
Wall Street buys renewed bull market, Main Street also sees gains with August employment data dominating next week
The latest Kitco News Weekly Gold Survey showed Wall Street bulls firmly on board with the renewed rally narrative, while a strong majority of Main Street investors also predicted gold will make further gains next week.

Gold remains on the path to $4,000 as the US dollar weakens - Bank of America
(Kitco News) - Gold prices surged to a one-month high above $3,400 an ounce Thursday, supported by persistent U.S. dollar weakness. Analysts at Bank of America expect the rally to continue, maintaining their forecast that the yellow metal will hit $4,000 an ounce by the first half of 2026.

Steeper Treasury yield spreads support gold and silver investment – Saxo Bank’s Hansen
(Kitco News) – The yield spread at the front end of the U.S. Treasury curve has risen to its highest level in over five years, and this is contributing to the attractiveness of gold and silver as investments, according to Ole Hansen, Head of Commodity Strategy at Saxo Bank.

Gold, silver gain on technical buying, weaker greenback
(Kitco News) - Gold and silver prices are higher near midday Thursday, with gold scoring a three-week high and silver a five-week peak. Both markets are being supported by technical buying as their near-term chart postures have become more bullish recently