Gold price weaker as markets anxiously await Powell speech
(Kitco News) – Gold prices are modestly down in early U.S. trading Friday, as the marketplace is squarely focused on Federal Reserve Chairman Jerome Powell’s speech in Wyoming.
Read moreBitcoin August 22 daily chart alert – Bears gaining technical strength
(Kitco News) – Friday, August 22—August bitcoin futures prices are a bit weaker in early U.S. trading Friday, after dipping to a four-week low Thursday.
Read moreGold market analysis for August 22 – 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 moreFed’s Powell faces ‘significant and complex challenges’ on inflation, employment, and independence at Jackson Hole – El-Erian
(Kitco News) – This year’s Jackson Hole symposium finds the Fed stuck between a rock and a hard place, with near-intractable problems on both sides of its dual mandate and ongoing challenges to its credibility and its independence, according to Mohamed El-Erian, chief economic adviser of Allianz and president of Queens’ College, Cambridge.
Read moreHarvard endowment fund takes $218M bet on gold and bitcoin combined in first-ever positions
(Kitco News) – An important shift has taken place in alternative assets as the world’s largest endowment fund has taken significant positions in gold and Bitcoin.
Read moreIndia’s gold market strengthened in July as ETF holdings and imports surged – WGC’s Chacko
(Kitco News) – Indian gold prices rose last month and into August, with discounts narrowing as retailers ramped up inventories for the festival season, all while ETF flows and holdings rose, according to Kavita Chacko, Research Head for India at the World Gold Council (WGC).Chacko wrote in the latest WGC update that gold prices have seen renewed strength in August after July’s modest 0.3% gain.
Read moreU.S. tariffs a “net positive” for mining industry, says Wheaton CEO Randy Smallwood
(Kitco News) – The highest U.S. tariffs since the 1930s are a surprising “net positive” for the global mining industry, according to Randy Smallwood, President and CEO of Wheaton Precious Metals.
Read moreGold a bit weaker, silver up, as Jackson Hole in focus
(Kitco News) – Gold prices are slightly down and silver prices firmer near midday Thursday. The marketplace is focusing on an important central bank meeting in the western U.S. that began today.
Read moreGold price stumbles as S&P flash manufacturing, service sectors rise more than expected in August
(Kitco News) – The gold market is experiencing selling pressure following preliminary data showing that activity in both the manufacturing and service sectors increased more than expected in August.
Read moreSpot gold spikes to $3,345/oz after U.S. existing-home sales rise 2.0% in July
(Kitco News) – Spot gold is posting strong gains once again this morning after the latest data showed the U.S. housing market improving beyond expectations last month.Total existing-home sales, including single-family homes, townhomes, condominium…
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