Gold, silver, and platinum prices test key resistance in the wake of weak U.S. jobs data – FX Empire’s Zernov
(Kitco News) – Gold has moved above $3,370 per ounce despite a stronger U.S. dollar, while silver is attempting to settle above the $37.50 per ounce level, and platinum prices briefly broke above resistance near $1350, according to Vladimir Zernov, market analyst at FX Empire.
Read moreGold, silver see decent gains as markets expect Sept. Fed rate cut
(Kitco News) – Gold and silver prices are higher near midday Monday, supported by notions of lower U.S. interest rates coming in September, following a downbeat U.S. economic report released last Friday that fell squarely into the camp of the monetary …
Read moreCiti raises gold forecast back to $3,500/oz by November on negative U.S. outlook, geopolitical risk
(Kitco News) – Banking giant Citi announced on Monday that it has raised its gold price forecast to $3,500 per ounce over the next three months, up from $3,300 in June. “U.S. growth and tariff-related inflation concerns are set to remain elevated during 2H’25, which alongside a weaker dollar, are set to drive gold moderately higher, to new all-time highs,” the bank’s analysts wrote.
Read moreGold jewelry demand slides, solar demand for silver flattens, diesel demand for platinum collapses – Heraeus
(Kitco News) – While gold, silver, and platinum prices are all moving higher on Monday morning, the latest demand data for all three precious metals show potential weakness on the horizon, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts wrote that China has followed India in reducing gold jewelry consumption amid persistently high prices.
Read moreBitcoin August 4 daily chart alert – Bears working on price downtrend
(Kitco News) – Monday, August 4—August bitcoin futures prices are up a bit in early U.S. trading Monday, on a mild upside correction from lower prices Friday that hit a three-week low.
Read moreGold price up as marketplace thinking pivots on Fed policy
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday, boosted by notions of lower U.S. interest rates coming in September, following a very downbeat U.S. economic report Friday that fell squarely into the camp of the monetary p…
Read moreGold market analysis for August 4 – 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 moreThis week’s gold market had more plot twists than a noir film
(Kitco News) – Few markets shift sentiment as swiftly—or as dramatically—as gold. Just when you think the trend is set, one headline or data point can send prices into a tailspin or soaring rally.
Read moreJuly’s weak US jobs report is injecting gold bulls with fresh confidence; $3,400 on the table
(Kitco News) – Gold is staging a powerful late-week comeback, shaking off early-week losses and surging toward a key resistance level of $3,400 an ounce as weakening U.S. labor data revives hopes for a Federal Reserve rate cut in September.
Read moreWall Street is extremely bullish on gold as disappointing jobs data, tariff turmoil boost chances of a September rate cut
(Kitco News) – After a relatively quiet summer, disappointing labor market data has breathed new life into the gold market, and Wall Street bulls are starting to run wild.
Read more