Gold, silver see price pressure amid bearish outside markets
(Kitco News) – Gold and silver prices are weaker in early U.S. trading Tuesday, amid bearish outside markets that see sharply lower crude oil prices and a solid rally in the U.S. dollar index.
Read moreBitcoin daily chart alert – Bearish chart pattern forms – Sep. 8
(Kitco News) – Bitcoin-U.S. dollar prices are lower Tuesday. Bulls have lost their overall near-term technical advantage and bears have downside momentum. A bear flag pattern has also recently formed on the daily bar chart.
Read moreAll eyes on the ECB and potential currency devaluation rate
(Kitco News) – All eyes will now be watching the European Central Bank to see if they will do anything to push inflation pressures higher.
Gold’s, silver’s trajectory depends on rising inflation – RJO Futures
(Kitco News) – Gold’s, silver’s trajectory depends on rising inflation – RJO Futures
Look past jobs report and focus on Friday CPI – Commerzbank
(Kitco News) – Markets continue to digest the latest better-than-expected employment data. However, one international bank recommends that gold investors pay more attention to impending inflation data.
Gold miners present strong value as gold prices rise – Franklin Templeton Investments
(Kitco News) – (Kitco News) – Unprecedented central bank action to pump stimulus into financial markets to support the global economy devastated by the COVID-19 pandemic pushed prices to all-time highs in August. Now one fund manager is expecting a new factor to drive prices back above $2,000 an ounce.
Why juniors could trade higher, and what could hold them back
(Kitco News) – There’s also the nature of the financings. Kwantes warns about a “flood of paper” potentially hitting the market, which could depress the sector later in the year.
Read moreMIT professor: this new battery could change the world, these metals needed
(Kitco News) – MIT professor: this new battery could change the world, these metals needed
Read moreInvestors can’t ignore the threat of currency devaluation – Willem Middelkoop
(Kitco News) – More generalist investors are jumping into the gold market because they can no longer ignore the threat of global currency debasement, according to one fund manager.
Read moreNew momentum in U.S. dollar, ECB biggest risks for gold price – analysts
(Kitco News) – A resurgence of bullish momentum in the U.S. dollar represents most significant risk for the gold market next week as the price remains caught in a grinding consolidation pattern, according to market analysts.
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