Tag: currency
Hedge funds are selling their gold, but they are not bearish
(Kitco News) - Volatility surrounding U.S. interest rates is taking its toll on gold prices as hedge funds liquidated their bullish bets but remain...
Iran tanker seizure will make headlines, but won’t have much impact...
(Kitco News) - Oil prices rose sharply after Iran seized a tanker with Iraqi crude destined for Turkey on Thursday morning, prompting concerns that the...
Gold prices off lows but gains are capped by Fed uncertainty,...
Spot gold is coming off multi-week lows, but the precious metals still faces headwinds from Fed speakers, strong yields, and a well-supported U.S. dollar,...
Palladium falls as concern EVs will destroy demand returns to the...
Palladium prices fell by 3% on Thursday as concern the take-up of electric vehicles will destroy long-term demand unravelled some of the December gains...
Price pressure on gold, silver amid bearish outside markets
(Kitco News) - Gold and silver prices are down in earlier U.S. trading Monday, with gold hitting a three-week low. Amid a lack of...
Retail investors divided on gold’s trajectory, analysts more bullish than ever
(Kitco News) - Gold prices spent the first week of 2024 solidly above $2000 per ounce, but they were yanked up and down as...
Gold to $3,000 in 2024: Mike McGlone sees a global recession...
(Kitco News) - As macroeconomic conditions continue to deteriorate, the gold prices is poised to hit new highs in 2024, and even has the...
Gold market analysis for January 2 – key intra-day price entry...
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold...