGold market analysis for October 27 – 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 moreWall Street pulls back after price rout, Main Street holds slim bullish majority with the Fed in focus
(Kitco News) – After gold prices saw one of their worst days in years – and the rally failed to set a 10-week record streak of gains – traders, experts, and regular investors were left wondering what comes next for the yellow metal.
Read moreUS debt accelerates through $38 trillion: Has gold peaked?
(Kitco News) – Gold has never seen a 10-week winning streak, and that record remains unbroken as the market was unable to recover from Tuesday’s colossal sell-off. Prices dropped more than 5%, marking their biggest decline in five years.
Read moreGold’s rally on pause: Analysts see correction as ‘healthy’ before next leg higher
(Kitco News) – After nine consecutive weeks of higher prices, the gold market looks set to end the week in negative territory following a dramatic and volatile selloff.
Read moreEcclestone breaks down gold correction, dollar erosion, and oversupply risks
(Kitco News) – Gold’s sharp US$400 retreat this month marks a necessary reset after months of exuberance, says Christopher Ecclestone, Principal and Mining Strategist at Hallgarten + Company. Speaking with Kitco Mining’s Digging Deep, Ecclestone said the pullback was consistent with his early-October forecast that precious metals were “looking very toppy.”
Read moreSpecial Report: Gold, silver pare earlier daily losses; expect high volatility again next week
(Kitco News) – Gold and silver prices near midday Friday have clawed back most of their overnight losses following a tame U.S. CPI report that puts the Federal Reserve firmly on track to lower U.S. interest rates by a quarter-point next week.
Read moreGold breaks above $4,130/oz after final Consumer Sentiment drops to 53.6 in October
(Kitco News) – The gold market shot back into positive territory ahead of the weekend after the latest data showed consumer sentiment in the U.S. declining, while longer-term inflation expectations rose higher once again.
Read moreGold market treading water around $4,100 an ounce as S&P flash PMI data shows solid economic activity
(Kitco News) – The U.S. economy remains on solid ground, with activity in both the manufacturing and service sectors continuing to improve, according to the latest data from S&P Global.
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