Gold sees solid gains against beer and iPhones – Incrementum
(Kitco News) – The gold market continues to see its best annual gains against the U.S. dollar in nearly 50 years.
Read moreChina and India import gold despite record prices, silver stocks fall further, platinum prices could rise higher – Heraeus
(Kitco News) – China and India are seeing strong gold imports even as prices set new highs, while depleting silver stocks are fueling the price rally, and platinum’s tight supply will likely support further price gains, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts wrote that China and India are continuing to import gold despite record-high prices.
Read moreSpot gold trades at $3,828/oz after U.S. pending home sales surprise with 4% rise in August
(Kitco News) – Hopes for a stabilizing U.S. housing market were bolstered after the number of potential home buyers rose beyond expectations last month, according to the latest data from the National Association of Realtors (NAR).
Read moreGold price powers to another all-time high
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday, with gold hitting another record high and silver another 14-year high.
Read moreBitcoin September 29 daily chart alert – Bulls regain some footing
(Kitco News) – Monday, September 29–October bitcoin futures prices are solidly higher in early U.S. trading Monday on a good rebound from late last week’s selling pressure.
Read moreGold market analysis for September 29 – 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 moreAll that glitters is getting pricier, but demand is not going away
(Kitco News) – The gold market capped off another exciting week, pushing to within $10 of $3,800 an ounce; however, $4,000 remains the major target on everyone’s radar.
Read moreWall Street sees an unstoppable juggernaut in gold, Main Street boosts its bullish sentiment with jobs report on deck
The latest Kitco News Weekly Gold Survey showed Wall Street sentiment as bullish as it’s ever been after gold gained despite numerous headwinds, while Main Street investors grew moderately more optimistic about the precious metal’s near-term prospects.
Read moreGold eyes $3,800 but might need weak labor market data to get there
(Kitco News) – Gold prices have stumbled slightly around $3,800 an ounce, but many analysts do not expect this new resistance level to pose much of a challenge, as inflation is not hot enough to stop the Federal Reserve from continuing down its path of…
Read moreInvestors need to hedge stock and bond portfolios with commodities like gold – Goldman Sachs Research
(Kitco News) – To protect stock and bond portfolios against unexpected financial market tail risks, investors should consider diversifying through commodities like gold, according to Goldman Sachs Research led by analyst Lina Thomas.
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