Gold price gains as Powell signals rate cuts, but inflation risk clouds outlook
(Kitco News) – Federal Reserve Chair Jerome Powell has opened the door to rate cuts next month, but that position could become complicated if inflation pressures continue to rise.
Read moreWall Street, Main Street bullish on gold as Powell opens door to September rate cut
(Kitco News) – Gold remains caught in its broader four-month trading range, but dovish comments from Federal Reserve Chair Jerome Powell are creating solid bullish sentiment in the marketplace as both Wall Street and Main Street expect prices to be hig…
Read moreGold prices jump as Powell says policy adjustment may be warranted
(Kitco News) – Gold prices have jumped sharply higher as Federal Reserve Chair Jerome Powell appears to be laying the groundwork for a potential rate cut next month.
Read moreGold price weaker as markets anxiously await Powell speech
(Kitco News) – Gold prices are modestly down in early U.S. trading Friday, as the marketplace is squarely focused on Federal Reserve Chairman Jerome Powell’s speech in Wyoming.
Read moreBitcoin August 22 daily chart alert – Bears gaining technical strength
(Kitco News) – Friday, August 22—August bitcoin futures prices are a bit weaker in early U.S. trading Friday, after dipping to a four-week low Thursday.
Read moreGold market analysis for August 22 – 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 moreFed’s Powell faces ‘significant and complex challenges’ on inflation, employment, and independence at Jackson Hole – El-Erian
(Kitco News) – This year’s Jackson Hole symposium finds the Fed stuck between a rock and a hard place, with near-intractable problems on both sides of its dual mandate and ongoing challenges to its credibility and its independence, according to Mohamed El-Erian, chief economic adviser of Allianz and president of Queens’ College, Cambridge.
Read moreHarvard endowment fund takes $218M bet on gold and bitcoin combined in first-ever positions
(Kitco News) – An important shift has taken place in alternative assets as the world’s largest endowment fund has taken significant positions in gold and Bitcoin.
Read moreIndia’s gold market strengthened in July as ETF holdings and imports surged – WGC’s Chacko
(Kitco News) – Indian gold prices rose last month and into August, with discounts narrowing as retailers ramped up inventories for the festival season, all while ETF flows and holdings rose, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).Chacko wrote in the latest WGC update that gold prices have seen renewed strength in August after July’s modest 0.3% gain.
Read moreU.S. tariffs a “net positive” for mining industry, says Wheaton CEO Randy Smallwood
(Kitco News) – The highest U.S. tariffs since the 1930s are a surprising “net positive” for the global mining industry, according to Randy Smallwood, President and CEO of Wheaton Precious Metals.
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