Saudi mining exploration spending increases 500% since 2020 as foreign investment surges
(Kitco News) – Saudi Arabia increased its exploration spending by 500% over the last five years – more than doubling in the last year alone – making the kingdom one of the fastest-growing mining jurisdictions in the world, the Ministry of Industry and Mineral Resources (MIM) announced this week.
Read moreThe last $1,000 of the gold rally was irrational, and the top is in – DeCarley’s Garner
(Kitco News) – Although gold has managed to hold critical support above $4,000 an ounce, the rally over the last two months has been irrational, according to one trader who remains bearish on the metal.
Read moreStrong gains for gold, silver on perceived bargain buying
(Kitco News) – Gold and silver prices are sharply higher in midday U.S. trading Thursday, on strong corrective rebounds and perceived bargain hunting following recent heavy selling pressure.
Read moreThis is why the gold rally is likely to continue – Morgan Stanley
(Kitco News) – Despite this week’s correction, gold prices are likely to extend their 2025 gains as Fed rate cuts and a weaker dollar spur central banks and ETFs to continue buying, according to commodity analysts at Morgan Stanley.After breaking above $4,000 per ounce on Oct. 10, gold hit a wall at $4,380, and Oct. 21 saw the yellow metal post its largest daily loss in 12 years.
Read moreFreeport Q3 earnings beat expectations, driven by higher copper and gold prices
(Kitco News) – Higher copper and gold prices drove third-quarter earnings for Freeport (NYSE: FCX), even as a devastating mudslide at its Grasberg copper mine in eastern Indonesia impacted production.
Read moreGold prices continue to stabilize above $4,100 as U.S. Existing Home sales rise 1.5%
(Kitco News) – Improved sales in the U.S. housing sector is having little impact on the gold market as prices continue to attract bargain hunting after holding critical support above $4,000 an ounce.
Read moreBitcoin October 23 daily chart alert – Bulls try to stabilize market
(Kitco News) – Thursday, October 23–October bitcoin futures prices are higher early Thursday. Bulls are working to stop the bleeding but have some more heavy lifting to do, to suggest prices can start an uptrend.
Read moreSolid price gains for gold, silver as volatility remains high
(Kitco News) – Gold and silver prices are posting good gains in early U.S. trading Thursday, on corrective bounces and perceived bargain hunting following recent selling pressure.
Read moreGold market analysis for October 23 – key intra-day price entry levels for active traders
(Kitco News) – This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher.
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Gold Price Pullback: 3 Key Reasons Behind the Recent Dip + Seasonal Insight
Demetris Christou, Managing Director – AGD Global After weeks of steady gains driving gold and silver toward record highs, markets have finally taken a breather. The recent pullback reflects a combination of global macroeconomic shifts, investor positioning, and the…
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