Gold spikes above $4,332/oz as November headline and core CPI cool more than expected
(Kitco News) – The gold market is posting gains after U.S. inflation pressures cooled more than expected last month.The headline Consumer Price Index (CPI) rose by 2.7% over the last 12 months, lower than economists’ forecasts for a 3.1% reading.Annual Core CPI, which strips out volatile food and energy prices, increased by 2.6% in the last 12 months, lower than the 3.0% expectation.The report did not contain month-over-month figures or monthly priors as October’s CPI data was not released due to the U.S. government shutdown.
Read moreSpot gold shoots to session high after Philly Fed survey falls to -10.2 in December
(Kitco News) – Gold prices are rising sharply on Thursday morning after the Philadelphia Federal Reserve’s manufacturing sector survey collapsed far beyond expectations this month.
Read moreSpot gold shoots to session high after Philly Fed survey falls to -10.2 in December
(Kitco News) – Gold prices are rising sharply on Thursday morning after the Philadelphia Federal Reserve’s manufacturing sector survey collapsed far beyond expectations this month.
Read moreGold prices holding support above $4,300 as weekly jobless claims drop
(Kitco News) – Season factors continue to create some volatility in the U.S. labor market even as it remains fairly resilient, with the number of American workers applying for first-time unemployment benefits falling in line with expectations.
Read moreGold prices holding support above $4,300 as weekly jobless claims drop
(Kitco News) – Season factors continue to create some volatility in the U.S. labor market even as it remains fairly resilient, with the number of American workers applying for first-time unemployment benefits falling in line with expectations.
Read moreGold prices holding its ground as ECB leaves interest rates unchanged
(Kitco News) – The gold market is seeing no major surprises in global monetary policy as the European Central Bank leaves interest rates unchanged.
Read moreBitcoin December 18 daily chart alert – Quieter trading action this week
(Kitco News) – Thursday, December 18–January bitcoin futures prices are slightly higher in early trading Thursday. Not much new amid a quieter trading week for BTC.
Read moreBitcoin December 18 daily chart alert – Quieter trading action this week
(Kitco News) – Thursday, December 18–January bitcoin futures prices are slightly higher in early trading Thursday. Not much new amid a quieter trading week for BTC.
Read moreGold market analysis for December 18 – 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 market analysis for December 18 – 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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