CME sees record volume in futures as investment demand now drives the gold market
(Kitco News) – Central bank demand has been a key factor behind gold’s rally since late 2022, but the latest trade data show that investment demand is now the new momentum driver for the precious metal.
Read moreOverheated gold and silver markets under serious strain, but high prices should cure high prices – Heraeus
(Kitco News) – The gold and silver markets are reeling under the effects of the white-hot bull market rally, with prices and supplies showing enormous strain by several metrics, according to precious metals analysts at Heraeus.In their latest precious metals update, the analysts noted that after rising over $200 per ounce to set its largest weekly gain of the recent rally, the yellow metal is extremely overbought.
Read moreCIBC see gold prices averaging $4,500 through 2027 as bull market momentum builds
(Kitco News) – While gold continues to experience elevated volatility as prices hold above $4,000 an ounce, one Canadian bank expects this bull market to maintain its momentum through the next two years and potentially beyond.
Read morePrice gains for gold, silver, following Friday’s rout
(Kitco News) – Gold and silver prices are solidly higher on corrective bounces after strong selling pressure on Friday that did produce some near-term technical damage.
Read moreBitcoin October 20 daily chart alert – Bulls work to stop the bleeding
(Kitco News) – Monday, October 20–October bitcoin futures prices are higher Monday after hitting a 5.5-month low Friday.
Read moreGold market analysis for October 20 – 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 moreGold hits the nine-week mark, can it make 10?
(Kitco News) – Last week, we warned investors that a degree of caution was warranted — and that advice still holds, even as the gold market looks to end the week with a 5% gain.
Read moreWall Street polarized after gold’s volatile close, Main Street steady after gold challenges $4,400
The latest Kitco News Weekly Gold Survey showed Wall Street sentiment more polarized after gold’s momentous gains and sharp near-term retracement, while Main Street investor attitudes held relatively steady ahead of next week.
Read moreWall Street polarized after gold’s volatile close, Main Street steady after gold challenges $4,400
The latest Kitco News Weekly Gold Survey showed Wall Street sentiment more polarized after gold’s momentous gains and sharp near-term retracement, while Main Street investor attitudes held relatively steady ahead of next week.
Read more‘The history of commodity short squeezes sends a warning for silver’ – BCA’s Ibrahim
(Kitco News) – After an unprecedented run to record highs, silver is seeing significant selling pressure as it looks to end Friday well off its highs.
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