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Gold News

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Gold, silver price corrections may create buying opportunities despite hawkish Fed, says analyst

(Kitco News) - Federal Reserve Chair Kevin Warsh’s renewed focus on inflation has injected fresh volatility into precious metals, with gold prices dropping below $4,500 and silver testing support near…

Continue ReadingGold, silver price corrections may create buying opportunities despite hawkish Fed, says analyst

Treasury’s ramped-up bond buybacks soften the U.S. dollar and boost the gold price – Julius Baer

(Kitco News) – The Treasury Department’s doubling of planned U.S. debt buybacks has intensified debate about bond market intervention and has revived the USD debasement trade, with gold and silver…

Continue ReadingTreasury’s ramped-up bond buybacks soften the U.S. dollar and boost the gold price – Julius Baer

Gold price slips as oil spike, Fed-hike odds hit risk appetite – Kitco PM Report

(Kitco NewsWire) - Spot gold prices are slightly lower and spot silver prices are modestly higher in late-afternoon U.S. trading Monday, as renewed U.S.-Iran military escalation lifted oil prices, pushed long-end Treasury…

Continue ReadingGold price slips as oil spike, Fed-hike odds hit risk appetite – Kitco PM Report

Gold holding steady as Bank of Canada leaves rates unchanged

(Kitco News) - The gold market is holding its ground against the Canadian dollar as the Bank of Canada leaves interest rates unchanged and adopts a neutral, yet cautious, wait-and-see…

Continue ReadingGold holding steady as Bank of Canada leaves rates unchanged

Gold and silver gain with risk assets as crude retreats on deal hopes – Kitco PM Report

(Kitco NewsWire) - Spot gold and silver prices are higher in late-afternoon U.S. trading Thursday, as weaker crude oil, softer Treasury yields and a lower U.S. dollar supported precious metals…

Continue ReadingGold and silver gain with risk assets as crude retreats on deal hopes – Kitco PM Report

China’s gold market is cooling, multiple metrics show

(Kitco News) – China’s gold market, which along with central bank demand has been one of the central pillars of the multi-year gold rally, has shown definite signs of cooling…

Continue ReadingChina’s gold market is cooling, multiple metrics show
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