Gold prices struggling even as U.S. Consumer Confidence falls to April low
(Kitco News) – The gold market is holding support above $4,100 an ounce but is unable to attract any safe-haven demand, even as U.S. consumer confidence falls more than expected.
Read moreSpot gold off session lows after U.S. pending home sales surprise with 1.9% rise in October
(Kitco News) – Hopes for a stabilizing U.S. housing market were bolstered after the number of potential home buyers rose beyond expectations last month, according to the latest data from the National Association of Realtors (NAR).
Read moreGold sees renewed bullish momentum as producer inflation poses little threat to Fed rate cuts
(Kitco News) – The gold market is seeing renewed momentum with prices pushing back above $4,100 as markets once again start pricing in a potential rate cut next month from the Federal Reserve.
Read moreGold prices near session highs after U.S. September retail sales rise 0.2%
(Kitco News) – The gold market is trading near its daily highs after the latest data showed American consumers’ spending growth coming in below expectations.U.S. retail sales rose 0.2% in September following a reading of 0.6% in August, the U.S. Commerce Department announced on Tuesday. The data was lower than expectations, as the consensus of economists projected a 0.4% increase in September’s headline number.
Read morePrice gains for gold, silver as big U.S. data dump looms
(Kitco News) – Gold and silver prices are higher in early U.S. trading Tuesday, as traders await a two-day onslaught of U.S. economic data releases.
Read moreBitcoin November 25 daily chart alert – Bears remain in solid control
(Kitco News) – Tuesday, November 25–December bitcoin futures prices are weaker in early trading Tuesday. Prices last Friday hit a contract low and the technical picture remains strongly bearish.
Read moreGold market analysis for November 25 – 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 moreGold a crowded trade, price will be sensitive to holiday shopping data, says Kathy Lien
(Kitco News) – This week could present a strategic buying opportunity for gold investors, even as the price trades comfortably near $4,100 an ounce, according to one market strategist.
Read moreChina’s 2025 gold purchases likely 10X higher than the official 25 tons, real total reserve tops 5,000 tons – SocGen
(Kitco News) – China’s off-the-books gold purchases are ten times higher than the official numbers, and the Asian giant’s true reserves are second only to those of the United States, according to a new report by El Pais.
Read moreGold, silver gain as barrage of U.S. economic data on deck
(Kitco News) – Gold and silver prices are higher in midday U.S. trading Monday, in a quieter start to a U.S.-holiday-shortened trading week. Traders and investors are awaiting a heavy slate of U.S. economic data due to be released Tuesday and Wednesday.
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