Spot gold spikes to $3,838/oz as U.S. Consumer Confidence falls to 94.2 in September
(Kitco News) – Gold prices shot back into positive territory after the latest data showed U.S. consumer sentiment declining further than expected this month.The Consumer Confidence Index fell to 94.2 in September, well below economists’ consensus forecast for a 96 reading and also below the upwardly revised 97.8 print from August, the Conference Board announced on Tuesday.
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Building Trust and Transparency: Essential Practices for Pawnbrokers and Gold Buyers
By Demetris Christou, Managing Director – AGD Global In the precious metals trade, reputation is everything. For pawnbrokers and gold buyers, success depends not just on pricing or convenience but on the ability to inspire confidence. Trust and…
Read moreProfit-taking price pressure on gold, silver
(Kitco News) – Gold prices are modestly down and silver prices are lower in early U.S. trading Tuesday. Routine profit taking is featured from the shorter-term futures traders after gold hit a record high and silver a 14-year high on Monday.
Read moreBitcoin September 30 daily chart alert – Bulls clawing back
(Kitco News) – Tuesday, September 30–October bitcoin futures prices are lower in early U.S. trading Tuesday, after posting solid gains on Monday
Read moreGold market analysis for September 30 – 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 moreStrong bull market stampede in gold, silver rumbles on
(Kitco News) – Gold and silver prices are solidly higher near midday Monday, with gold hitting another record high and silver another 14-year high.
Read moreGold sees solid gains against beer and iPhones – Incrementum
(Kitco News) – The gold market continues to see its best annual gains against the U.S. dollar in nearly 50 years.
Read moreChina and India import gold despite record prices, silver stocks fall further, platinum prices could rise higher – Heraeus
(Kitco News) – China and India are seeing strong gold imports even as prices set new highs, while depleting silver stocks are fueling the price rally, and platinum’s tight supply will likely support further price gains, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts wrote that China and India are continuing to import gold despite record-high prices.
Read moreSpot gold trades at $3,828/oz after U.S. pending home sales surprise with 4% rise in August
(Kitco News) – Hopes for a stabilizing U.S. housing market were bolstered after the number of potential home buyers rose beyond expectations last month, according to the latest data from the National Association of Realtors (NAR).
Read moreGold price powers to another all-time high
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday, with gold hitting another record high and silver another 14-year high.
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