Gold rallied to three-week high on Thursday before slightly declining after fresh data. The charts remain bearish, says Kitco News...
Jim Rickards, best-selling author of "Currency Wars" and "The Death of Money", is being interviewed by Kitco News on how China's request to make yuan an IMF reserve currency will affect the prices of gold...
Gold rose on Thursday, boosted by uncertainties over the future of Greece boosted the safe-haven appeal of the precious metal. Meanwhile, time is running quickly for Greece and its creditors to manage to conclude a deal...
On Wednesday gold touched three-week lows in early U.S. trade, after data showed that U.S. dross domestic product contracted at an annual rate of 0.2...
Gold (XAU/USD) and Silver (XAG/USD) are naturally, two very correlated commodities, and the recent action is no exception. Gold is near a support and a previous broken trendline...
On Tuesday gold prices were steadily lower in early U.S. trade, as "outside markets' remain bearish. The U.S. dollar was higher and crude oil prices were lower...
On Tuesday copper prices surged after touching three-month low during the previous session, as stronger-than-expected data on euro zone manufacturing activity boosted hopes for stronger demand in the metal. Gold also inched up, though hovering near multi-week lows on Greek concerns...
On Monday gold prices plunged to the lowest level of the session after data indicated that existing home sales in the U.S. rose to the highest level in May since November 2009...
Recently, the price of aluminum has been depressed due to a glut in the market. However, it is expected to rebound thanks to a pick-up in demand, according to Vladislav Soloviev, chief executive of Rusal, one of the world's biggest producers...
On Friday gold held steady after logging solid gains on Thursday, when the metal hit a one-month high of $1,205.70...
Remarks from Federal Reserve Chair Janet Yellen helped to weaken the U.S. dollar, as investors digested her dovish tone. Gold was thus pushed to multi-week highs overnight...
Kitco News host interviews Philip Newman, director of Metals Focus, for his forecast for gold and silver, which appears to be positive...
According to Kitco News analyst Gary Wagner, in the FOMC press release, the seeds can be found of a further pushing back of a Federal Reserve interest-rate hike until December...
Platinum hit its lowest level since May 2009 on Tuesday settling at $1,080.80 an ounce. With market sentiment being bearish, some analysts consider the downtrend is soon to bottom up and prices will begin rising...
According to HSBC analysts, demand from emerging markets is changing the nature of the bullion market. Until recently, investment demand was the primary driver of gold, but emerging-market demand, which is price-sensitive, has become an increasingly important stimulus of gold prices...
US DOLLAR TECHNICAL ANALYSIS – Prices paused to digest losses after sliding to the weakest level in three weeks. Near-term support is at 11834-9 area (May 20 close, 50% Fibonacci retracement), with a break below that on a daily closing basis exposing the 61.8% level at 11790...
The precious metals are are basically stuck within a trading range. Gold remains between $1170 and $1200 while silver is respecting its trading range of $15.80 to $16.25...
On Tuesday gold prices remained weaker, after data showed that the number of building permits issued in the U.S. surged in May, while housing starts dropped, giving a mixed impression of the U.S. housing sector...
Mitsubishi’s precious metals strategist Jonathan Butler is being interviewed by Kitco News at the 39th annual International Precious Metals Institute conference. He says a rising interest rate environment may not necessarily be bad for precious metals...
