Gold market drops 3% but long-term bullish narrative still in place
(Kitco News) – The gold market while off its lows took a big hit Wednesday afternoon after the Federal Reserve signaled that it was not ready to cap interest rates anytime soon.
Read moreScotiabank to pay more than $127 million to settle spoofing and precious metals market manipulation case
(Kitco News) – Bank of Nova Scotia has agreed to pay $127.5 million in fines to settle charges of metals market manipulation.
Read moreGold hits COVID-19 speed bump, silver hits wall
(Kitco News) – With COVID-19 production disruptions mostly affecting Q2, a survey of top gold and silver miners showed a stark difference in the effect.
Read moreGold price drops, down 3% on the day after Fed minutes push back on yield curve control program
(Kitco News) – The gold market remains under pressure, falling to session lows after the Federal Reserve said it saw little benefits from a yield curve control program.
Which central banks are still buying gold this year?
(Kitco News) – Even though interest in official gold purchases has slowed this year, some banks are continuing to add to their gold reserves.
Read moreJim Rogers gives the best investing advice you’ll hear, talks next big market crash
(Kitco News) – Jim Rogers gives the best investing advice you’ll hear, talks next big market crash
A slow price rebound for gold is actually more bullish in the long run: Commerzbank
(Kitco News) – Gold is taking its time getting back to the highs from two weeks ago with $2,000 an ounce level acting as a strong resistance point, according to Commerzbank, which sees this trend as a very positive one for prices in the long term.
Read moreLarger gold price moves are now expected: RBC Wealth Management
(Kitco News) – Higher volatility and larger gold price moves are expected as the U.S. November election nears, according to RBC Wealth Management.
Read moreGold price sees healthy pull back ahead of FOMC minutes
(Kitco News) – The gold market is starting to see some renewed selling pressure Wednesday as it manages to hold around the psychologically important $2,000 level.
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