Gold trades lower to critical support and recovers after the release of U.S. jobless claims
(Kitco commentary) - In overseas trading last night, gold traded to a critical support level that occurs at $1793.70, which is based upon the 100-day moving average. Gold futures traded to a low today of $1791 which is a few dollars below this technical support level.
Gold prices hold steadfast in light of dollar strength and higher U.S. Treasury yields
(Kitco commentary) - Over the last few articles, we have spoken about the multiple factors that have created bearish pressure on both gold and silver pricing.
Gold scores moderate gains as panel recommends emergency use of a vaccine
(Kitco commentary) - Gold futures scored moderate gains in trading today, with the February 2021 Comex contract trading to a low of $1826.80 before recovering and closing with gains for the day, and a fractional gain for the week.
A vaccine cant come soon enough; we have a long way to go to eradicate the virus
(Kitco commentary) - A vaccine canâ??t come soon enough; we have a long way to go to eradicate the virus
Gold drops dramatically, as BioNTech and Pfizer announce vaccine trial results
(Kitco commentary) - Gold drops dramatically, as BioNTech and Pfizer announce vaccine trial results
A surge in COVID-19 infections can only increase the amount needed for fiscal stimulus
(Kitco commentary) - Today the New York Times reported that new cases of the coronavirus have reached a record high. The United States set a record with 121,000 new confirmed infections on Thursday.
Tariff reductions shifts focus away from real unresolved issues
(Kitco commentary) - Tariff Reductions Shifts Focus Away from Real Unresolved Issues
Despite Dollar Weakness Gold Cannot Overcome Selling Pressure
(Kitco commentary) - Despite Dollar Weakness Gold Cannot Overcome Selling Pressure
Quantitative easing; if it looks like a duck, swims like a duck, and quacks like a duck...
(Kitco commentary) - According to Wikipedia, there is a simple test that is a form of a deductive reasoning. This is the usual expression: If It looks like a duck, swims like a duck, and quakes like a duck, then it probably is a duck.
One Model Which Can Help Traders Navigate Gold Prices
(Kitco commentary) - One Model Which Can Help Traders Navigate Gold Prices
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