Gold price up amid uncertainty regarding U.S. tariffs on bullion
(Kitco News) – Gold prices are higher but well down from overnight highs that saw December gold hit a three-month peak, amid reports the U.S. is putting levies on gold bars.
Read moreBitcoin August 8 daily chart alert – Bulls having a good week
(Kitco News) – Friday, August 8—August bitcoin futures prices are weaker in early U.S. trading Friday, on a mild downside correction from gains scored Wednesday and Thursday.
Read moreGold Market Analysis for August 8 – 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 moreShock U.S. tariffs on Swiss gold bars send gold price rocketing through $3,400/oz
(Kitco News)- The United States has imposed import tariffs on gold bars from Switzerland, the Financial Times reported late Thursday afternoon. According to a letter from Customs Border Protection dated July 31st, 1 kilogram and 100 ounce gold bar…
Read moreIs revaluation of central bank gold reserves the answer? Federal Reserve economist analyzes five cases and their impacts
(Kitco News) – The track record of revaluing gold reserves to address monetary or fiscal challenges is mixed, with the countries that needed it the most seeing the least sustained impact while the countries that used it most judiciously didn’t need it at all, according to new research by Colin Weiss, principal economist for global financial flows at the Federal Reserve.
Read moreStretched traders will pay the price when volatility returns with a vengeance – LPL Financial’s Kerr
(Kitco News) – Volatility across major asset classes is unusually low, and investors and traders who stretched their positions during this period of calm could pay a heavy price when it inevitably returns, according to Kristian Kerr, head of macro strategy at LPL Financial.Kerr noted that while financial market volatility is commonly seen as a broad measure of risk, its role has evolved in recent years.
Read moreGold, silver gain on central banks buying gold, bullish charts
(Kitco News) – Gold and silver prices are higher and hit two-week highs in midday U.S. trading Thursday.
Read moreSpot gold trades above $3,385/oz after U.S. weekly jobless claims rise to 226k
(Kitco News) – Gold prices rose closer to session highs following the release of worse-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was above economists’ forecasts.
Read morePrice gains for gold as China’s central bank stocking up
(Kitco News) – Gold and silver prices are higher and hit two-week highs in early U.S. trading Thursday. News that China’s central bank continues to add to its gold reserves and more bullish near-term technical postures in both gold and silver recently are supporting buying interest in the metals today. December gold was last up $20.00 at $3,453.50. September silver prices were last up $0.70 at $38.58.
Read moreBitcoin August 7 daily chart alert – Bulls working to stabilize market
(Kitco News) – Thursday, August 7—August bitcoin futures prices are firmer in early U.S. trading Thursday. Bulls have stabilized the market late this week and the fledgling price downtrend on the daily bar chart is now in some jeopardy.
Read more