Gold prices turn positive after U.S. retail sales come in flat at 0.0% in October
(Kitco News) – The gold market rose sharply back above $4,300 after the latest data showed American consumers’ spending growth coming in below expectations.U.S. retail sales posted a flat 0.0% print in October following a downwardly revised reading of 0.1% in September, the U.S. Commerce Department announced on Tuesday. The data was lower than expectations, as the consensus of economists projected a 0.1% increase in October’s headline number.
Read moreBitcoin December 16 daily chart alert – Bears have the advantage
(Kitco News) – Tuesday, December 16–December bitcoin futures prices are up a bit in early trading Tuesday. A price uptrend on the daily chart has been negated and bears have the overall near-term technical advantage.
Read moreGold market analysis for December 16 – 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 moreModest price pressure on gold, silver as big U.S. data day looms
(Kitco News) – Gold and silver prices are weaker in early U.S. trading Monday, ahead of a slew of U.S. economic data that includes the latest monthly jobs report.
Read moreSilver Institute sees strong industrial demand supporting long-term bull market
(Kitco News) – While investment demand has been the driving force in the silver market—pushing prices back above $63 an ounce—robust investment demand is expected to continue providing long-term fundamental support, according to the latest report from the Silver Institute.
Read moreGold’s rally to $5,000 in 2026 will outperform U.S. dollar and bonds – Société Générale
(Kitco News) – Gold will continue to outperform U.S. bonds and the greenback through 2026, which is why one major bank is maintaining its maximum allocation and recommends that investors buy the precious metal on dips.
Read moreProfit taking tempers early gold gains; silver solidly up
(Kitco News) – Gold prices are near steady in midday U.S. trading Monday, and have lost the sharp early gains as profit-taking and weak long liquidation from the shorter-term futures traders is featured.
Read moreGold prices drive higher above $4,300 as Empire State Survey showed contraction in manufacturing sector
(Kitco News) – The gold market is finding new support above $4,300 and could attract some safe-haven flow as the U.S. manufacturing sector remains extremely volatile, according to the latest data from the New York Federal Reserve.
Read moreStrong price gains for gold, silver amid weak USDX, bullish charts
(Kitco News) – Gold and silver prices are solidly higher in early U.S. trading Monday. Both markets are not far below their record highs. The two precious metals are seeing solid technical buying and are also benefiting a weakening U.S. dollar index.
Read moreBitcoin December 15 daily chart alert – Price uptrend negated
(Kitco News) – Monday, December 15–December bitcoin futures prices are weaker in early trading Monday. The bulls are fading as a price uptrend on the daily chart has been negated.
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