Gold price modestly up as trader focus turns to major Fed event
(Kitco News) – Gold prices are firmer in early U.S. trading Monday as position evening is featured early this week ahead of a major central bank event later in the week.
Read moreGold market analysis for August 18 – 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 moreWall Street pulls back from gold market after Swiss tariff drama, Main Street majority still expects gains during Fed-heavy week
The latest Kitco News Weekly Gold Survey showed the overwhelming majority of Wall Street experts expect the market to continue trending sideways, while a solid majority of Main Street investors still believe gold can make gains next week.
Read moreNext week’s July meeting minutes and Jackson Hole speech offer in-depth looks into the Fed’s past and future
(Kitco News) – While this week’s economic news focused on inflation and the health of the American consumer, next week the spotlight centers once again on the Federal Reserve.The U.S. Bureau of Labor Statistics reported on Tuesday that the Consumer Price Index rose 0.2% last month after June’s 0.3% increase, in line with expectations, and 2.7% over the past 12 months, which was slightly below expectations for a 2.8% increase.
Read morePreliminary Consumer Sentiment falls to 58.6 in August as inflation expectations rise
(Kitco News) – The gold market is trading higher ahead of the weekend after the latest data showed consumer sentiment in the U.S. declining more than expected, while inflation expectations rose higher.
Read moreGold prices dip to session lows after U.S. retail sales rise 0.5% in July
(Kitco News) – The gold market is golding steady after the latest data showed American consumers’ spending growth improving in line with expectations last month.U.S. retail sales rose 0.5% last month following a reading of 0.6% in June, the U.S. Commerce Department announced on Friday. The data were in line with expectations, as the consensus of economists projected a 0.5% increase in July’s headline number. In the last 12 months, retail sales increased 3.9%, the report said, against expectations for a 3.5% increase and following June’s 4.4% increase.
Read moreSpot gold trades back above $3,340/oz after New York manufacturing index improves to 11.9
(Kitco News) – Manufacturing activity in the New York region rose further into expansionary territory this month, according to the latest figures published by the New York Federal Reserve.The regional central bank announced on Friday that its Empire St…
Read moreGold price mildly up, supported by weaker USDX
(Kitco News) – Gold prices are a bit firmer in early U.S. trading Thursday, supported in part by a weaker U.S. dollar index on this day.
Read moreBitcoin August 15 daily chart alert – Bearish key reversal spooks bulls
(Kitco News) – Friday, August 15—August bitcoin futures prices are a bit higher Friday morning, after prices Thursday spiked to a contract/record high in early and then sold off sharply late in the day to score a bearish “key reversal” down on the daily bar chart.
Read moreGold market analysis for August 15 – 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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