Gold erases early losses on mild safe-haven demand
(Kitco News) – Gold prices are slightly up and have erased overnight/early morning losses near midday Wednesday, on some mild safe-haven buying interest.
Read moreBitcoin August 27 daily chart alert – Bears working on price downtrend
(Kitco News) – Wednesday, August 27–September bitcoin futures prices are down a bit in early U.S. trading, after hitting a six-week low Tuesday.
Read moreGold market analysis for August 27 – 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 price weaker as USDX rallies
(Kitco News) – Gold and silver prices are modestly lower in early U.S. trading Wednesday, pressured in part by good gains in the U.S. dollar index at mid-week, and by some profit taking from the shorter-term futures traders.
Read moreScottsdale Mint’s Josh Phair says London “no longer the top jurisdiction” for gold
(Kitco News) – The global gold market is fracturing into competing geopolitical blocs, forcing a historic migration of physical metal away from its traditional hub in London, the founder of a leading precious metals mint warned Tuesday.
Read moreIndia may remove limits on gold ETFs in pension investments, supercharging investment demand
(Kitco News) – India’s pension regulator is considering removing restrictions on some types of investments – including gold-backed exchange-traded funds (ETFs), Bloomberg reported on Tuesday.
Read moreExpert warns Fed pivot is a ‘trap,’ cites data showing consumer in ‘recession since COVID’
(Kitco News) – Macro strategist Stephanie Pomboy is warning that the market’s celebration of a dovish pivot from the Federal Reserve is a “trap,” arguing that rate cuts will be impotent and that underlying data shows the U.S. economy is in far worse shape than mainstream headlines suggest.
Read moreZang warns “Genius Act” will trigger hyperinflation, sees “globally coordinated” gold confiscation ahead
(Kitco News) – The recently signed “Genius Act” is a deliberate plan to trigger hyperinflation using stablecoins as its primary tool, according to financial analyst Lynette Zang.
Read moreTrump’s firing of Fed Governor Cook roils markets and Capitol Hill, boosts gold to the edge of $3,390/oz
(Kitco News) – President Donald Trump’s Monday evening announcement that he intends to fire Federal Reserve Governor Lisa Cook from her position is the most significant escalation of his attacks on the central bank’s independence, and it has provoked a strong reaction from Democrats and the markets – and a renewed bid for gold prices.
Read moreGold gains on uncertainty surrounding Trump firing Fed official
(Kitco News) – Gold prices are moderately higher and hit a two-week high Tuesday, on a safe-haven boost after President Trump said he has fired a Federal Reserve governor.
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