Gold-silver price ratio to keep falling as ‘undervalued’ silver outperforms – analysts
(Kitco News) – With silver seemingly “undervalued” and the reopening of economies expected to boost industrial demand, traders are looking for the gold-silver ratio to continue its decline as silver continues its recent outperformance.
Read moreWill private gold ownership be banned if inflation runs out of control? Odey thinks so
(Kitco News) – Investors have been on a gold-buying spree the past two months as they opt for safety amid these very uncertain times.
Read moreSales of U.S. existing homes fall 18% in April; gold remains lower
(Kitco News) – Gold prices extended their losses after a report showing that sales of previously owned U.S. homes fell by 18% in to an annualized pace of 4.33 million during April. Spot gold was last down $22.40 to $1,726 an ounce.
Read moreGold prices continue to fall as sentiment in U.S. manufacturing, service sectors improve
(Kitco News) – Gold prices remain under significant selling pressure but continues to see little reaction to economic data, this time better than expected preliminary sentiment data from the U.S. manufacturing and service sector data.
Read moreGold prices remain under pressure following weaker-than-expected Philly Fed manufacturing survey
(Kitco News) – The gold market continues to see some technical selling pressure, finding little traction as sentiment in the manufacturing sector remains extremely negative, according to the Philadelphia Federal Reserve.
Read moreAnother 2.44 million Americans file initial jobless claims; gold pares loss
(Kitco News) – Another 2.44million Americans filed for first-time U.S. jobless claims in the week to Saturday, the Labor Department said Thursday. Spot gold pared its early losses, last trading down $8.60 to $1,739.80 an ounce.
Read moreGold, silver prices see normal corrective pullbacks
(Kitco News) – Gold and silver prices are trading lower in early U.S. dealings Thursday, on routine downside corrections following recent gains.
Read moreGold, silver prices see normal corrective pullbacks
(Kitco News) – Gold and silver prices are trading lower in early U.S. dealings Thursday, on routine downside corrections following recent gains.
Read moreTDS: silver could become ‘explosive’ metal
(Kitco News) – Silver could be headed for an “explosive” move as demand for the metal picks both as commodity and for investment purposes, said TD Securities. TDS has recently argued that silver was increasingly trading as an industrial metal.
TDS: silver could become ‘explosive’ metal
(Kitco News) – Silver could be headed for an “explosive” move as demand for the metal picks both as commodity and for investment purposes, said TD Securities. TDS has recently argued that silver was increasingly trading as an industrial metal.