commodities

Democrats' midterm sweep gives gold a boost, but the Federal Reserve still holds the cards teaser image
Gold

Democrats' midterm sweep gives gold a boost, but the Federal Reserve still holds the cards

(Kitco News) - The Democratic Party's sweeping victory in the U.S. midterm elections has created some positive momentum in the gold market, but recent price action shows that political developments remain a secondary concern as the Federal Reserve's monetary policy continues to dominate investor sentiment.
Gold

Gold falls as U.S. payrolls surge by 165,000, strengthening December Fed hike case - Kitco AM Report

(Kitco NewsWire) – Spot gold prices were lower and spot silver prices were modestly higher in early U.S. trading Friday, as investors assessed the latest U.S. employment figures following Thursday's sharp equity-market selloff and renewed tensions involving Iran and the Strait of Hormuz.
Gold

Gold prices see some selling pressure as US economy created 165k in October

(Kitco News) - After a slow summer, the U.S. labor market appears to be gaining significant momentum, which, as expected, is putting renewed pressure on gold, with investors once again focusing on support at $4,000 an ounce.
Gold

Gold holds gains, silver slips as Wall Street plunges, Fed hike bets ease - Kitco PM Report

(Kitco NewsWire) - Spot gold prices were higher and spot silver prices were lower in late U.S. trading Thursday, as a sharp technology-led equity market selloff drove Treasury yields lower and reduced expectations for additional Federal Reserve tightening in December.
World Bank sees gold holding above $4,000 through 2028, but warns silver faces steeper correction teaser image
Gold

World Bank sees gold holding above $4,000 through 2028, but warns silver faces steeper correction

(Kitco News) - Gold and silver prices are expected to remain historically elevated through 2027, but investors should not expect a repeat of the explosive gains and volatility that defined 2026, according to the latest report from the World Bank.
Keep the bullion, cut the miners as tech stocks tumble, says Ted Oakley teaser image
Gold

Keep the bullion, cut the miners as tech stocks tumble, says Ted Oakley

(Kitco News) - Tech stocks took a beating on Nov. 5, but one money manager who has been through every market cycle since the 1970s was already heading for the exits.
Gold at $4,000 ‘looks very attractive’ to a mine builder who started at $140, Robert Quartermain teaser image
Gold

Gold at $4,000 ‘looks very attractive’ to a mine builder who started at $140, Robert Quartermain

NEW ORLEANS (Kitco News) - The geologist who first went underground at Hemlo in the early 1980s, working for Teck, is now lead director of the company that bought the Ontario gold mine from Barrick. More than 40 years later, he says he knows the rocks better than he did then.
Gold climbs above $4,100 as falling yields, softer labor costs support bullion - Kitco AM Report teaser image
Gold

Gold climbs above $4,100 as falling yields, softer labor costs support bullion - Kitco AM Report

(Kitco NewsWire) – Spot gold and silver prices were higher in early U.S. trading Thursday, extending Wednesday's sharp gains as lower Treasury yields and a softer U.S. dollar continued to support precious metals following Democrats' sweeping victories in the U.S. midterm elections.