Only a matter of time before gold breaks its currency chains; mining stocks remain attractive – BCA’s Ibrahim
(Kitco News) – The gold market has been trading sideways for the last four months. Despite the lack of momentum, one research firm continues to recommend buying gold on dips, maintaining that the structural bull market is far from over.
Read moreCentral bank gold demand cools but Fed cuts will boost bullion price, silver ETFs climb as coins slide – Heraeus
(Kitco News) – Central bank gold demand appears to be dropping after over two years of historic highs, but a Fed rate cut could boost the rally higher, while silver ETF demand is continuing to climb even as coin sales slide, according to precious metals analysts at Heraeus.
Read moreGold sees choppy trading as Jackson Hole in focus
(Kitco News) – Gold prices are down a bit and have traded both sides of unchanged so far today, as position evening is featured early this week ahead of a major central bank confab in the western U.S. later in the week.
Read moreBitcoin August 18 daily chart alert – Bearish chart signals surface
(Kitco News) – Monday, August 15—August bitcoin futures prices are lower Monday morning and bears are fading after prices last Thursday 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 modestly up as trader focus turns to major Fed event
(Kitco News) – Gold prices are firmer in early U.S. trading Monday as position evening is featured early this week ahead of a major central bank event later in the week.
Read moreGold market analysis for August 18 – 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 moreWall Street pulls back from gold market after Swiss tariff drama, Main Street majority still expects gains during Fed-heavy week
The latest Kitco News Weekly Gold Survey showed the overwhelming majority of Wall Street experts expect the market to continue trending sideways, while a solid majority of Main Street investors still believe gold can make gains next week.
Read moreNext week’s July meeting minutes and Jackson Hole speech offer in-depth looks into the Fed’s past and future
(Kitco News) – While this week’s economic news focused on inflation and the health of the American consumer, next week the spotlight centers once again on the Federal Reserve.The U.S. Bureau of Labor Statistics reported on Tuesday that the Consumer Price Index rose 0.2% last month after June’s 0.3% increase, in line with expectations, and 2.7% over the past 12 months, which was slightly below expectations for a 2.8% increase.
Read morePreliminary Consumer Sentiment falls to 58.6 in August as inflation expectations rise
(Kitco News) – The gold market is trading higher ahead of the weekend after the latest data showed consumer sentiment in the U.S. declining more than expected, while inflation expectations rose higher.
Read moreGold prices dip to session lows after U.S. retail sales rise 0.5% in July
(Kitco News) – The gold market is golding steady after the latest data showed American consumers’ spending growth improving in line with expectations last month.U.S. retail sales rose 0.5% last month following a reading of 0.6% in June, the U.S. Commerce Department announced on Friday. The data were in line with expectations, as the consensus of economists projected a 0.5% increase in July’s headline number. In the last 12 months, retail sales increased 3.9%, the report said, against expectations for a 3.5% increase and following June’s 4.4% increase.
Read more