Are gold prices overbought, or is this breakout just getting started?
(Kitco News) – Broadly disappointing employment data has given the Federal Reserve the green light to cut interest rates later this month, propelling gold out of its consolidation phase and back to record highs.
Read moreEl Salvador increases gold reserves by 32% after Bitcoin windfall
(Kitco News) – Central bank demand for gold may have slowed through the summer, but official purchases remain a dominant force in the market.
Read moreChristopher Ecclestone: “Most of the Trump tariff measures are inflationary.”
(Kitco News) Gold rallied to an all-time high of $3,585 an ounce on Friday, with silver also pushing $41.50 earlier in the week, its highest level in 14 years.
Read moreSilver at 14-year high, tracking for new record peak
(Kitco News) – December Comex silver this week notched a 14-year high of $42.29 an ounce. Safe-haven demand amid a nervous general marketplace is driving the precious metal higher.
Read moreGold prices back at all-time highs as U.S. economy created 22K jobs in August
(Kitco News) – The gold market is once again attracting robust safe-haven demand as the U.S. labor market continues to lose more momentum than expected.
Read moreGold price rallies to record high after downbeat U.S. jobs data
(Kitco News) – Gold prices are solidly up and hit contract/record highs in early U.S. trading Friday, following an important U.S. economic report that showed weakness.
Read moreBitcoin September 5 daily chart alert – Bulls having the better week
(Kitco News) – Friday, September 5–September bitcoin futures prices are firmer in early U.S. trading Friday. Prices this week have traded sideways, which means the bulls have stabilized the market following a downtrend.
Read moreGold market analysis for September 5 – 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 prices to average Q4 around $3,700 after breakout rally – Standard Chartered’s Suki Cooper
(Kitco News) – Gold’s breakout rally above $3,500 an ounce has pushed the market into overbought territory; however, prices still have room to move higher as uncertainty continues to dominate sentiment in the global marketplace, according to one market analyst.
Read moreBeaty calls gold rally a ‘secular breakout,’ warns against ‘addictive’ M&A hype
(Kitco News) – In a wide-ranging interview, iconic mining entrepreneur Ross Beaty declared the current rally in resource equities a long-term “secular breakout” and advised investors to hold their positions.
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