Gold price at 10-mo. low, trending lower, on rising bond yields
(Kitco News) – Gold and silver prices are lower again in early U.S. trading Monday, with gold hitting a 10-month low.
Read moreBitcoin daily chart alert – Bulls keeping price uptrend alive – Mar. 8
(Kitco News) – Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday. Not much new recently.
Read moreBoE’s Gov Bailey give us some hints on the future path of monetary policy
(Kitco News) – Bank of England governor Bailey has been talking today and could have given us some insight into the Bank of England’s thinking in the coming months. In a speech titled “Getting over Covid” the central banker said the “outlook is positiv…
Read moreGerman industrial production dives in January
(Kitco News) – German Industrial Production seasonally adjusted for Janruary came in at -2.5% vs consensus estimates of -0.4% (prev 0.0%) & Industrial Production WDA Jan -3.9% vs estimates of -3.7% (prev -1.0%).
Gold flirts with the $1700 level ahead of the EU open
(Kitco News) – Gold and silver are trading marginally higher leading into the European cash open on the first trading day of the week. The yellow metal has moved above the psychological $1700/oz level, while silver trades at $25.38/oz.
Read moreThe ‘magic number’ you need to develop a nickel project
(Kitco News) – On top of that, batteries are also picky about their nickel. Only Class 1 or 99.9% pure nickel is usable.
Read moreThe Metals, Money, and Markets Weekly by Mickey Fulp – March 5, 2021
(Kitco News) – The Metals, Money, and Markets Weekly by Mickey Fulp – March 5, 2021
Read moreWhat happens to gold next, and where are yields headed? Peter Hug
(Kitco News) – The 10-year yield has climbed to 1.56% Friday morning, but can rise to as high as 1.7% before the Federal Reserve steps in to intervene, said Peter Hug, global trading director of Kitco Metals.
Read moreGold is feeling the heat as Powell ignores bond market selloff
(Kitco News) – Just when it looked like gold was finding a bottom around $1,700, Federal Reserve Chair Jerome Powell decided to throw the market a shovel and told investors to start digging.
Read moreBrutal March? Gold price at risk of a flash crash to $1,600 – analysts
(Kitco News) – The first week of March was a damaging one for gold as prices broke through the psychological level of $1,700. Now, the key question on everyone’s minds is just how much lower can gold drop before bottoming out?
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