Silver and gold are no longer overbought but still under-owned after steep selloff – Saxo Bank’s Hansen
(Kitco News) – Gold and silver prices are seeing a long-overdue correction, with silver’s steeper drop highlighting the liquidity gap between the two metals, but both are still under-owned in portfolios, and the structural drivers behind the rally remain intact, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank.
Read moreSilver’s selloff was dramatic, but supply deficits mean higher prices – abrdn’s Minter
(Kitco News) – Gold and silver continue to struggle after Tuesday’s dramatic selloff, which saw prices decline at their fastest pace in four and five years, respectively.
Read moreGold and silver try to find their footing after Tuesday’s price rout – MKS’ Shiels
(Kitco News) – Investors looking for reasons why gold and silver saw their biggest one-day drop in years don’t need to go down any conspiracy-theory rabbit holes. According to one analyst, their unprecedented gains are reason enough.
Read moreSolid follow-through selling in gold; silver steadies
(Kitco News) – Gold prices are solidly lower in midday U.S. trading Wednesday, on follow-through selling pressure from Tuesday’s huge losses.
Read moreNew LBMA Chair Zoellner wants to add gold futures to $35 trillion UK physical market – FT
(Kitco News) – The UK’s gold market – the largest in the world with $35 trillion in annual trading – should reestablish futures trading to leverage its dominant position in physical bullion, according to incoming London Bullion Market Association (LBMA) chair Peter Zoellner.
Read moreFollow-through price pressure on gold, silver; traders spooked
(Kitco News) – Gold and silver prices are lower in early U.S. trading Wednesday, on follow-through selling pressure from Tuesday’s mammoth losses that have even the general marketplace taking note.
Read moreBitcoin October 22 daily chart alert – Bears in control
(Kitco News) – Wednesday, October 22–October bitcoin futures prices are lower Wednesday. The recent price downdraft has produced major near-term technical damage.
Read moreGold market analysis for October 22 – 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.
Read moreEx-Fed insider warns of systemic ‘liquidity crisis,’ sees gold sell-off as a major ‘distress signal’
(Kitco News) – A former Federal Reserve advisor issued a stark warning on Tuesday, arguing that a systemic “liquidity crisis” is already underway, a development she says will force the central bank to abandon its inflation fight not because it has won, but because the financial system itself is breaking.
Read moreGold and silver see worst one-day drop in years, but long-term uptrend remains solid – Experts
(Kitco News) – Extreme volatility in gold and silver is attracting significant attention, as prices experience their worst one-day declines in four and five years, respectively.
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