Inflation fears force hedge funds to ditch gold increase bearish bets in silver

Inflation fears force hedge funds to ditch gold, increase bearish bets in silver Gold and silver continue to defy the odds as the precious metals hold critical support even as inflation fears prompted hedge funds to liquidate their bullish positionings and increase their speculative bets, according to the latest trade data from the Commodity Futures […]

Analysts doubt gold’s strength next week retail traders don’t stop believing

Analysts doubt gold’s strength next week, retail traders don’t stop believing As expected, the gold market got its direction from inflation data this week, with the only major move being the sharp price decline on Tuesday morning following hotter-than-expected CPI data for January, which drove spot gold from just under $2,030 per ounce in the […]

Gold silver rebound amid downbeat US retail sales report

Gold, silver rebound amid downbeat U.S. retail sales report Gold and silver prices are higher in midday U.S. trading Thursday, on corrective rebounds following recent selling pressure and after a U.S. retail sales report that was weaker than expected. April gold was last up $9.60 at $2,013.90. March silver was last up $0.508 at $22.895. […]

Gold weaker on follow-through selling from Tuesday’s solid losses

Gold weaker on follow-through selling from Tuesday’s solid losses Kitco News The Leading News Source in Precious Metals 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 […]

Gold declines sharply as higher-than-expected CPI leads to dollar strength

Gold declines sharply as higher-than-expected CPI leads to dollar strength   Gold declines sharply as higher-than-expected CPI leads to dollar strength teaser image Today the U.S. Bureau of Labor Statistics released the consumer price index report for January. “The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in January on a seasonally […]

Gold pressured by bearish outside markets Monday

Gold pressured by bearish outside markets Monday Gold prices are lower and silver prices modestly up in midday U.S. trading Monday. Gold is feeling the pressure from bearish daily outside markets that include a firmer U.S. dollar index and a slight up-tick in U.S. Treasury yields. The U.S. stock indexes today hit record highs again, […]