Gold price up following rise in U.S. weekly jobless claims
(Kitco News) – The gold market is finding some bullish traction as more American workers than expected applied for first time unemployment last week.
Modest price gains for gold following as-expected U.S. GDP, jobless claims
(Kitco News) – Gold prices are a bit higher in early U.S. trading Thursday, in the immediate aftermath of two key U.S. economic reports that came in close to market expectations.
Read moreGold prices push higher as U.S. GDP rises 6.4%, fails to meet optimistic expectations
(Kitco News) – The gold market is holding in positive territory as the latest economic data shows the U.S. economy is building up steam, just not as much economists were expecting
Bitcoin daily chart alert – Late-week pause is not bearish – Apr. 29
(Kitco News) – Bitcoin-U.S. dollar prices are near steady in early U.S. trading Thursday, on a late-week pause following good gains on Monday and Tuesday.
Read moreThe gold price takes a dip lower but there are some support levels in sight
(Kitco News) – Rajan Dhall MSTA takes a look at the 4 hour gold futures price chart to highlight some key levels for the upcoming U.S. session
Read moreECB comments and data show the ECB is stuck between a rock and a hard place
(Kitco News) – This morning we have heard from the Vice-President of the ECB, Luis de Guindos. He sounded pretty bullish on the European economy saying “We expect a strong activity increase in H2”. He then added the ECB’s mandatory note of caution sayi…
Read moreGold is flat heading into the European open
(Kitco News) – Gold is trading flat this morning leading into the European session open, the yellow metal did seem to reject downside levels during yesterday’s session at $1762.65/oz. Silver is around 0.71% higher and is back above the $26/oz pivot lev…
Read moreJewelry and bullion sales prop up gold demand as investors flee gold ETFs– WGC
(Kitco News) – The gold market went back to basics in the first quarter of 2021 as demand for jewelry and physical bars and coins supported a sharp drop in investment demand, according to the latest research from the World Gold Council (WGC).
Gold looks good as Biden pushes trillions in new infrastructure, education spending in Address to Congress – Analyst
(Kitco News) – The gold market is holding on to solid gains after President Joe Biden laid out his economic plan for American, which would include trillions of dollars in spending.
Consolidation is coming to the royalty and streaming sector – David Garofalo
(Kitco News) – Garofalo said the sub-$1 billion market cap companies are “…all struggling to achieve relevance to investors because they don’t have the liquidity and critical mass of investors.”
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