Central banks were big buyers of gold again in August – World Gold Council
(Kitco News) – After pausing in July, central banks resumed significant buying in August, led by the National Bank of Kazakhstan, with Bulgaria and El Salvador also joining the list of 2025 buyers, according to Krishan Gopaul, Senior Analyst, EMEA, at the World Gold Council.
Read moreSpot gold drops to $3,875/oz after ISM Services PMI falls to 50 in September
(Kitco News) – The U.S. service sector weakened further last month with business activity contracting and price pressures ticking higher, while employment remained in contraction, according to the latest data from the Institute for Supply Management (ISM).The ISM announced on Friday morning that its Services Purchasing Managers Index fell to 50 in September, down from August’s reading of 52. The data was worse than expected, as economists were looking for a reading of 51.7.
Read moreBitcoin October 3 daily chart alert – Good week for the bulls
(Kitco news) – Friday, October 3–October bitcoin futures prices are firmer in early U.S. trading Friday, after hitting a six-week peak on Thursday.
Read moreGold market analysis for October 3 – 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 price up on safe-haven bidding heading into the weekend
(Kitco News) – Gold and silver prices are higher, with silver sharply up, in early U.S. trading Friday and not far below gold’s record high and silver’s 14-year high scored Thursday.
Read moreJPMorgan states the obvious: demand for gold and Bitcoin is the ‘debasement trade’
(Kitco News) – In a comment that feels a little obvious and late to the party, analysts at JPMorgan have officially defined the unprecedented rally in gold and, to a lesser extent, Bitcoin.
Read moreDespite overbought signals, gold’s bullish momentum points to $4,000 target
(Kitco News) – The gold market is seeing solid selling pressure as $3,900 caps the rally for the second consecutive day; however, one market analyst says that even if there is some consolidation, the precious metal still has plenty of bullish momentum …
Read moreCentral Banks, Silver Demand, and Grasberg Mudslide Define Metals Market, says Neil Adshead
(Kitco News) – Precious metals prices are setting new records, and Neil Adshead, consultant analyst at the Commodity Discovery Fund, says the rally is rooted in powerful structural drivers. “A bigger driver is still this move of non-US central banks, encouraged to own less US Treasuries and own more physical bullion,” Adshead told Kitco Mining’s Digging Deep. “The marginal buyer is these central banks.”
Read moreBarrick and Newmont CEOs Step Down in Same-Day Shakeup for Gold Sector
(Kitco News) – In a surprising coincidence, the gold mining sector has seen a major shakeup, as the CEOs of the world’s top gold producers announced their departures on the same day.
Read moreHeavy profit-taking pressure hits gold, silver
(Kitco News) – Gold and silver prices are sharply lower in midday U.S. trading Thursday, on heavy (but not unexpected) profit taking after recent gains that pushed gold futures to a record high and silver a 14-year earlier today.
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