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It hard not to get excited when you see a blockbuster deal like that' – Adam Lundin on mining M&A 'It hard not to get excited when you see a blockbuster deal like that' Big mining deals are going to bring needed attention to the mining sector and build more enthusiasm, noted Adam Lundin, chair […]
Silver’s in the spotlight as prices rally nearly 6% Friday, but it’s still gold’s show It has finally happened; silver is making a move and dragging precious metals higher heading into the weekend. According to analysts, the white metal is clearly in the driver’s seat as it lagged during gold’s breakout rally in the first […]
Wall Street sees gold prices challenging $2,500 next week, Main Street sentiment is more restrained The gold market had plenty of significant economic data and in-depth Fed speak to digest this week, and the result was one of the most dramatic moves for precious metals markets this year. Spot gold kicked off the week trading […]
$2,500 gold is in play this week – Forex.com’s James Stanley Gold prices have broken out of a near-term bearish technical pattern and the yellow metal is poised once again to surpass its all-time highs, according to James Stanley, Senior Strategist at Forex.com. “Gold prices broke out of a falling wedge pattern in a very […]
Gold, silver see strong gains following cooler U.S. inflation report Gold and silver prices are sharply higher in midday U.S. trading Wednesday following a U.S. inflation report that came in just a bit cooler than expected. A drop in the U.S. dollar index and in U.S. Treasury yields today also worked in favor of the […]
Gold, silver see gains following mixed U.S. inflation data Gold, silver see gains following mixed U.S. inflation data teaser image Gold and silver prices are firmer in midday U.S. trading Tuesday following a U.S. inflation report that saw hot headline numbers, but the internals and revisions to the report were cooler. June gold was last […]
Gold futures fill gap with profit-taking, dropping $30 today As of 5:15 PM ET, gold futures based on the most active June 2024 contract traded $32 lower, settling at $2,343. Today's price decline effectively filled the gap created between last Thursday's closing price and Friday's opening price. On Thursday, May 9, gold futures opened at […]
Dramatic' re-pricing across all financial assets coming as the Fed moves away from its 2% inflation target to this – Larry McDonald Financial markets are about to witness one of the most epic migrations of capital in history as investors rush into hard assets, warned Larry McDonald, Founder of The Bear Traps Report and New […]
Gold Price News: Gold Rises After US Jobless Figures Prices rose as high as $2,338 an ounce on Thursday, compared with around $2,310 an ounce in late deals on Wednesday. US initial jobless claims figures released Thursday came in at 231,000 in the week to May 4th, well above market expectations of 210,000. A higher-than-expected […]
Gold investors watching inflation data next week to see if this new momentum will last Kitco NEWS has a diverse team of journalists reporting on the economy, stock markets, commodities, cryptocurrencies, mining and metals with accuracy and objectivity. Our goal is to help people make informed market decisions through in-depth reporting, daily market roundups, interviews […]