Gold pauses as marketplace remains pensive

Gold pauses as marketplace remains pensive Gold prices are modestly lower and have traded both sides of unchanged, while silver prices are higher in U.S. trading Wednesday. Both markets are in a pause mode as tentative traders and investors ponder the next development in the volatile Middle East. June gold was last down $6.50 at […]

Gold price action driven by conflicting cyclical and structural forces traditional metrics aren’t working – Analysts

Gold price action driven by conflicting cyclical and structural forces, traditional metrics aren’t working – Analysts As gold prices continue to hit record highs, experts at leading banks are updating their forecasts for the precious metal even as they try to determine where the price action is likely to head. Francisco Blanch, Head of Commodities […]

Gold silver firmer as bull-market runs remain strong

Gold, silver firmer as bull-market runs remain strong Gold prices are higher and hit another record high overnight, with June Comex gold reaching $2,384.50. Silver prices are slightly up and hit a nearly three-year high overnight, at $28.44 basis May Comex futures. More and more traders of all markets are climbing aboard the bullish gold […]

Experts even more bullish on gold than retail

Experts even more bullish on gold than retail 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 with prominent industry figures, comprehensive coverage (often […]

Gold prices remain above 2300 as investors bet on Fed rate cut

Gold prices remain above $2,300 as investors bet on Fed rate cut After hitting a new all-time record high of $2325.30 gold futures basis the most active June contract has experienced a slight price decline today. As of 5:05 PM EDT the June contract is currently fixed at $2308.50, down $6.50, or -0.28%. Gold futures […]

Gold Futures Breach and Close Above 2300 for the First Time

Gold Futures Breach and Close Above $2300 for the First Time In a historic move, gold futures surged past the $2300 mark for the first time in history. As of 4:30 PM EDT, gold futures basis the most active June contract is currently at a record high of $2318.90. The June contract opened at $2301.70 […]