silver

Gold price soars on short covering, bargain hunting, crypto rumors

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold and silver prices are sharply up, with gold hitting a four-week high and trading back above $1,700.00 …

Gold price soars on short covering, bargain hunting, crypto rumors Read More »

Price pops in gold, silver amid lower USDX, upbeat China rumors

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold and silver prices are solidly higher in early US trading Tuesday, with silver hitting a three-week high. …

Price pops in gold, silver amid lower USDX, upbeat China rumors Read More »

Gold market sees muddle sentiment, but price needs to hold above $1,620 next week

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Once again, gold is poised on a knife’s edge as the prices end the week below $1,650 an …

Gold market sees muddle sentiment, but price needs to hold above $1,620 next week Read More »

How to interpret today’s jobs report, and what does it mean for gold prices?

Today’s jobs report for September showed a decrease in monthly gains, with 263,000 new jobs added last month, a decline from the prior month in which 315,000 new jobs were added. The deep impact it had on almost every asset class in the financial markets was not because of the tepid …

How to interpret today’s jobs report, and what does it mean for gold prices? Read More »

The short-term future of gold’s price is tied to two upcoming reports

There is an adage when investigating a crime that says to “follow the money”. In the same way, when investigating where gold prices will be headed short-term it is wise to follow the upcoming reports. Two key reports will shape the short-term direction and price of gold. The first report is tomorrow’s jobs report, …

The short-term future of gold’s price is tied to two upcoming reports Read More »

Gold continues with strong upward momentum and the potential to move higher

Gold continues to gain ground with very strong technical potential to move substantially higher. Over the last five trading days, gold hit a bottom at approximately $1621 and gained well over $100 in a short time. As of 5:21 PM, EDT gold futures basis the most active December contract is currently trading at $1734.70 …

Gold continues with strong upward momentum and the potential to move higher Read More »

Gold, silver powered higher by a bullish cocktail, including safe-haven demand

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold and silver prices are sharply higher in midday US trading Tuesday, with gold scoring a three-week …

Gold, silver powered higher by a bullish cocktail, including safe-haven demand Read More »