Gold market recovering against Canadian dollar after BoC cuts interest rates to 2.50%
(Kitco News) – The gold market continues to experience technical profit-taking against the Canadian dollar, even as the Bank of Canada cuts interest rates and shows less concern about inflation.
Read moreSocGen takes 10% maximum gold position ahead of new Fed easing cycle
(Kitco News) – One major investment bank is looking to increase its exposure to gold as a protective hedge, as the Federal Reserve prepares to restart its easing cycle even while inflation pressures remain elevated.
Read moreSpot gold rises to $3,673/oz after U.S. housing starts fall -8.5% in August
(Kitco News) – Gold prices are rising this morning after the latest data showed the U.S. housing market declining more than expected last month.Housing starts fell -8.5% in August to a seasonally adjusted annual rate of 1.307 million units, the Commerce Department announced on Wednesday. The data was far worse than expected as economists looked for a decrease of -3.4% to 1.370 million units. July’s number was revised to 1.429 million units.
Read moreProfit-taking price pressure on precious metals as U.S. rate cut looms
(Kitco News) – Gold and silver prices are solidly lower in early U.S. trading Wednesday, on profit taking from the shorter-term futures traders after gold hit a record high and silver a 14-year high on Tuesday.
Read moreBitcoin September 17 daily chart alert – Price pokes to 3-week high
(Kitco News) – Wednesday, September 17–September bitcoin futures prices are a bit weaker in early U.S. trading Wednesday, after poking to a three-week high overnight.
Read moreGold market analysis for September 17 – 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 moreA spike in market volatility could send gold to $4000 and silver above $50, says Jesse Colombo
(Kitco News) – Falling interest rates will continue to drive gold prices higher through year-end and into 2026, but one market strategist says there is another factor that could amplify the precious metal’s bullish momentum.
Read moreFed cuts and rising inflation could see gold above $4,000, silver above $50, platinum and palladium above $1,800/oz this year – RJO Futures’ Pavilonis
(Kitco News) – If the Federal Reserve moves to restart the rate-cutting cycle on Wednesday, the combination of a cheaper dollar, rising consumer inflation, and tariff-driven supply shortages could deliver a 1970s-style economy where not just gold but silver, platinum, and
Read moreFed turmoil in a new easing cycle drives gold prices higher – Commerzbank
(Kitco News) – The Federal Reserve is expected to restart its easing program, and this will continue to drive gold prices higher, with one major bank increasing its year-end price target for the yellow metal.
Read moreGold hits record high as Fed set to cut interest rates
(Kitco News) – Gold prices are modestly up in midday U.S. trading Tuesday, but down from earlier highs that saw the yellow metal hit record highs.
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