U.S. debt risk is not priced in, and gold prices could skyrocket once investors do the math – Sprott’s Ryan McIntyre
(Kitco News) – Gold continues to benefit from strong and steady central bank demand, and the more recent pivot of North American and European investors into gold-backed ETFs could have a major impact once markets digest the implications of the U.S. debt situation, according to Ryan McIntyre, managing partner at Sprott Inc.
Read moreYou can take some profits on gold and remain bullish, says Tanglewood’s Tom Bruce
(Kitco News) – The gold market remains stuck in a solid consolidation pattern, and while one investment firm has taken some profits off the table, it still expects the precious metal to remain well-supported through year-end.
Read moreHotter U.S. producer inflation data sparks sell offs in gold, silver
(Kitco News) – Gold and silver prices are lower in midday U.S. trading Thursday, following a key U.S. inflation report that came in surpisingly hotter than expected.
Read moreGold price takes a hit as U.S. PPI jumps 0.9% in July
(Kitco News) – Consumers hoping to see benign inflation pressures this year have been hit with a major dose of reality as producers have seen a dramatic increase in their costs.
Read moreSpot gold trades near session lows after U.S. weekly jobless claims fall to 224k
(Kitco News) – Gold prices traded close to session lows following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was below economists’ forecasts.
Read moreMild price pressure on gold, silver ahead of U.S. PPI
(Kitco News) – Gold and silver prices are a bit weaker in early U.S. trading Thursday, just ahead of another key U.S. inflation report due out.
Read moreBitcoin August 14 daily chart alert – bulls gain more technical strength
(Kitco News) – Thursday, August 14—August bitcoin futures prices are higher and hit a contract/record high in early U.S. trading Thursday.
Read moreGold market analysis for August 14 – 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 moreChina’s gold market cools in July, but jewelry demand could rebound – World Gold Council
(Kitco News) – China’s gold market reflected the relative price stability seen in July, with ETFs seeing outflows and futures continuing to cool, while imports concluded their weakest H1 since 2021, according to Ray Jia, Research Head, China at the World Gold Council (WGC).Jia noted that gold prices rose only modestly in July.
Read moreGold is a key strategic investment despite U.S. resilience and Bitcoin’s rise – Rothschild’s Balfour
(Kitco News) – The gold bugs are back, but the yellow metal’s gains aren’t coming from its usual drivers, according to Victor Balfour, investment strategist at Rothschild & Co Wealth Management.
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