Gold stands firm as Bank of England leaves rates unchanged at 4%
(Kitco News) – Gold is holding elevated gains against the British pound but could struggle to attract new momentum as the Bank of England left interest rates unchanged and reiterated its gradual, careful approach to further easing.
Read moreBitcoin September 18 daily chart alert – Bulls gaining technical strength
(Kitco News) – Thursday, September 18–September bitcoin futures prices are higher and hit a four-week high in early U.S. trading Thursday.
Read moreGold market analysis for September 18 – 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 more‘We see where we are now, and we took that appropriate action today’ – Fed Chair Powell
(Kitco News) – After the Federal Reserve delivered the 25-basis-point rate cut the markets were widely anticipating, Chair Jerome Powell attempted to stay on message at his post-meeting press conference on Wednesday afternoon, but questions about the central bank’s independence ultimately overshadowed monetary policy and other economic concerns.
Read moreGold prices finds new momentum as the Fed cuts rates; signals more easing through 2026
(Kitco News) – The gold market is seeing some renewed buying momentum with prices pushing closer to $3,700 an ounce as the Federal Reserve lowered interest rates and signaled more cuts to come through year-end and into 2026.
Read moreGold price sees two-sided trade after widely expected Fed rate cut
(Kitco News) – Gold prices have traded both sides of unchanged in afternoon U.S. dealings Wednesday, following a U.S. central bank interest rate reduction that was widely expected by the marketplace.
Read moreThe Fed should actually raise rates to counter economic and political damage, but it won’t – Barchart’s Newsom
(Kitco News) – The Federal Reserve should disregard the President’s wishes and market expectations and hike rates at today’s meeting – tamping down inflation while pushing back on political interference – but it will most likely succumb to both and deliver a 25-basis-point cut, according to Darin Newsom, senior market analyst at Barchart.com.
Read moreGold always rallies when the Fed cuts rates in a stubborn inflationary environment – Bank of America
(Kitco News) – Even with some selling pressure, the gold market has managed to stand its ground, with prices remaining near recent all-time highs and within striking distance of $3,700 an ounce.
Read moreChina’s gold market saw ETF liquidations and low futures volumes in August as stocks surged, but jewelry sales and imports rebounded – World Gold Council
(Kitco News) – China’s gold market saw liquidations in physical stocks and ETFs and declining futures volumes as investors booked bullion profits to rotate into surging stocks, but a rebound in jewelry demand and an uptick in imports combined with the ongoing price rally bode well for investment demand, according to Ray Jia, Research Head, China at the World Gold Council (WGC).
Read moreNext crisis won’t be like 2008, it will be a ‘loss of confidence in the US government’ – Peter Schiff
(Kitco News) – As gold surged to a new record and silver hit a 14-year high Tuesday, economist Peter Schiff warned that the Federal Reserve is on the verge of making its “biggest error yet,” a move he believes will accelerate a crisis of confidence in …
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