Gold Prices Pull Back After Recent Strong Gains
(Kitco News) – Gold prices are down in early U.S. trading Wednesday on some normal profit taking and chart consolidation after hitting a six-year high of $1,442.90 in August futures on Tuesday.
Read moreRobert Friedland’s African Copper Mine Takes Another Step Forward
(Kitco News) – Internal approvals for an additional $464 million (C$612 million) to build the Kakula Mine in the Democratic Republic of Congo (DRC) were approved.
Read moreVolvo To Use NVIDIA Chips For Autonomous Driving
(Kitco News) – The Volvo Group signed a joint agreement with chip maker NVIDIA last week to develop autonomous commercial vehicles and machines.
Read moreGold Runs Over 6-Year Highs And Reverses
(Kitco News) – As we wrote on Tuesday, it looked like the final blow-off for gold in the recent move. Not only did gold rally big and make over six-year highs but finished with the worst pattern of all — a key reversal. It made new highs and closed on…
Read moreBitcoin Daily Chart Alert – Prices Go Parabolic! – Jun. 26
(Kitco News) – Bitcoin-U.S. dollar prices are strongly higher Wednesday, with gains of around $1,300 today, and hit another 15-month high.
Read moreWith Gold’s ‘Aggressive Move’ Up, Gold-Silver Ratio No Longer Matters: BMO
(Kitco News) – Gold’s rally to six-year highs has left silver behind, with fund managers repositioning their exposure to gold amid dovish global monetary policies, trade concerns, and rising geopolitical tensions, according to BMO Capital Markets.
Read moreHow High Is Gold Going? Market’s Focus On Risks Driving The Rally — RBC Capital Markets
(Kitco News) – Gold’s massive rally is being driven by the markets’ changing perception of economic and geopolitical risks, RBC Capital Markets commodity strategist Chris Louney told Kitco News while warning that a rally of that size does not come with…
Read moreGold’s 10% Rally Is Impressive But Needs To Last To Matter – USCF
(Kitco News) – Gold has been on an impressive run lately but investors should remember although prices are up nearly 10% this month, trading at a six-year high, the metal’s momentum is relatively young.
Gold Prices Fall From 6-Year Highs Following Fed Chair Powell Comments
(Kitco News) – Gold prices are well of their highs, dipping into negative territory after Federal Reserve Chairman Jerome Powell failed to shed any new light on the pace of interest rate cuts later in the year.
Read moreGold Pushes Still Higher, But Needs A Rest
(Kitco News) – Gold prices are posting more good gains in midday U.S. trading Tuesday, and hit another six-year high of $1,442.90 in August futures.
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