Gold Zeroes In On Powell At Jackson Hole: Get Ready To Be Disappointed Â— Analysts
(Kitco News) - The bulls are still ecstatic with goldÂ’s performance this summer, but the market might be ready for some healthy consolidation next week with prices likely to remain near the $1,500 an ounce level, according to analysts.
Gold Prices Under Slight Pressure Amid Mixed U.S. Housing Data
(Kitco News) - Gold prices were weaker following the release of the U.S. housing data from July, with housing starts disappointing but building permits beating expectations.
Buy Precious Metals Dips: Fed Skewed 'More Aggressively Dovish' - Scotiabank
(Kitco News) - Gold's near-term price action hinges on trade risks and market expectations surrounding the Federal Reserve's September move, according to Scotiabank.
Gold Is 'Best Hedge' Against $16 Trillion Of Bonds With A Negative Yield: Pepperstone
(Kitco News) - Gold and silver prices are supported by the weakening of equity markets, which is keeping the bulls in control of the price action, according to TD Securities.
U.S. Weekly Jobless Claims Disappoint With A Rise To 220K
(Kitco News) - The U.S. Labor Department showed that the initial weekly jobless claims rose to 220,000 in the week to Saturday, disappointing expectations.
People Rush To Sell Gold Jewelry During Rally
(Kitco News) - With gold at an all-time high in many currencies, jewelers are swamped with customers looking to cash in, said one store owner who reports a 40% uptick in business this summer.
What Does Gold Need To Stay Above $1,600? Wells Fargo Makes A List
(Kitco News) - Can gold hit $1,600 an ounce in the near-term and stay above that level? Wells Fargo asked this question in the latest note to clients, making a list of events required to keep gold elevated.
Gold Prices Catching New Bid On Yield Curve Inversion
(Kitco News) - The bond yield curve inversion is triggering a new move higher in gold following a sharp selloff and consolidation in the previous session, according to analysts.
Gold Price Waits For Cues As Hong Kong-China Tensions Escalate
(Kitco News) - The gold market is carefully eyeing the rising tensions in Hong Kong as some analysts warn of possible further escalation.
'No Place Like Gold': Investors Still Sprinting Towards Safety - Analysts
(Kitco News) - The gold market could be looking at $1,550 an ounce sooner than expected as investors rush into safety no matter the cost, according to analysts.
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