Gold extending early losses as U.S. stock indexes hit record highs
(Kitco News) – Gold prices are at session lows, fell below the key $1,500.00 level, and have added to early-morning losses as the U.S. stock indexes have notched record high levels and are trading with solid gains Monday morning.
Read moreThe gold market could be disappointed come the FOMC meeting – TD Securities
(Kitco News) – Gold is trading steady just above its key psychological level of $1,500 on Monday. The level remains “the key pivot for near-term price direction and although the support has thus far held, the price action in New York on Friday was disappointing considering USD $1,518 high print
Gold prices weaker as U.S. stock market near record high
(Kitco News) – Gold prices are modestly down in early U.S. trading Monday. A bullish U.S. stock market that is near record highs is limiting buying interest in the safe-haven metals.
Read moreBitcoin daily chart alert – Boom! Prices Explode Higher Over Weekend – Oct. 28
(Kitco News) – Bitcoin-U.S. dollar futures and cash prices are weaker in early U.S. trading Monday, following a huge move up in the cash market over the weekend.
Read moreDiwali sales dire, but middle-class will save gold demand says Frank Holmes
(Kitco News) – Investors shouldn’t pay much attention to short-term negative headlines highlighting weak gold sales during India’s Diwali festival, said Frank Holmes, CEO and chief investment officer of U.S. Global Investors.In an interview with Kitco…
Read moreThere are many ways to create shareholder value – Eldorado Gold’s George Burns
(Kitco News) – Because of higher gold prices and new growth prospects, gold producers are now in a position to create shareholder value and attract new investment interest, according to one mining executive.
Read moreWhy juniors have not outperformed on a gold price rally, and what will change in 2020
(Kitco News) – Why juniors have not outperformed on a gold price rally, and what will change in 2020
Read moreWhat happens to the gold price when Fed cuts rates next week?
(Kitco News) – With the Federal Reserve rate cut already priced in for next week, what will actually happen to the gold price once the central bank cuts for the third time this year?
Read moreHead fake or new rally? Wall Street, Main Street optimistic on gold prices next week
(Kitco News) – What a difference 24 hours can make in the precious metals market. A late-week drive in gold prices is generating significant bullish sentiment in the marketplace among Wall Street analysts and Main Street investors, according to the lat…
Read moreSilver prices surge 3% on the day as analysts point to industrial demand
(Kitco News) – Silver prices are seeing a strong move ahead of the weekend, jumping nearly 3% on the day, with analysts pointing to the metal’s improving industrial component and its general volatility.
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