Fed Chair Powell’s keynote speech could be next catalyst for gold and silver prices – Saxo Bank’s Hansen
(Kitco News) –Gold and silver continue to trade in tight ranges as traders await the next catalyst for price action – and Fed Chair Powell’s keynote speech from Jackson Hole on Friday is the next potential trigger, according to Ole Hansen, head of commodity strategy at Saxo Bank.
Read moreBitcoin’s $115K level is ‘very expected’ profit-taking, and institutional money is pouring in – Botanix Labs COO
(Kitco News) – Bitcoin’s recent 6.5% pullback from an all-time high near $124,000 is a predictable and healthy market function, not a cause for alarm, according to one industry COO.
Read moreGold performs more like luxury real estate than a commodity – Goldman Sachs
(Kitco News) –Because gold is not consumed, but instead accumulated over time, prices are primarily driven by changes in ownership rather than the traditional supply and demand dynamics that govern other commodities, according to analysts at Goldman Sachs. In a recent research note, the analysts wrote that gold prices move more like prime Manhattan real estate than barrels of oil.
Read moreGold, silver down on technical selling, position evening ahead of Powell
(Kitco News) – Gold and silver prices are lower and hit two-week lows near midday Tuesday, with silver posting solid losses. Chart-based selling from the shorter-term futures traders is featured in both metals today.
Read moreGold prices holding steady as U.S. housing construction rises 2.5% in July
(Kitco News) – The gold market continues to trade sideways, paying little attention to housing sector data that shows an improvement in construction activity.
Read moreBitcoin August 19 daily chart alert – Bears gaining strength
(Kitco News) – Tuesday, August 19—August bitcoin futures prices are lower again Tuesday. Bears are now in some technical trouble after prices last week spiked to a contract/record high and then sold off sharply to score a bearish “key reversal” down on the daily bar chart.
Read moreGold price up a bit in quieter trading as Jackson Hole looms
(Kitco News) – Gold prices are modestly up in early U.S. trading Tuesday. Trading in stock and financial markets is subdued early this week as market participants await a major central bank confab in the western U.S. later in the week.
Read moreGold market analysis for August 19 – 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 and silver forecasts revised higher, but gains will be limited – StoneX’s Rhona O’Connell
(Kitco News) – The dog days of summer continue to take their toll on gold, as prices remain above $3,300 an ounce but struggle to attract new momentum.
Read moreTürkiye’s gold imports fall to 2023 lows despite 47% gain against the lira as investors rotate into silver
(Kitco News) –Gold demand in Türkiye has been among the highest in the world in recent years as the country’s acute inflation crisis has driven bullion demand well above the strong global average. But this demand is flagging in 2025 under the combination of persistently high gold prices and the increasing attractiveness of silver, according to the latest data from the Turkish stock exchange.
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