Gold market ignores rise in U.S. existing home sales
(Kitco News) – The gold market, while off its highs, remains in striking distance of $4,100 an ounce even as the U.S. housing market saw a modest improvement last month, with the number of consumers buying a home increasing more than expected, accordin…
Read moreSpot gold trades near $4,075/oz after Philly Fed survey rises to -1.7 in November
(Kitco News) – The gold market is trading near flat on Thursday morning after the Philadelphia Federal Reserve’s manufacturing sector survey improved but remained in contractionary territory this month.
Read moreSpot gold approaches $4,100/oz after U.S. weekly jobless claims fall to 220k
(Kitco News) – Gold prices were rising toward the $4,100 per ounce threshold 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 moreGold prices holding steady as U.S. economy created 119K jobs in September
(Kitco News) – The gold market is trying to hold its ground well above initial support at $4,000 an ounce as extremely outdated employment data shows some resilient strength in the U.S. labor market.
Read moreGold price slightly down as global stock markets rally
(Kitco News) – Gold prices are slightly lower in early U.S. trading Thursday and silver is near steady, just ahead of the U.S. employment report for September—the first such report in weeks.
Read moreGold price slightly down as global stock markets rally
(Kitco News) – Gold prices are slightly lower in early U.S. trading Thursday and silver is near steady, just ahead of the U.S. employment report for September—the first such report in weeks.
Read moreRethinking the 60/40 portfolio in the U.S. as gold becomes a ‘core allocation’ – WisdomTree
(Kitco News) – As macro conditions shift, investors are beginning to view gold as a core allocation for structural resilience, while Europe’s growing allocation to gold – now equal to sovereign bonds – is accelerating the adoption of real assets like ETFs in the United States, according to a new analysis from WisdomTree.
Read moreFed sees continued jobs weakness but inflation worries rise, members have “strongly differing views” on December – Fed Minutes
(Kitco News) – The Federal Open Market Committee (FOMC) once again acknowledged the weakening labor market, but expressed more concern about the impact of lower rates on inflation, and participants voiced “strongly differing views” on what to do at the December meeting, according to the minutes of the Federal Reserve’s October 28-29 meeting released Wednesday afternoon.
Read moreA balanced platinum market in 2026 won’t fix fundamental long-term issues – WPIC
(Kitco News) – Unprecedented market conditions during the third quarter helped drive platinum prices to their highest level in nearly 15 years. And as prices could continue to consolidate at elevated levels in the near term, the market remains well sup…
Read moreGold Miners Boost Dividends and Shift to All-Share M&A, says Joe Mazumdar
(Kitco News) Gold producers are increasing capital returns as higher metal prices and strong third quarter margins improve free cash flow, says Joe Mazumdar, Editor of Exploration Insights.
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