Gold, silver slip on profit taking, weak long liquidation
(Kitco News) – Gold and silver futures markets are lower in midday U.S. trading Tuesday. Profit taking and selling from weak-handed long positions in the futures markets are featured today, amid upbeat trader and investor attitudes.
Read moreCurrent gold price weakness is a buying opportunity before Fed’s Powell speech on Thursday: TD Securities
(Kitco News) – Gold is consolidating ahead of the Federal Reserve Chair Jerome Powell’s keynote address at the virtual Jackson Hole Symposium on Thursday, says TD Securities.
Read morePlatinum looks attractive as discount to gold sits near record levels
(Kitco News) – Platinum looks attractive as discount to gold sits near record levels
Read moreGold price falls to session lows, disappointing U.S. consumer confidence fails to attract a bid
(Kitco News) – The gold market is struggling to find new buying momentum, with prices hovering near session lows even as U.S. consumer confidence fall more than expected, according to the latest data from the U.S. Conference Board.
U.S. new homes sales beat expectations in July, gold price falls to daily lows
(Kitco News) – Gold hit new session lows after the U.S. new home sales beat expectations in July, rising 13.9% versus the expected 1.3% advance.
Read moreGold, silver see price weakness amid rallying equities
(Kitco News) – Gold and silver futures markets are modestly lower in early U.S. trading Tuesday. Upbeat trader and investor attitudes that are propelling global stock markets higher are a negative for the safe-haven metals.
Read moreBitcoin daily chart alert – Current pause is not bearish – Aug. 25
(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker Tuesday. The market has paused recently amid choppy trading, which is not bearish. Bulls still have the solid overall near-term technical advantage.
Read moreALX Resources announces Rio Tinto Exploration earn-in for the Falcon Nickel project
(Kitco News) – Due to a naming conflict with another Rio Tinto mineral exploration project located in the province of Saskatchewan, ALX and Rio Tinto have mutually agreed to change the name of the Falcon Nickel project to the Firebird Nickel project.
Read moreNevada Copper resumes operations
(Kitco News) – The stockpiled ore will be supplemented with additional development ore and subsequent stope ore hoisted via the East North Ventilation Shaft (ENVS). Material will continue to be hoisted from the ENVS until work on the Main Shaft has bee…
Read moreGold at $3,000? ‘Upward gold price trajectory to accelerate’ – Bloomberg Intelligence
(Kitco News) – Gold’s upward price trajectory is likely to accelerate, according to Bloomberg Intelligence, which sees substantial gains in store for gold once the U.S. dollar and equities enter their bear markets.
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