Silver price hits a wall at $39 an ounce, but it is poised to move higher – Solomon Global
(Kitco News) – Although silver hit resistance at $39 an ounce, it still has plenty of momentum to challenge its 2011 all-time highs, according to one market analyst.
Read moreMacquarie raises silver forecast but expects prices will peak this year
(Kitco News) – Although silver has been unable to sustain an initial breakout above $39 an ounce to start the week, the precious metal is maintaining an impressive rally near 14-year highs. According to one investment bank, this could mark the high-wat…
Read moreGold needs trade, rate clarity to break above $3,300, copper shows tariffs on gold can’t be ruled out – WGC’s Cavatoni
(Kitco News) – Gold’s continued consolidation near $3,300 per ounce shows the market is still waiting for clarity on interest rates and trade, and last week’s sudden announcement of tariffs on U.S. copper imports is a reminder that investors can’t be certain the same won’t happen for gold, according to Joe Cavatoni, Chief Market Strategist for North America at the World Gold Council.
Read moreGold needs trade, rate clarity to break above $3,300, copper shows tariffs on gold can’t be ruled out – WGC’s Cavatoni
(Kitco News) – Gold’s continued consolidation near $3,300 per ounce shows the market is still waiting for clarity on interest rates and trade, and last week’s sudden announcement of tariffs on U.S. copper imports is a reminder that investors can’t be certain the same won’t happen for gold, according to Joe Cavatoni, Chief Market Strategist for North America at the World Gold Council.
Read moreGold, silver see routine profit-taking pressure
(Kitco News) – Gold and silver prices are down on some normal profit taking from the shorter-term futures traders in midday U.S. dealings Monday.
Read moreGold market analysis for July 14 – 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 moreBitcoin July 14 daily chart alert—Bulls in firm command
(Kitco News) – Monday, July 14—July bitcoin futures prices are solidly up and hit another contract high in early trading Monday.
Read moreGold price slips; silver up and hits nearly 14-year high
(Kitco News) – Gold and silver prices are higher in early U.S. trading Monday, with silver scoring a nearly 14-year high.
Read moreWall Street bears return to endangered status, Main Street bulls now in the minority as inflation concerns rise
The latest Kitco News Weekly Gold Survey showed industry experts evenly split between bullish and neutral on gold’s near-term prospects, while retail traders went the other way and abandoned their bullish bias.
Read moreGold price can hold $3,300 an ounce but faces growing competition in the commodity sector
(Kitco News) – The gold market has managed to claw its way back above a critical psychological level heading into the weekend. But even as the precious metal continues to find support as a geopolitical and economic safe-haven asset, analysts are warnin…
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