Heavy profit-taking hits gold, silver; what to watch, near term
(Kitco News) – Gold and silver futures markets were hit with heavy profit-taking pressure Friday, after overnight posting record highs.
Read moreGold price hits a major milestone with 6% rally this week: Will the momentum last?
(Kitco News) – The gold market is seeing solid selling pressure heading into the weekend; however, the precious metal is still on track for a significant milestone.
Read more‘Bull wave’ will push gold to $5,000/oz by June 2026 – HSBC
(Kitco News) – The ongoing bull market rally that has already propelled gold to successive all-time highs above $4,300 per ounce will drive prices as high as $5,000 early next year, according to analysts at HSBC.
Read moreGold price powers to record peak amid jittery marketplace
(Kitco News) – Gold prices are higher and hit another all-time high overnight, at $4,392.00, basis December Comex futures, but have since backed off the high.
Read moreBitcoin October 17 daily chart alert – Price downdraft accelerates
(Kitco News) – Friday, October 17–October bitcoin futures prices are sharply down and hit a 5.5-month low in early U.S. trading Friday. The recent price downdraft has produced major near-term technical damage.
Read moreGold market analysis for October 17 – 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 moreThe great repricing: market models point to $30,000 gold amid silver supply shock
(Kitco News) – While a shocking negative 12.8 reading in the Philadelphia Fed’s manufacturing survey triggered recession alarms across Wall Street on Thursday, the real story of economic distress was unfolding in the vaults, refineries, and airport tarmacs of the global precious metals market.
Read moreThe great repricing: market models point to $30,000 gold amid silver supply shock
(Kitco News) – While a shocking negative 12.8 reading in the Philadelphia Fed’s manufacturing survey triggered recession alarms across Wall Street on Thursday, the real story of economic distress was unfolding in the vaults, refineries, and airport tarmacs of the global precious metals market.
Read moreConsumers are flooding the market with silver, but not enough to cap prices – House of Kahn Estate Jewelers
(Kitco News) – After years of being ignored, the silver market is finally attracting significant attention — not just from retail and institutional investors, but also from Main Street consumers cashing in on silver’s unprecedented run.
Read moreStrong supply and demand dynamics support further gains for gold above $4,300/oz – JPMorgan’s Chow
(Kitco News) – Even with gold trading on the edge of $4,300 per ounce, supportive supply and demand dynamics mean there’s still plenty of upside left for investors, but they need to be clear on why they’re taking the positions, according to Marcella Chow, Market Strategist at JP Morgan Asset Management.Chow was asked by CNBC on Thursday if gold is still worth buying with prices above $4,200 per ounce. Her answer was an emphatic yes.
Read more