Gold can’t catch a break even after US pending home sales drops 0.8% in June
(Kitco News) – The U.S. housing market continues to struggle as elevated mortgage rates and higher prices prevent consumers from even starting the home-buying process, according to the latest data from the National Association of Realtors (NAR).
Read moreGold loses ground against loonie as BoC leaves interest rates unchanged
(Kitco News) – The gold market continues to experience increased selling pressure in the broader currency space as central banks appear to be pausing their easing cycles. The Bank of Canada (BoC) is the latest central bank to leave interest rates uncha…
Read moreCan gold prices hold the line as U.S. labor market remains healthy?
(Kitco News) – The U.S. labor market remains relatively robust, as the private sector created significantly more jobs than expected this past month, according to private payrolls processor ADP.
Read moreGold loses its safe-haven allure as U.S. Q2 GDP increases 3%
(Kitco News) – A solid recovery in the U.S. economy in the second quarter is easing recession fears, which is taking its toll on the gold market demand as its role as a safe-haven asset diminishes.
Read moreBitcoin July 30 daily chart alert – Summertime doldrums
(Kitco News) – Wednesday, July 30—August bitcoin futures prices are again near steady amid the summer doldrums at mid-week. Trading has been sideways and choppy at higher levels.
Read moreBitcoin July 30 daily chart alert – Summertime doldrums
(Kitco News) – Wednesday, July 30—August bitcoin futures prices are again near steady amid the summer doldrums at mid-week. Trading has been sideways and choppy at higher levels.
Read moreGold market analysis for July 30 – 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 up a just bit ahead of big U.S. data day
(Kitco News) – Gold prices are slightly higher and silver prices weaker in early U.S. trading Wednesday. The precious metals traders are awaiting important U.S. economic data that is released today.
Read more“This is a crack-up boom”: Florian Grummes sees $4k gold, $50 silver, and bull market for miners
(Kitco News) – Gold and silver prices may be treading water this summer, but Florian Grummes says the bigger breakout is coming – and patient investors will be rewarded.
Read moreThe fact that gold is not lower should tell you a lot, says State Street’s Aakash Doshi
(Kitco News) – The summer doldrums may have sapped gold’s momentum for now, but the precious metal remains well-positioned to retest April’s all-time highs and even push closer to $4,000 an ounce by the end of the year, according to one market strategist.
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