Global gold demand up 10% Y/Y in Q2, futures shoot above spot during tariff scare, silver miners increase production in Q2 – Heraeus
(Kitco News) – Global gold demand fell short of the first quarter’s performance in Q2, but still beat Q2 2024 by 10%, while miners’ silver production rebounded after a weaker Q1, according to precious metals analysts at Heraeus.
Read moreBarrick earnings beat on strong gold, copper output, higher prices
(Kitco News) – Investors in the mining sector continue to be rewarded, with Barrick Mining Corporation (NYSE: B) (TSX: ABX) posting better-than-expected Q2 earnings on stronger gold and copper production.
Read moreGold price sharply down on U.S. tariff uncertainty
(Kitco News) – Gold and silver prices are posting strong losses in early U.S. trading, amid keen uncertainty regarding U.S. tariffs on gold imports. December gold was last down $80.50 at $3,410.80. September silver prices were last down $0.682 at $37.865.
Read moreBitcoin August 11 daily chart alert – Bulls gain more power
(Kitco News) – Monday, August 11—August bitcoin futures prices are sharply higher and hit a four-week high in early U.S. trading Monday.
Read moreGold market analysis for August 11 – 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 moreWhite House calls gold bar tariffs report ‘misinformation’, says no new tariffs on gold imports
(Kitco News) – The global
Read moreWall Street and Main Street majorities expect gold to break $3,400/oz next week with key inflation and consumer data on the docket
The latest Kitco News Weekly Gold Survey showed industry experts firmly back in bullish territory, while retail traders maintained their renewed bullish bias on gold’s near-term prospects.
Read moreNext week’s CPI, PPI, retail sales, and consumer sentiment could cement rate cuts and boost gold
(Kitco News) – While this week was a lean one for economic data, precious metals traders still had plenty of market-moving events – the unscheduled kind. Gold prices were already trading in positive territory when news broke on Thursday afternoon that some gold bar imports from Switzerland would be subject to trade tariffs – with Switzerland’s recently announced 39% tariff rate among the highest the Trump administration has imposed.
Read moreChina’s central bank adds 2 tonnes of gold to reserves in July, but FX holdings fall $25 billion
(Kitco News) – China’s central bank added to its gold reserves once again in July, but its overall foreign exchange holdings fell as the USD strengthened, according to official data released on Wednesday.
Read more‘A gold tax masquerading as a customs ruling’ – Experts react to shock U.S. gold tariffs
(Kitco News) – The global gold market is reeling at the implications of yesterday’s shocking revelation that the United States has imposed import tariffs on gold bars from Switzerland.
Read more