Fed meeting minutes will expose dissent, Powell’s keynote speech could signal pivot – Experts
(Kitco News) – Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting cycle, which began with a 50-basis-point cut in September 2024, but ended in December after two more 25-bps cuts. Gold traders are particularly eager to see lower rates, as the easing of the trade tariff premium has left precious metals prices stuck in a $200 range since late April.
Read moreGold, silver rally as U.S. stock indexes sell off
(Kitco News) – Gold and silver prices are solidly higher near midday Wednesday, supported in part by a sell off in the U.S. stock indexes at mid-week and by some fresh technical buying.
Read moreBitcoin August 20 daily chart alert – Bulls work to stabilize market
(Kitco News) – Wednesday, August 20—August bitcoin futures prices are near steady in early U.S. trading Wednesday, after poking to a five-week low overnight.
Read moreGold market analysis for August 20 – 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 morePrice gains for gold as FOMC minutes on deck
(Kitco News) – Gold prices are moderately higher in early U.S. trading Wednesday, as the marketplace awaits an important report from the Federal Reserve later today.
Read more“Sanctions are for losers” and tariffs are a “Dumbo tax” as the dollar weakens and gold rises – Steve Hanke
(Kitco News) – The global monetary order is straining under sanctions and tariffs, with gold emerging as the safe-haven winner, according to Steve Hanke, Professor of applied economics at Johns Hopkins University. “Sanctions are for losers,” Hanke said. “Russia is the most sanctioned country in the world by far. Who’s paid for this? Well, the Europeans.”
Read moreFed Chair Powell’s keynote speech could be next catalyst for gold and silver prices – Saxo Bank’s Hansen
(Kitco News) –Gold and silver continue to trade in tight ranges as traders await the next catalyst for price action – and Fed Chair Powell’s keynote speech from Jackson Hole on Friday is the next potential trigger, according to Ole Hansen, head of commodity strategy at Saxo Bank.
Read moreBitcoin’s $115K level is ‘very expected’ profit-taking, and institutional money is pouring in – Botanix Labs COO
(Kitco News) – Bitcoin’s recent 6.5% pullback from an all-time high near $124,000 is a predictable and healthy market function, not a cause for alarm, according to one industry COO.
Read moreGold performs more like luxury real estate than a commodity – Goldman Sachs
(Kitco News) –Because gold is not consumed, but instead accumulated over time, prices are primarily driven by changes in ownership rather than the traditional supply and demand dynamics that govern other commodities, according to analysts at Goldman Sachs. In a recent research note, the analysts wrote that gold prices move more like prime Manhattan real estate than barrels of oil.
Read moreGold, silver down on technical selling, position evening ahead of Powell
(Kitco News) – Gold and silver prices are lower and hit two-week lows near midday Tuesday, with silver posting solid losses. Chart-based selling from the shorter-term futures traders is featured in both metals today.
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