Dovish Fed comments suggest FOMC intrigue, gold will challenge $3,500 soon – Commerzbank’s Nguyen
(Kitco News) – Gold prices are getting a boost from an outspoken dove at the FOMC who may be angling for Powell’s job, and the yellow metal should be bumping up against the April all-time high of $3,500 per ounce in short order, according to Thu Lan Nguyen, head of FX and commodity research at Commerzbank.
Read moreGold prices holding support above $3,400 as U.S. existing home sales fall 2.7%
(Kitco News) – Gold prices are holding support above $3,400 an ounce but are struggling to attract renewed safe-haven demand even as the U.S. housing market continues to struggle.
Read moreFreeport Reports $790M in Adjusted Q2 Earnings, Topping Estimates
(Kitco News) – Freeport (NYSE: FCX), one of the world’s largest copper producers and a major gold miner, reported stronger-than-expected second-quarter earnings, driven by higher metal prices and lower costs.
Read moreBitcoin July 23 daily chart alert – Choppy and sideways action, but bulls hold the edge
(Kitco News) – Wednesday, July 23—July bitcoin futures prices are weaker in early trading Wednesday. Not much new at mid-week, in quieter summertime trading.
Read moreGold price slightly down as risk appetite up-ticks
(Kitco News) – Gold prices are just a bit weaker in early U.S. trading Wednesday, after hitting a five-week high overnight. Silver prices are firmer and hit a nearly 14-year high today.
Read moreGold market analysis for July 23 – 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 moreFed payouts a “quiet subsidy,” congress must reassert constitutional power over money – Judy Shelton
(Kitco News) – Economist Judy Shelton issued a blistering critique of the Federal Reserve’s interest-on-reserve policy on Tuesday.
Read moreRussian precious metal sales to China up 80% to $1 billion in H1 2025
(Kitco News) – Russia’s precious metals exports to China nearly doubled in value during the first half of 2025, according to the latest trade data.
Read moreGold’s $3,000 breakout has redefined mining profits, but are investors paying attention?
(Kitco News) – Gold’s historic surge past $3,000 an ounce in Q2 has supercharged the mining sector, setting the stage for record-breaking profit margins this earnings season, according to one investment banking firm.
Read moreFrom tax reform to gold reserves: states lead the charge for sound money
(Kitco News) – The U.S. dollar has been in a steep decline since the start of the year and is currently trading near multi-year lows.
Read more