Hedge funds bullish on gold but not chasing the price above $1,800
(Kitco News) – The latest trade data from the Commodity Futures Trading Commission (CFTC) showed that for the third week in a row hedge funds continued to add to their bullish bets; however, analysts note that momentum is weakening as speculators are r…
Read moreCopper market to tighten further — BMO
(Kitco News) – Copper concentrate market looks to tighten further this year, according to BMO.
Read moreGold is resisting positive market sentiment — Commerzbank
(Kitco News) – Gold is trading very close to the $1,800 an ounce level this week and is resisting positive market sentiment despite a concerning increase in the number of coronavirus cases, according to Commerzbank.
Read moreDecember gold futures already above $1,800 as investors wait for August gold to get there — RBC Wealth Management
(Kitco News) – August gold futures are still waiting to trade above the $1,800 resistance level while December gold is already trading above $1,810 an ounce, says RBC Wealth Management managing director George Gero.
Read moreGold, silver prices see normal corrective pullbacks in uptrends
(Kitco News) – Gold and silver prices are moderately down in early U.S. trading Tuesday, on routine downside corrections following recent gains and amid ongoing price uptrends.
Read moreBitcoin daily chart alert – Bulls gain some momentum – Jul. 7
(Kitco News) – Bitcoin-U.S. dollar prices are a bit weaker Tuesday morning after posting decent gains and hitting a two-week high Monday.
Read moreGold and Silver under pressure, Platinum flat
(Kitco commentary) – Gold and silver are under pressure this morning, which is really no surprise after the recent rally. Both appear to be in the consolidation phase setting up the next move. This phase is very common in all markets as they prepare to…
Read moreGold to perform well in Q3, on track to $2,000 by late-2021 — TD Securities
(Kitco News) – Gold is likely to have another solid quarter after it wrapped up Q2, up more than 14% since the start of the year, according to TD Securities.
Read moreGold, silver gain despite rallies in global stock markets
(Kitco News) – Gold and silver prices are modestly higher in midday U.S. trading Monday. That’s still impressive given the solid gaines in world stock markets to start the trading week.
UBS looking at what happens after gold price breaks $1,800
(Kitco News) – Gold prices have room to push above $1,800 an ounce in the near-term but investors should use some cautious when investing at these levels, according to one international bank.
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