Gold market analysis for September 26 – 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 moreThis key indicator shows gold at its most overbought level since 1980 – Barchart’s Khan
(Kitco News) – Gold continues to set fresh all-time highs and invoke comparisons to decades-old economic conditions and performance levels. Now, the yellow metal has hit another metric not seen in 45 years, according to analysis from Wajeeh Khan at Barchart.com.In an article published on Wednesday, Khan said that after its recent rally, gold is overbought to a degree it hasn’t reached in nearly half a century.
Read moreGold near steady and loses overnight gains after solid U.S. GDP
(Kitco News) – Gold prices are trading not far from unchanged in midday action Thursday. The yellow metal lost its overnight gains following a stronger-than-expected U.S. economic report.
Read moreU.S. existing home sales drop 0.2% in August
(Kitco News) – The gold market continues to experience some profit-taking even as activity in the U.S. housing sector remains fairly subdued, with fewer consumers purchasing existing homes, according to the latest data from the National Association of Realtors (NAR).Total existing-home sales—including single-family homes, townhomes, condominiums, and co-ops—fell 0.2% in August to a seasonally adjusted annual rate of 4 million, the NAR announced Thursday.
Read moreChina’s relentless gold accumulation will keep prices in a decade-long uptrend
(Kitco News) – After a strong start to the year, Chinese gold demand has slowed significantly since the summer. While further demand could remain constrained due to higher prices, one bank says China will remain a dominant player in the marketplace for…
Read moreGold, silver bulls hit the accelerator…again
(Kitco News) – Gold and silver prices are sharply higher in midday U.S. trading Monday. Gold scored another record high today, while silver hit a fresh 14-year high.
Read moreCentral bank gold demand weakens in Q3, U.S. silver demand from solar could slide in 2025 – Heraeus
(Kitco News) – Central banks have pulled back from their torrid pace of gold purchases from earlier this year, while the latest data show U.S. solar capacity could actually drop in 2025, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts wrote that it was no surprise when gold prices dipped following the Fed’s 25-bps rate cut on Wednesday.
Read moreGold price powers to record high; silver at 14-year high
(Kitco News) – Gold and silver prices are sharply up in early U.S. trading Monday. Gold hit another record high, while silver notched a fresh 14-year high.
Read moreBitcoin September 22 daily chart alert – Bulls lose technical advantage
(Kitco News) – Monday, September 22–September bitcoin futures prices are sharply down and hit a two-week low in early U.S. trading Monday.
Read moreGold market analysis for September 22 – 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.
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