Central banks can’t get enough of gold
(Kitco News) – Summer is officially over. It took gold less than two weeks to break out of a five-month consolidation pattern, rallying more than $200 an ounce to reach an all-time intraday high of $3,600.
Read moreCentral banks can’t get enough of gold
(Kitco News) – Summer is officially over. It took gold less than two weeks to break out of a five-month consolidation pattern, rallying more than $200 an ounce to reach an all-time intraday high of $3,600.
Read moreMarket veteran issues crash warning as ‘real’ jobs data shows contraction
(Kitco News) – Veteran market strategist Peter Grandich has issued a stark warning of a potential stock market crash, citing a dangerous divergence between retail investor enthusiasm and heavy selling by corporate insiders.
Read moreWall Street bulls still on the bandwagon after gold breaks $3,600, Main Street grows more confident as inflation returns to the fore
The latest Kitco News Weekly Gold Survey showed Wall Street sentiment overwhelmingly bullish after the week’s series of all-time highs, while Main Street investors added to their bullish majority opinion on gold’s performance next week.
Read moreAre gold prices overbought, or is this breakout just getting started?
(Kitco News) – Broadly disappointing employment data has given the Federal Reserve the green light to cut interest rates later this month, propelling gold out of its consolidation phase and back to record highs.
Read moreEl Salvador increases gold reserves by 32% after Bitcoin windfall
(Kitco News) – Central bank demand for gold may have slowed through the summer, but official purchases remain a dominant force in the market.
Read moreChristopher Ecclestone: “Most of the Trump tariff measures are inflationary.”
(Kitco News) Gold rallied to an all-time high of $3,585 an ounce on Friday, with silver also pushing $41.50 earlier in the week, its highest level in 14 years.
Read moreSilver at 14-year high, tracking for new record peak
(Kitco News) – December Comex silver this week notched a 14-year high of $42.29 an ounce. Safe-haven demand amid a nervous general marketplace is driving the precious metal higher.
Read moreGold prices back at all-time highs as U.S. economy created 22K jobs in August
(Kitco News) – The gold market is once again attracting robust safe-haven demand as the U.S. labor market continues to lose more momentum than expected.
Read moreGold price rallies to record high after downbeat U.S. jobs data
(Kitco News) – Gold prices are solidly up and hit contract/record highs in early U.S. trading Friday, following an important U.S. economic report that showed weakness.
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