Lack of physical gold demand in Asia is weighing on the metal: Commerzbank
(Kitco News) – Investor demand is keeping gold from sliding below $1,900 an ounce, but weak physical demand out of Asia is keeping a lid on the precious metal’s gains, according to Commerzbank.
Read moreGold prices near session highs but reaction is muted to drop in U.S. new home sales
(Kitco News) – The gold market remains relatively stable with prices pushing only slightly above $1,900 an ounce as the U.S. housing market remains a strong pillar within the economy, despite falling last month.
Gold sees slight price weakness amid firmer USDX
(Kitco News) – Gold futures prices are a bit lower in early U.S. trading Monday. The precious metals continue to trade in an inverse fashion with the daily movements of the U.S. dollar index, which is higher today.
Read moreGold and silver technicals heading into the US open
(Kitco News) – Gold has rebounded leading into the US open but there are some key resistance levels the yellow metal has to take out before looking bullish again. Leading into the last week before the US election it is understandable things are slightl…
Read moreBitcoin daily chart alert – Bulls in strong control – Oct. 26
(Kitco News) – Bitcoin-U.S. dollar prices have set a 16-month high and bulls are in strong technical control. Prices are in an accelerating uptrend on the daily chart to suggest still more gains in the near term.
Read moreGold premiums rise in India ahead of Diwali
(Kitco News) – Gold premiums are on the rise in India as jewellers prepare for the festive season. Although the COVID-19 pandemic has taken its toll on the nation some say that the festivities could be a welcome distraction to what has been a very toug…
Read moreGold and silver have a tough start to the week falling during the Asian session
(Kitco News) – It not been the best start to the week for precious metals on the first trading day this week. Gold has moved 0.25% lower, while silver is down nearly 2%. Silver has taken out a key intraday support level at $24.32 and looks destined for…
Read moreFed Chair: 80% of global central banks considering digital currencies
(Kitco News) – Fed Chair: 80% of global central banks considering digital currencies
Read moreDon’t bet on rapid EV adoption; platinum, palladium will still be needed – CPM Group
(Kitco News) – Don’t bet on rapid EV adoption; platinum, palladium will still be needed – CPM Group
SIDEX tripled its assets investing in this mining jurisdiction
(Kitco News) – SIDEX tripled its assets investing in this mining jurisdiction
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