Gold eases from record levels as the dollar and yields rise Gold prices have retreated from recent record highs as rising yields and a strengthening dollar suggest a potentially less aggressive rate cut by the Federal Reserve. This shift comes amid a series of economic indicators that suggest a less aggressive rate-cut by the Fed […]

Gold, silver boosted by bullish charts Gold and silver prices are higher in midday U.S. trading Thursday, with technically based buying from the speculators featured amid bullish charts. December gold was last up $17.50 at $2,555.20 and September silver was up $0.259 at $29.46. Traders are looking ahead to Friday’s personal income and outlays report, […]

The [gold] ship is crowded. Do you have a slot secured on the lifeboat?’ – TD Securities’ Ghali The long gold trade is more crowded than ever, and despite the strong macro environment and imminent Fed rate cuts, the risk of a significant price pullback is growing by the day, according to TD Securities’ Senior […]

The goal of net zero by 2050 can lead to a "global homicide" as the world is looking at an energy crisis, according to Alex Epstein, philosopher, energy expert, and author of 'Fossil Future,' who says the framework in which fossil fuels are viewed needs to be reframed, adding that the benefits outweigh the side […]

Gold Reaches New Record High Following Powell's Historic Speech In a remarkable turn of events, gold futures have once again traded to a new record closing price of $2,533.60, following Federal Reserve Chairman Jerome Powell's pivotal speech at the Economic Symposium in Jackson Hole, Wyoming. The speech, which signaled a shift in monetary policy, has […]

Wall Street experts and Main Street investors see gold climbing higher next week as momentum builds Precious metals investors embarked on a now familiar roller coaster ride this week, but the ups and downs brought them back to nearly the same level, albeit an elevated one. Spot gold opened the week trading around $2,505 per […]

Family offices lean into gold amid economic uncertainty After years of being shunned by investors in search of alpha, gold has seen a resurgence in interest from both retail investors and institutional outfits since 2022, and a new survey of family offices shows that allocating towards gold is increasingly a long-term and strategic play. 2024 […]

Gold solidly down on profit-taking ahead of Jackson Hole Gold and silver prices are lower, with gold posting sharp losses, on profit taking by the shorter-term futures traders and position-squaring just ahead of one of the most important gatherings of central bank officials this year. A rally in the U.S. dollar index and rising U.S. […]

Gold prices catch a modest bid as Fed minutes signal a rate cut in September The gold market is holding near its session highs and is seeing limited bullish momentum as the minutes from the Federal Reserve’s July monetary policy meeting provided some guidance for investors. While the Federal Reserve left interest rates unchanged last […]

Gold hits all-time record high; more upside likely Gold prices are modestly higher in midday U.S. trading Monday. December Comex gold futures today notched a record high of $2,549.90. Spot (cash) gold prices hit a new all-time high of $2,521.00 overnight. Bullish charts and safe-haven demand are driving the yellow metals prices higher and more […]