UK budget’s tax hikes and spending increases could drive investors to physical bullion – Solomon Global
(Kitco News) – The United Kingdom’s economic outlook has become a little more complicated after the government’s budget was leaked, proposing new taxes, increased spending, and limited savings growth for consumers as it anticipates lower economic activity over the next five years.
Read moreGold, silver higher amid mixed bag of U.S. economic data
(Kitco News) – Gold and silver prices are higher in midday U.S. trading Wednesday, as traders digested another busy day of U.S. economic data releases.
Read moreCan gold lose its safe-haven bid as U.S. Durable Goods rise more than expected in September
(Kitco News) – Solid activity in the U.S. manufacturing sector is creating modest selling pressure for gold, as easing recession fears weigh on the precious metal’s safe-haven allure.
Read moreSpot gold at $4,155/oz after U.S. weekly jobless claims fall to 216k
(Kitco News) – Gold prices were coming off session highs above $4,170 per ounce following the release of better-than-expected labor market data after the number of Americans filing new claims for unemployment benefits was lower than economists’ forecasts.
Read moreBitcoin November 26 daily chart alert – Bulls work to stabilize price
(Kitco News) – Wednesday, November 26–December bitcoin futures prices are near steady in early trading Wednesday. Bulls are working to stabilize the market after prices last Friday hit a contract low.
Read morePrice gains for gold, silver as another busy U.S. data day ahead
(Kitco News) – Gold and silver prices are higher in early U.S. trading Wednesday, as traders await another busy day of U.S. economic data releases.
Read moreGold market analysis for November 26 – 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 moreTether’s gold purchases could support prices for years – Jefferies
(Kitco News) – Central bank gold purchases and investment demand have been two key factors driving gold prices to record highs this year, but one investment firm is looking at another segment of the gold market that is starting to attract significant a…
Read moreGold will gain on USD weakness, Fed easing even if equities remain strong – HSBC’s Bohn
(Kitco News) – Despite the recent choppiness, gold remains on an upward trajectory amid strong demand from central banks and retail investors, with central banks and gold-backed ETFs continuing to buy, according to Rodolphe Bohn, currencies and commodities strategist at HSBC.In HSBC’s Think Future 2026 outlook publication, Bohn said that even with its impressive performance year-to-date and more recent volatility, the bank maintains a positive outlook for gold in the months ahead.
Read moreGold, silver higher amid onslaught of U.S. economic data
(Kitco News) – Gold and silver prices are higher in midday U.S. trading Tuesday, as traders are in the middle of a two-day barrage of U.S. economic data releases that so far are showing a mixed bag.
Read more