Gold price ending August at record highs: All eyes now on $3,500
(Kitco News) – Gold is breaking out of its summer slump, with futures surging to finish the week and the month at fresh record highs.
Read moreGold powers sharply up on technical buying ahead of what may be a rocky 2 months for equities
(Kitco News) – December gold futures were sharply higher and pushed above $3,500 an ounce in midday trading Friday.
Read moreGold sharply higher as final Consumer Sentiment falls to 58.2 in August, inflation expectations rise
(Kitco News) – The gold market is trading sharply higher ahead of the weekend after the latest data showed consumer sentiment in the U.S. declining further, while inflation expectations rose once again.
Read moreGold holds support above $3,400 as U.S. core PCE rises 2.9% in the last 12 months
(Kitco News) – The gold market continues to see some modest selling pressure but is holding its ground above $3,400 an ounce as elevated inflation remains a threat to economic activity.
Read moreBitcoin August 29 daily chart alert – Price downtrend still in place
(Kitco News) – Friday, August 29–September bitcoin futures prices are lower in early U.S. trading Friday. A downtrend line remains in place on the daily bar chart and the MACD indicator is still in a bearish posture.
Read moreGold market analysis for August 29 – 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 moreGold price mildly down ahead of important U.S. inflation report
(Kitco News) – Gold and silver prices are a bit weaker in early U.S. trading Friday, on this last trading day of the week and of the month, and just ahead of a key U.S. inflation reading this morning.
Read moreLooming U.S. stagflation and gold’s record of multi-year bull runs mean there’s still plenty of price upside – Fidelity’s Samson
(Kitco News) – Even though gold prices have posted outsized gains over the last couple of years, gold bull markets often last many years once they get going, and with a strong chance of U.S. stagflation on the near-term horizon, investors have no reason to reduce their positions, according to Ian Samson, multi-asset portfolio manager at Fidelity International.
Read moreGold remains on the path to $4,000 as the US dollar weakens – Bank of America
(Kitco News) – Gold prices surged to a one-month high above $3,400 an ounce Thursday, supported by persistent U.S. dollar weakness. Analysts at Bank of America expect the rally to continue, maintaining their forecast that the yellow metal will hit $4,0…
Read moreSteeper Treasury yield spreads support gold and silver investment – Saxo Bank’s Hansen
(Kitco News) – The yield spread at the front end of the U.S. Treasury curve has risen to its highest level in over five years, and this is contributing to the attractiveness of gold and silver as investments, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank.
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