Macroeconomic outlook to dominate gold market not geopolitical uncertainty – Metals Focus
(Kitco News) – The world is seeing a rise in geopolitical uncertainty, with tensions rising between the U.S., Russia, and China and further instability in the Middle East. While this volatility could create some safe-haven demand for gold, one firm sai…
Read moreGold powers to 6-week high as charts turn friendlier
(Kitco News) – Gold futures prices are sharply higher, near daily highs and have hit a six-week high in late-morning trading Thursday.
Read moreBarrick Gold reports in-line Q1 gold copper production
(Kitco News) – One of the world’s largest gold producers said Thursday that with first-quarter production under its belt, it is on track to meet its 2021 guidance.
Read moreJobless claims are at new pandemic lows after drop to 576,000
(Kitco News) – The initial weekly jobless claims fell by 193,000 to 576,000 in the week to Saturday, beating market expectations and reaching new pandemic lows.
Read moreGold prices holding gains following strong rise in Philly Fed, New York Fed manufacturing data
(Kitco News) – The gold market is holding gains around $1,750 an ounce even as regional Federal Reserve Banks report strong sentiment within the manufacturing sector.
Gold price keeps early-morning gains as U.S. retail sales surge 9.8% in March
(Kitco News) – Gold prices remained largely unchanged after better-than-expected retail sales data from March.
Read moreGold, silver see price gains amid slumping greenback, rising oil
(Kitco News) – Gold and silver prices are higher in early U.S. trading Thursday, with gold posting solid gains.
Read moreBitcoin daily chart alert – The trend is your friend – Apr. 15
(Kitco News) – Bitcoin-U.S. dollar prices are a bit firmer and seeing a mild downside correction after prices hit a record high this week. The bulls have the strong overall technical advantage to suggest more new highs are coming.
Read moreGold Futures Technical Analysis: The bulls push past the value area
(Kitco News) – Gold is still technically in a sideways move but there has been a bullish bounce off the mean value area. The area is represented by the blue shaded area below the current price and is the place on the chart where most contracts have bee…
Read moreThe Commerzbank and Credit Suisse technical teams have a slightly opposing view on the next move in gold.
(Kitco News) – Kicking off with Credit Suisse, they believe that the yellow metal has seen a cap at the $1755/65 level to maintain its immediate downside bias.
Read more