gold

Bearish sentiment points to gold prices falling below $1,800 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) – The gold market is seeing its worst weekly performance in roughly a year. And the price action might not get …

Bearish sentiment points to gold prices falling below $1,800 next week Read More »

Gold price heads for the worst week in 11 months, but is the market oversold?

(Kitco News) The gold market is looking to close the week down around 4%, its worst weekly close since mid-June 2021. But its current price level of around $1,800 an ounce could put gold at risk of a bigger selloff, according to analysts. Gold was hurt by technical selling pressure after dropping below the $1,830 …

Gold price heads for the worst week in 11 months, but is the market oversold? Read More »

US dollar could dominate gold price through the summer – analysts

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 prices continue to trade near a three-month low attracting little investor interest even as inflation pressures remain elevated. Many …

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Investors wait for tomorrow’s CPI inflation report for April

Traders and investors are waiting for the release tomorrow of the Consumer Price Index inflation report that will be released right before New York markets open. The CPI will probably be one of the most important economic reports to be released by the government this month. Not only will the CPI be an integral component …

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Gold is a ‘good hiding place’ for investors as S&P 500 falls nearly 16% this year – Franklin Templeton

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) – The gold market has fallen through initial support at $1,850 an ounce; however, one portfolio manager said that the precious …

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Gold, silver sink to multi-month lows amid falling oil, bearish charts

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 lower in midday US Trading Tuesday, with gold notching a three-month low and silver an …

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Cash is the king as financial market melt-down continues taking gold lower

The selling pressure continued as US equities continued in their dramatic decline. On March 28, the S&P 500 hit an intra-week high of 4635. What followed was five consecutive weeks of dramatically lower values. If today’s selling pressure indicates the week ahead, we could certainly witness US equities declining over the last six consecutive weeks. …

Cash is the king as financial market melt-down continues taking gold lower Read More »