$2,000 gold price delayed as volatility weighs: RBC Wealth Management
(Kitco News) – The current volatility in the marketplace is delaying gold’s rise back to $2,000 an ounce, says RBC Wealth Management managing director George Gero.
Read moreMajor miner shares see chart postures generally improve
(Kitco News) – See on the daily bar charts for 10 popular gold/mining stocks that their near-term technical postures have generally improved the past week, led by El Dorado.
Read moreIMF raises growth forecasts for 2020 in latest global economic report
(Kitco News) – The global economic outlook looks slightly better than expected as the International Monetary Fund (IMF) raises its growth forecasts for this year and next.
Gold price finds little direction following in line U.S. CPI data
(Kitco News) – Gold prices continue to struggle for direction as consumer inflation pressures rose in line with expectations, September.
Gold, silver see some price weakness as USDX firmer
(Kitco News) – Gold and silver futures prices are modestly down in early U.S. trading Tuesday, and seeing some pressure in part on a firmer U.S. dollar index on this day.
Read moreBitcoin daily chart alert – Bulls in command amid price uptrend – Oct. 13
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Tuesday, following good gains Monday that pushed prices to a five-week high.
Read moreJPMorgan profit rises 4% as trading boosts quarter
(Reuters) – JPMorgan Chase & Co JPM.N reported a 4% rise in third-quarter profit on Tuesday, helped by a surge in trading activity as global financial markets rebounded from a coronavirus-induced slump.
The gold price bounces off a key level leading into the US session
(Kitco News) – Gold has bounced off the red support level at $1913.13 per ounce. This area was a formidable support area previously and could be a decent support zone leading into the US session this afternoon. The level the bulls need to keep an eye o…
Read moreShanta gold achieve encouraging results in Kenya study
(Kitco News) – Shanta gold has pushed another 5% higher on Tuesday taking the year to date rise up to 105%. In today’s update the company have posted an encouraging result from the study in West Africa in the Kenya region
Read morePrecious metals are subdued leading into the EU open
(Kitco News) – The precious metals complex is subdued leading into the EU cash open with gold trading 0.30% in the red. Silver is also under pressure in early trade and has just dipped under the $25 per ounce mark to trade 0.58% lower.
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