Gold, silver see corrections in solid price uptrends
(Kitco News) – Gold and silver prices are lower and near their daily lows in midday U.S. trading Thursday, on some corrective action in overall price uptrends.
Read moreGold market taking a breather but bullish trend remains in place – Saxo Bank
(Kitco News) – The gold market is taking a bit of a breather as prices continue to consolidate above initial support above $1,800 an ounce, but one market analyst continues to see potential for prices to continue to move higher.
Read moreGold’s gains driven by ‘macro themes and technicals’, not risk sentiment — TD Securities
(Kitco News) – Gold prices are being driven by ‘macro themes and technicals’ and not risk sentiment in the market, says TD Securities.
Read moreBitcoin daily chart alert—Bulls fading just a bit
(Kitco News) Bitcoin-U.S. dollar prices are weaker and hit a two-week low in early U.S. trading Thursday.
Read moreGold in EUR holds just below record highs as ECB’s Lagarde says ‘ample monetary stimulus remains necessary’
(Kitco News) – Gold prices in euros were slightly down on the day but holding not too far below record highs hit in May as ECB President Christine Lagarde stressed that “ample monetary stimulus remains necessary” after keeping rates unchanged.
Philly Fed Survey sees continued improvement in regional manufacturing sector
(Kitco News) – Steps to further end strict lockdown measures is helping to boost manufacturing sentiment within the Philadelphia region according to the latest report from the Philadelphia Federal Reserve.
Read more1.3 million Americas file for first-time jobless claims
(Kitco News) – Surging COVID-19 cases through the summer continues to take its toll on the U.S. labor market as 1.3 million Americans filed for first-time jobless claims in the week to Saturday, the Labor Department said Thursday.
Read moreGold prices see an uptick as U.S. retail sales surprise on the upside in June
(Kitco News) – Gold prices edged up, but were still down on the day, after better-than-expected retail sales from June.
Read moreGold, silver prices dip on normal profit taking
(Kitco News) – (Kitco News) – Gold and silver prices are modestly lower in early U.S. trading Thursday, on some more routine profit taking from the shorter-term futures traders after recent good gains.
Read moreGold price remains under pressure as ECB holds steady course
(Kitco News) – The gold market remains under modest selling pressure as the ECB hold a steady course on interest rates and extremely accommodative monetary policy.
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