An insider is warning that a silver price shock is incoming as ‘insatiable’ physical demand continues to drain global supply
(Kitco News) – For long-term silver investors frustrated by past rallies that failed to hold their gains, a top industry insider argues that the market has fundamentally and structurally changed.
Read moreGold at $3,500 still has plenty of value as uncertainty dominates financial markets – State Street’s Aakash Doshi
(Kitco News) – Gold has surged to record highs above $3,500 an ounce, and the rally still has room to run as global uncertainty continues to drive demand, according to Aakash Doshi, Head of Gold Strategy at State Street Investment Management.
Read moreGold, silver down on profit taking; U.S. jobs report on deck
(Kitco News) – Gold and silver prices are lower near midday Thursday, on routine profit taking from the shorter-term futures traders after gold scored a record high and silver a 14-year high on Wednesday.
Read moreGold remains in a bullish uptrend, but don’t forget to take profits: TDS books $3m in tactical long trade
(Kitco News) – The Federal Reserve’s monetary policy shift – signaling impending rate cuts even as inflation remains elevated – has sparked renewed interest in gold. However, the precious metal’s breakout rally is also attracting some profit-taking.
Read moreSpot gold drops below $3,540/oz after ISM Services PMI rises to 52 in August
(Kitco News) – The U.S. service sector strengthened last month with business activity improving and price pressures easing, though employment declined further and tariff worries persist, according to the latest data from the Institute for Supply Management (ISM).
Read moreDisappointing ADP employment data supporting gold’s breakout gains
(Kitco News) – Gold continues to hold its recent gains above $3,500 an ounce and is finding solid support as more data points to a weakening labor market, with hiring in the private sector slowing more than expected.
Read moreSpot gold trades at $3,545/oz after U.S. weekly jobless claims fall to 227k
(Kitco News) – Gold prices held steady following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was lower than economists’ forecasts.
Read moreGold, silver see price pressure on profit taking
(Kitco News) – Gold and silver prices are lower in early U.S. trading Thursday, on routine profit-taking after gold scored a record high and silver a 14-year high on Wednesday.
Read moreBitcoin September 4 daily chart alert – Price downtrend may be stalling
(Kitco News) – Thursday, September 4–September bitcoin futures prices are weaker in early U.S. trading Thursday, as prices this week have traded sideways.
Read moreGold market analysis for September 4 – 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.
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