Gold and silver are marginally higher heading into the Europen open Gold and silver are heading into the European open marginally higher this morning. On Tuesday the yellow metal suffered heavily and dropped back through $1800/oz while silver also fell 1.50%. Looking at the rest of the commodities complex, copper is 0.21% higher and spot […]

Gold price analysis on the weekly chart On the weekly chart, it seems easy to see why gold is stuck in a strong consolidation zone. It is best to pick up this timeframe at month-end and as August just closed the downside rejections seem evident. Another key consideration has to be the lack of volume […]

Gold and silver move marginally higher heading into the European open Gold and silver start the week marginally higher. The yellow metal is trading at $1827/oz while silver has moved to $24.77/oz. In the rest of the commodities complex, copper is down -0.31% and spot WTI has dropped -1.07%. Looking at the risk sentiment in […]

Gold has a path to $1,900 if it can break above $1,830 next week, analysts. The gold market is holding near session highs but is seeing little reaction as momentum in the service sector falls relatively in line with expectations. Friday, the Institute for Supply Management (ISM) said its non-manufacturing index showed a reading of […]

Gold remains above key and critical short-term support but it is the release of Friday’s jobs report that will shape the future direction of gold Gold pricing has remained fairly stable and continues to trade above $1800 per ounce. The clear break in gold occurred on Friday after Federal Reserve Chairman Jerome Powell spoke at […]

Mixed PMI's ahead of the U.S. open PMI's in Europe have once again impressed leading into the U.S. market open. The Eurozone number itself came in at 61.4 vs analyst expectations of 61.5 marginally missing out. The report itself said that manufacturing growth slowed to a size month low. It noted, "The euro area manufacturing […]

Gold and silver both trade higher leading into the European open Gold and silver have moved higher overnight paring some of the losses that were seen during Monda's session. The yellow metal is back at $1817/oz while silver is trading at $24.15/oz. In the rest of the commodities complex, copper is another 0.15% higher and […]

Kootenay Silver CEO on price cycles, M&A, and AI in mining Silver is on track to make a comeback after being stuck in a range for so long, said Jim McDonald, CEO of Kootenay Silver, who said that the long-term bull cycle is not yet over. “We’re expecting another breakout to come here in the […]

Why the fall could finally lift lagging gold miners https://kitco-podcast.simplecast.com/episodes/why-the-fall-could-finally-lift-lagging-gold-miners The gold miners and juniors are trading at significant lows despite the yellow metal pushing through $1,800 this week, noted Greg Johnson, CEO of Metallic Minerals and chair of the Metallic Group. On Friday Johnson recorded Kitco Roundtable podcast with Mining Audiences Manager Michael McCrae […]