Gold prices holding gains as FOMC minutes show Federal Reserve remains hesitant to cut rates
(Kitco News) – The gold market continues to trade below initial resistance at $3,350 an ounce as the Federal Reserve tries to extend the clock, saying it needs more time to evaluate the health of the U.S. labor market and the trajectory of inflation, a…
Read moreGold can ‘float’ to $3,600, but it won’t outperform silver and platinum – MKS’ Nicky Shiels
(Kitco News) – The gold market continues to hold solid support above $3,300, but it’s only a matter of time before it trades to new all-time highs above $3,500, according to one market strategist.
Read moreFed meeting minutes will expose dissent, Powell’s keynote speech could signal pivot – Experts
(Kitco News) – Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting cycle, which began with a 50-basis-point cut in September 2024, but ended in December after two more 25-bps cuts. Gold traders are particularly eager to see lower rates, as the easing of the trade tariff premium has left precious metals prices stuck in a $200 range since late April.
Read moreFed meeting minutes will expose dissent, Powell’s keynote speech could signal pivot – Experts
(Kitco News) – Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting cycle, which began with a 50-basis-point cut in September 2024, but ended in December after two more 25-bps cuts. Gold traders are particularly eager to see lower rates, as the easing of the trade tariff premium has left precious metals prices stuck in a $200 range since late April.
Read moreFed meeting minutes will expose dissent, Powell’s keynote speech could signal pivot – Experts
(Kitco News) – Markets in the United States and around the world are anxiously awaiting the resumption of the Federal Reserve’s rate-cutting cycle, which began with a 50-basis-point cut in September 2024, but ended in December after two more 25-bps cuts. Gold traders are particularly eager to see lower rates, as the easing of the trade tariff premium has left precious metals prices stuck in a $200 range since late April.
Read moreGold, silver rally as U.S. stock indexes sell off
(Kitco News) – Gold and silver prices are solidly higher near midday Wednesday, supported in part by a sell off in the U.S. stock indexes at mid-week and by some fresh technical buying.
Read moreBitcoin August 20 daily chart alert – Bulls work to stabilize market
(Kitco News) – Wednesday, August 20—August bitcoin futures prices are near steady in early U.S. trading Wednesday, after poking to a five-week low overnight.
Read moreGold market analysis for August 20 – 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 morePrice gains for gold as FOMC minutes on deck
(Kitco News) – Gold prices are moderately higher in early U.S. trading Wednesday, as the marketplace awaits an important report from the Federal Reserve later today.
Read more“Sanctions are for losers” and tariffs are a “Dumbo tax” as the dollar weakens and gold rises – Steve Hanke
(Kitco News) – The global monetary order is straining under sanctions and tariffs, with gold emerging as the safe-haven winner, according to Steve Hanke, Professor of applied economics at Johns Hopkins University. “Sanctions are for losers,” Hanke said. “Russia is the most sanctioned country in the world by far. Who’s paid for this? Well, the Europeans.”
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