Gold prices can still push to record highs at $2,100 an ounce by the end of the year – MKS' Shiels Gold prices have room to move lower and retest support below $1,900 an ounce in the early part of the second half of the year; however, that doesn't mean investors should give up on […]

t's a 'tug of war' for gold price next week as attention turns to inflation report ahead of July Fed rate decision – analysts Despite more than a $20 gain Friday, the gold market is yet to prove that its bearish downtrend is over, according to analysts, who are carefully monitoring next week's June inflation […]

The market was expecting delays' – Fastmarkets' William Adams on China's critical metals turnaround China surprised the critical minerals industry by ramping up nickel production from Indonesia in a short period of time, noted William Adams, head of battery research at Fastmarkets. On June 22, 2023, Adams spoke to Kitco at the 15th Lithium Supply […]

Stronger U.S. jobs data pressure gold, silver Gold and silver prices are lower in midday U.S. trading Thursday, following a much stronger-than-expected U.S. ADP employment report this morning that showed a gain in jobs that was double market expectations. The report pushed the U.S. dollar index well off its overnight low and also pushed U.S. […]

Gold pauses ahead of FOMC minutes release Gold prices are near steady up and silver solidly higher in midday U.S. trading Wednesday. Short covering from the futures traders was featured, especially in silver, ahead of the afternoon FOMC minutes from the Federal Reserve. August gold was last up $0.10 at $1,929.60 and September silver was […]

Gold prices to remain in neutral territory for the rest of 2023, silver to see slightly higher prices – BMO Capital Markets Gold's brief push above $2,000 an ounce in mid-May could represent the yellow metal's high-water mark for the year as markets continue to adjust to dynamic interest rate expectations and a resilient U.S. […]

Gold, silver see mild rebounds on short covering Gold and silver prices are modestly higher in midday U.S. trading Monday. Short covering from the futures traders is featured following the recent selling pressure in both markets. Activity was muted to start the U.S. holiday-shortened trading week. August gold was last up $4.20 at $1,933.50 and […]

Fed will raise rates to 6% in 2023, gold could hit $10k by 2025 – Tom Luongo The Federal Reserve will hike interest rates to 6 percent in 2023, according to Tom Luongo, Publisher of Gold, Goats 'n Guns. Luongo had correctly forecast in 2022 that Fed Chair Jerome Powell would continue to hike into […]