Preliminary Consumer Sentiment ticks down to 55 in October as inflation expectations rise
(Kitco News) – The gold market is trading slightly higher ahead of the weekend after the latest data showed consumer sentiment in the U.S. holding steady, while near-term inflation expectations rose once again.
Read moreHistory shows silver market may now be in trouble
(Kitco News) – Fundamentals remain solid amid geopolitical hotspots around the globe that continue to produce safe-haven demand, generally easier world central bank monetary policies that hint of better consumer and commercial demand for silver in the coming months, and major industrialized countries hoarding “rare-earth” minerals, including silver.
Read morePrice rebounds for gold, silver – but buckle up
(Kitco News) – Gold and silver prices are higher in early U.S. trading Friday, with silver posting sharp gains. Prices have made a quick rebound from Thursday’s solid losses.
Read moreBitcoin October 10 daily chart alert – Bullish pennant pattern in place
(Kitco News) – Friday, October 10–October bitcoin futures prices are near steady in early U.S. trading Friday. This week, a bullish pennant pattern has formed on the daily bar chart after prices Monday hit a contract/record high.
Read moreGold market analysis for October 10 – 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 moreWGC warns gold market overextended after record ETF demand and $4,000 breakout
(Kitco News) – The gold market has been unable to hold its recent gains above $4,000 an ounce, and while the market could be susceptible to profit-taking in the short term
Read moreSilver pushes above $50: What’s next for the precious metal?
(Kitco News) – In what has been an unprecedented rally, investors are celebrating another major milestone in the precious metals market, with silver pushing above $50 an ounce to new record highs.
Read moreProfit-taking pressure hits gold, silver
(Kitco News) – Gold and silver prices are solidly down near midday Thursday. Profit taking and weak long liquidation from the shorter-term futures traders are featured following recent gains that pushed gold to a record high Wednesday and silver to a 1…
Read moreBrazil buys 16 tonnes of gold in September as central bank demand stays strong
(Kitco News) – Central bank demand has been a critical factor behind gold’s unprecedented rise to record highs above $4,000 an ounce.
Read moreGold isn’t overbought according to ETFs and futures, but other metrics suggest peak price – ByteTree’s Charlie Morris
(Kitco News) – With gold trading above $4,000 this week, many investors and analysts are asking whether the yellow metal is overbought and the top is in. And while the ETF and futures markets suggest that gold prices still have plenty more upside, other metrics are sounding the alarm, according to Charlie Morris, founder and Chief Investment Officer at ByteTree.
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