Weak China data sinks gold silver markets

Weak China data sinks gold, silver markets Gold and silver prices are lower in midday U.S. trading Tuesday. The two precious metals were pressured following surprisingly weak import and export data coming out of China overnight. A rally in the U.S. dollar index and weaker crude oil prices also weighed on the metals today. December […]

Gold silver down amid rising bond yields hawkish Fed-speak

Gold, silver down amid rising bond yields, hawkish Fed-speak Gold and silver prices are lower in midday U.S. trading Monday, with silver prices sharply down and hitting a four-week low. The precious metals are seeing selling interest on rising U.S. Treasury yields, hawkish comments from a Federal Reserve official, and as the near-term technical postures […]

Analysts more bullish on gold following lower job growth higher wage inflation

Analysts more bullish on gold following lower job growth, higher wage inflation The gold market rallied following a weaker-than-expected U.S. jobs report for July, which included downward revisions for May and June and strong wage growth, sending spot gold prices from $1931 to an intraday high of $1946.79 The latest Kitco News Weekly Gold Survey […]

Gold silver weaker amid surging US Treasury yields

Gold, silver weaker amid surging U.S. Treasury yields Gold and silver prices are moderately down in midday U.S. trading Thursday. The precious metals are feeling the pressure of rising U.S. Treasury yields and an up-trending U.S. dollar index. December gold was last down $6.30 at $1,968.70 and September silver was down $0.237 at $23.635. The […]