Wednesday, January 10, 2024

Gold, silver tread water ahead of key U.S. inflation data

Gold, silver tread water ahead of key U.S. inflation data: Gold, silver tread water ahead of key U.S. inflation data Kitco News The Leading News Source in Precious Metals Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, co...

Wednesday, September 20, 2023

Gold prices holding around $1,950 as Powell remains hawkish, but markets see no more rate hikes

Gold prices holding around $1,950 as Powell remains hawkish, but markets see no more rate hikes: Gold prices holding around $1,950 as Powell remains hawkish, but markets see no more rate hikes The gold market has given back some of Wednesday's gains and prices are testing initial support around $...

Monday, June 12, 2023

Gold, silver down amid bearish outside markets; FOMC looms

Gold, silver down amid bearish outside markets; FOMC looms: Gold, silver down amid bearish outside markets; FOMC looms Gold and silver prices are lower in midday U.S. trading Monday. A trio of bearish outside markets are pressuring the precious metals today: a...

Sunday, March 5, 2023

Gold price to take direction from Powell's testimony, U.S. jobs report next week

Gold price to take direction from Powell's testimony, U.S. jobs report next week: Gold price to take direction from Powell's testimony, U.S. jobs report next week After five consecutive weeks of losses, the gold market posted its first weekly gain. Analysts say the precious metal w...

Monday, November 21, 2022

Gold, silver down as USDX rallies, crude oil tanks

Gold, silver down as USDX rallies, crude oil tanks: Gold, silver down as USDX rallies, crude oil tanks Gold and silver prices are solidly lower in midday U.S. trading Monday. The metals are feeling the heat of strong gains in the U.S. dollar index to s...

Wednesday, July 27, 2022

Gold stages a relief rally after the Fed announces a 3/4% rate hike

Gold stages a relief rally after the Fed announces a 3/4% rate hike: Gold stages a relief rally after the Fed announces a 3/4% rate hike As anticipated the Federal Reserve concluded the July FOMC meeting with an announcement that they will raise rates by 75 basis point...

Sunday, April 17, 2022

Volatility to dominate gold market as 'central banks running out of options,' bullish sentiment intact - Kitco's gold price survey

Volatility to dominate gold market as 'central banks running out of options,' bullish sentiment intact - Kitco's gold price survey: Volatility to dominate gold market as 'central banks running out of options,' bullish sentiment intact - Kitco's gold price survey Despite a $20 retreat prior to the long weekend, the bullish sentimen...