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Gold Price News: Gold Drifts As US Jobless Numbers Fall Gold prices edged slightly lower on Thursday, after US unemployment figures came in below market expectations, suggesting a slightly stronger economy and less pressure for a loosening of monetary policy. Prices initially pushed higher to $2,035 an ounce in early morning deals, but it was […]
Gold, silver weaker as U.S. stock markets post good gains Gold and silver prices are modestly down and near their session lows in midday U.S. trading Thursday. Solid gains in the U.S. stock indexes and a risk-on trading day today are negatives for the safe-haven metals. Chart-based selling is also featured in gold and silver […]
Gold Price News: Gold Prices Gain As US Dollar Dips Gold prices made further gains on Monday and Tuesday to rise above $2,030 an ounce for the first time since February 9. The US dollar fell against other major currencies on Tuesday, adding further to a downward move that’s continued since February 14. A weaker […]
Gold Price News: Gold Ends Higher to Pare Weekly Losses Gold prices were marginally higher on Friday, ending the week in an upward trend, and partly regaining ground lost earlier in the week. Prices spent most of the morning at around $2,005 an ounce, and barring a brief drop to $1,995 an ounce, prices held […]
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 […]
Are investors swapping their gold for Bitcoin as inflation fears rise? For months now, economists have warned consumers that inflation will be a challenging monster to slay, that that last push to get prices below 2% will be a hard mile, or a tough row to hoe; take your pick of analogies or metaphors because […]
Ignore gold and focus on silver as prices rally 7% from support Rising inflation pressures have taken their toll on the gold market. While a lot has been thrown at the precious metal, it continues to hold critical support, at least for now, according to some analysts. Although gold is ending its second week in […]
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 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 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 […]
