commodities

Gold is throwing out the old rulebook teaser image
Gold

Gold is throwing out the old rulebook

(Kitco News) - By almost every traditional correlation, gold should be substantially lower than it is today – and the fact that it isn’t is telling us something loud and clear.
Gold

Metals bounce as Hormuz diplomacy cools crude, yields stay elevated - Kitco AM Report

(Kitco NewsWire) - Spot gold prices were firmer and spot silver prices were sharply higher in early U.S. trading Friday, as oil prices slipped on renewed U.S.-Iran truce hopes while elevated Treasury yields and Fed rate-hike expectations kept bullion on track for a weekly loss
Gold

Gold holding its own around $4,300 as US durable goods remains resilient

(Kitco News) - Gold continues to hold the line around $4,300 an ounce but could continue to face some headwinds as the U.S. manufacturing sector remains fairly resilient.
Silver

Silver’s tight supply creates yield opportunity as Theo launches new tokenized product

(Kitco News) - Silver has traditionally been viewed as a non-yielding asset, but one financial technology company is looking to change that narrative by opening the metal’s historically opaque lease market to a broader range of investors and making it more accessible through tokenization on the blockchain.
Metals stay defensive as Hormuz talks stall, equities close mixed - Kitco PM Report teaser image
Gold

Metals stay defensive as Hormuz talks stall, equities close mixed - Kitco PM Report

(Kitco NewsWire) - Spot gold and silver prices were weaker in late U.S. trading Thursday, as elevated Treasury yields, a firmer U.S. dollar and renewed oil-price strength kept pressure on non-yielding metals.
The Dow:Gold ratio shows stocks are down 33% since 2023 – and the next crash will come by 2030 – Mises Institute teaser image
Gold

The Dow:Gold ratio shows stocks are down 33% since 2023 – and the next crash will come by 2030 – Mises Institute

(Kitco News) – The most important measure of inflation–the one against which investment decisions and monetary policies are benchmarked– is inaccurate, outdated and misleading by design, and the ratio between the Dow Jones Industrial Average and the gold price is the only reliable alternative, according to economist Vasilii Sapozhnikov at the Mises Institute.
Here’s why the debasement trade is boosting bitcoin price more than gold price – StoneX’s Cincotta teaser image
Gold

Here’s why the debasement trade is boosting bitcoin price more than gold price – StoneX’s Cincotta

(Kitco News) – Bitcoin's recent breakout coincided with the U.S. Treasury’s bond buyback announcement, and while gold ETF demand remains strong, higher-for-longer Fed rate expectations are capping the non-yielding metal’s gains, according to Fiona Cincotta, Senior Market Analyst at StoneX.
Gold will continue to feel the pain as 10-year bond yields hit 5.15% - Forex.com’s Razaqzada teaser image
Gold

Gold will continue to feel the pain as 10-year bond yields hit 5.15% - Forex.com’s Razaqzada

(Kitco News) - The gold market continues to struggle as bond yields across the curve push to their highest levels in 20 years, and one market strategist is warning investors that the precious metal has room to fall further.
Gold price dips to $4,268/oz as U.S. new home sales rise 6.4% in August teaser image
Economy

Gold price dips to $4,268/oz as U.S. new home sales rise 6.4% in August

(Kitco News) - Spot gold is trading near session lows on Thursday morning after the latest data showed the U.S. housing market improving beyond expectations in August.New home sales rose 6.4% last month, double the expected 3.2% increase, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development announced. 
Gold price breaks 50-day support as oil rebound lifts inflation pressure - Kitco AM Report teaser image
Gold

Gold price breaks 50-day support as oil rebound lifts inflation pressure - Kitco AM Report

(Kitco NewsWire) - Spot gold prices were modestly lower and spot silver prices were under heavier pressure in early U.S. trading Thursday, as rising oil prices, elevated Treasury yields and firmer Fed rate-hike expectations offset safe-haven demand tied to the U.S.-Iran conflict.
Gold under pressure as jobless claims remain below 200K, supporting further rate hikes teaser image
Gold

Gold under pressure as jobless claims remain below 200K, supporting further rate hikes

(Kitco News) - The gold market remains under pressure and could face further losses as the U.S. labor market remains fairly resilient, with the number of American workers applying for first-time unemployment benefits remaining below a critical level.