Gold rallies to 5-week high on weaker USDX, dip in U.S. Treasury yields
(Kitco News) – Gold prices are sharply up at midday and hit a five-week high. Silver prices are modestly higher and hit a nearly 14-year high today.
Read moreGold and silver prices diverge as news reaction weakens, investors rotate allocations – StoneX’s O’Connell
(Kitco News) – The ongoing rally in silver is being driven by market rotation and industrial demand, while gold’s diminishing reactions to global risks are contributing to a divergence between gold and silver prices, according to Rhona O’Connell, StoneX Head of Market Analysis for EMEA & Asia.
Read moreBitcoin July 22 daily chart alert – Chart consolidation continues
(Kitco News) – Monday, July 22—July bitcoin futures prices are firmer in early trading Tuesday. Sideways and consolidative trading continues amid the summertime doldrums.
Read moreGold, silver see modest downside price corrections
(Kitco News) – Gold and silver prices are a bit weaker in early U.S. trading Tuesday, on some mild profit-taking pressure from the shorter-term futures traders and some chart consolidation.
Read moreGold market analysis for July 22 – 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 moreSpeculative demand for gold is overcrowded, but this is not driving prices – Standard Chartered’s Suki Cooper
(Kitco News) – While bullish speculation in gold remains crowded, one market strategist argues it’s not the main driver behind recent price moves.
Read moreRecord price rises drive unprecedented interest in gold, silver and platinum – British Royal Mint
(Kitco News) – Gold isn’t just glittering—it’s outperforming expectations, and investors in the UK are taking notice in a big way.
Read moreGold price faces a crossroad this week, and there’s no guarantee the break will be to the upside – City Index’s Scutt
(Kitco News) – Gold traders face a crossroad this week as the narrowing channel between support and resistance forces the yellow metal’s price into either a breakout or a breakdown, according to David Scutt, market analyst at City Index.In a technical analysis published Monday, Scutt wrote that while the signals are marginally bullish on balance, the upside break is by no means assured.
Read moreLong gold/short dollar is not going away any time soon – NDR’s Tim Hayes
(Kitco News) – Gold bulls and dollar bears continue to dominate global markets—an enduring trend that one top strategist says is far from over.
Read moreGold, silver rally sharply as USDX slumps, bond yields decline
(Kitco News) – Gold and silver prices are sharply higher near midday Monday, with gold notching a four-week high. Silver futures are poised for a nearly 14-year high close today.
Read more