Monday’s Forex Analytical Charts
Read moreGold Treads Water, Range Trade Seen Into Fed Meeting
(Kitco News) – Gold closed out last week on the defensive, with a lower weekly close. In the very short-term, heading into the U.S. Federal Open Market Committee (FOMC) policy statement on October 29, the yellow metal will likely chop around in a tight range. Let’s take a look at the key levels to monitor.
Gold Near Steady; Fresh Inputs Awaited
Gold prices are trading near unchanged in early U.S. dealings Monday.
Read moreGold Market Starts Week Struggling To Hold On To Recent Gains
(Kitco News) – The gold market is struggling to hold on to recent gains as prices recover from a soft open. So far the short-term outlook remains mixed as investors wait for the Federal Reserve’s monetary policy meeting.
Gold Heads Into Month End Watching FOMC, US Dollar
October so far as been a treat for gold bulls, with the market rising smartly off an early-month sell off, but the Federal Open Market Committee meeting and movements in the U.S. dollar will decide whether Halloween has any tricks for the yellow metal…
Read moreSilver Miners Staring Down The Barrel Of Heavy Cost Cutting – BMO Capital Markets
(Kitco News) – With silver prices tracking lower over the last 18 months, silver miners will need to cut costs as many companies are producing ounces above spot price.
Read moreSurvey Participants Lean Bearish Toward Gold Prices
Survey participants in the weekly Kitco News gold survey are nominally bearish on gold prices, although they don’t own the majority opinion as a fair number of respondents see prices trading sideways.
Friday’s Forex Analytical Charts
Read moreFriday’s Analytical Charts for Gold, Silver and Platinum and Palladium
Read moreU.S. New Home Sales Rise 0.2% In September After August Revised Lower
(Kitco News) – The state of the U.S. housing sector remains mixed as the U.S. Commerce Department reported a small rise in new homes sales in September, after August’s gains were revised lower.
