Gold Price News: Gold Falls Back Below 2330 An Ounce

Gold Price News: Gold Falls Back Below $2,330 An Ounce Gold News Market Analysis Gold prices fell back on Tuesday, giving up Monday’s gains, as the US dollar rebounded from a two-month low seen the previous day. Gold prices fell as low as $2,317 an ounce on Tuesday, before edging back up to $2,325 an […]

Gold’s attractiveness to criminals forces market participants to shoulder the AML-KYC burden

Gold’s attractiveness to criminals forces market participants to shoulder the AML-KYC burden The biggest gold-smuggling bust in Hong Kong’s history has brought the challenges of detecting illegal movements and transactions of precious metals into sharp relief, according to a June 2 report from consulting firm Alvarez and Marshall. “On 27 March 2024, the Hong Kong […]

Gold Futures Regain Momentum as Economic Concerns Intensify

Gold Futures Regain Momentum as Economic Concerns Intensify Gold futures found renewed strength on Monday, closing back above the crucial 50-day moving average, as economic data fueled expectations of potential interest rate cuts by the Federal Reserve later this year. Friday’s close took gold futures to its lowest price point since hitting the record high […]

100 oz of gold per Bitcoin? Peter Brandt says it’s inevitable

100 oz. of gold per Bitcoin? Peter Brandt says it’s inevitable Financial news headlines saw an explosion of comparisons between Bitcoin (BTC) and gold following the launch of the first spot BTC exchange-traded funds (ETFs) in the U.S. and the parallel rallies of both assets to new all-time highs that followed. But over the past […]

Gold Price News: Gold Ends Higher As Bond Yields Ease

Gold Price News: Gold Ends Higher As Bond Yields Ease gold-news-feature-image-Gold-Ends-Higher-As-Bond-Yields-Ease Gold prices ended slightly higher on Thursday in a volatile session, after falling US treasury yields helped lift prices back up off an earlier low. Prices initially fell as low as $2,323 an ounce before rebounding strongly to reach $2,352 an ounce later in […]

Market experts and retail traders align once again with a majority predicting gold price recovery

Market experts and retail traders align once again with a majority predicting gold price recovery 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 market roundups, interviews […]

Gold Price Forecast June 2024

Gold Price Forecast – June 2024 Key Takeaways Gold Hits Another High in Bumpy Markets Gold Rises on Growing Geopolitical Tension US Rate Headwinds Persist, but Euro to the Rescue Technical Analysis Key Drivers in June Mike Ingram Gold News Market Analysis   Key Takeaways Gold appears to be one of the few assets that […]

Gold Tumbles as Stronger Dollar Rising Yields Cast Doubt on 2023 Rate Cuts

Gold Tumbles as Stronger Dollar, Rising Yields Cast Doubt on 2023 Rate Cuts Gold prices fell sharply on Thursday, as U.S. dollar gains and climbing Treasury yields sparked concerns over the Federal Reserve's anticipated path of interest rate cuts this year. The precious metal's decline came ahead of a critical inflation report due on Friday, […]