Breakout rallies in precious metals are not among equals, says BCA’s Ibrahim
(Kitco News) – The entire precious metals sector has seen explosive investment demand, driving prices to multi-year highs. However, according to one market analyst, this breakout is not evenly distributed.
Read morePlatinum’s investment case builds as deficit remains – WPIC
(Kitco News) – A perfect storm appears to be brewing in the platinum market as growing investment demand meets ongoing supply deficits.
Read more‘Clearly weaker’ economy will drive gold through $4,000 in six months – Strategist
(Kitco News) – A top European strategist is forecasting that gold will reach $4,000 an ounce and silver $50 an ounce within the next three to six months, arguing that a rapidly weakening U.S. economy will force the Federal Reserve into aggressive action.
Read moreGold near steady, gets no traction from tame U.S. PPI
(Kitco News) – Gold prices are near steady near midday Wednesday and got little support from a key U.S. inflation report that came in much tamer than expected.
Read moreSpot gold at $3,650/oz as U.S. PPI cools more than expected in August
(Kitco News) – The gold market is experiencing some volatility after the latest data shows U.S. producers saw easing price pressures last month.The headline Producer Price Index (PPI) fell -0.1% in August, following July’s unrevised 0.9% rise, the U.S. Labor Department announced on Wednesday. The latest inflation data was cooler than expectations, as economists looked for a 0.3% increase.
Read moreGold price firmer just ahead of U.S. inflation report
(Kitco News) – Gold prices are firmer and not far below Tuesday’s contract/record highs in early U.S. trading Wednesday. Traders and investors await a key U.S. inflation report this morning.
Read moreBitcoin September 10 daily chart alert – Bulls, bears on neutral technical ground
(Kitco News) – Wednesday, September 10–September bitcoin futures prices are firmer in early U.S. trading Wednesday.
Read moreBitcoin September 10 daily chart alert – Bulls, bears on neutral technical ground
(Kitco News) – Wednesday, September 10–September bitcoin futures prices are firmer in early U.S. trading Wednesday.
Read moreGold market analysis for September 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 moreGold is breaking out as currency debasement and fiscal dominance become inevitable – Sprott’s Paul Wong
(Kitco News) – Last week’s break above $3,500 per ounce in spot gold – with $3,600 following soon afterward – was driven by market participants beginning to connect the dots and realize that currency debasement is the only way governments can meet their debt obligations, according to Paul Wong, market strategist at Sprott Asset Management.
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