Gold, silver erase overnight losses after data show U.S. economy lukewarm
(Kitco News) – Gold prices are up just a bit and silver prices are near steady in midday U.S. trading Tuesday, following of a slew of economic data that showed the U.S. economy is not running hot but neither is it cooling off too rapidly.
Read moreGold hits session high above $4,330/oz as flash PMI shows manufacturing, service sectors weakening
(Kitco News) – The gold market is trading at session highs above $4,330 per ounce after the latest data showed weakening economic activity and rising price pressures in both the manufacturing and service sectors in December.S&P Global reported on T…
Read moreGold prices holding its ground above $4,300 after U.S. economy created 64K jobs in November, unemployment rate rises
(Kitco News) – The gold market continues to test new support around $4,300 an ounce and is attracting modest bullish momentum as the U.S. labor market remains relatively resilient but shows signs of slowing.After another significant delay in the releas…
Read moreGold prices turn positive after U.S. retail sales come in flat at 0.0% in October
(Kitco News) – The gold market rose sharply back above $4,300 after the latest data showed American consumers’ spending growth coming in below expectations.U.S. retail sales posted a flat 0.0% print in October following a downwardly revised reading of 0.1% in September, the U.S. Commerce Department announced on Tuesday. The data was lower than expectations, as the consensus of economists projected a 0.1% increase in October’s headline number.
Read moreBitcoin December 16 daily chart alert – Bears have the advantage
(Kitco News) – Tuesday, December 16–December bitcoin futures prices are up a bit in early trading Tuesday. A price uptrend on the daily chart has been negated and bears have the overall near-term technical advantage.
Read moreGold market analysis for December 16 – 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 moreModest price pressure on gold, silver as big U.S. data day looms
(Kitco News) – Gold and silver prices are weaker in early U.S. trading Monday, ahead of a slew of U.S. economic data that includes the latest monthly jobs report.
Read moreSilver Institute sees strong industrial demand supporting long-term bull market
(Kitco News) – While investment demand has been the driving force in the silver market—pushing prices back above $63 an ounce—robust investment demand is expected to continue providing long-term fundamental support, according to the latest report from the Silver Institute.
Read moreGold’s rally to $5,000 in 2026 will outperform U.S. dollar and bonds – Société Générale
(Kitco News) – Gold will continue to outperform U.S. bonds and the greenback through 2026, which is why one major bank is maintaining its maximum allocation and recommends that investors buy the precious metal on dips.
Read moreProfit taking tempers early gold gains; silver solidly up
(Kitco News) – Gold prices are near steady in midday U.S. trading Monday, and have lost the sharp early gains as profit-taking and weak long liquidation from the shorter-term futures traders is featured.
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