Neils Christensen

Tuesday November 24, 2020 09:41AM

(Kitco News) - Gold prices have room to move higher even with the market facing growing headwinds as potential COVID-19 vaccines boost positive investor sentiment; however, commodity analysts at Societe Generale said that they are looking for prices to peak in the first half of 2021.

Monday November 23, 2020 12:34PM

(Kitco News) - Growing positive investor sentiment and a strong U.S. dollar are proving to be formidable headwinds against gold as the market has lost a critical support level.

Monday November 23, 2020 10:26AM

(Kitco News) - Hedge funds continue to see a role for gold in their portfolios even as continued vaccine news for the COVID-19 pandemic dominates market sentiment, according to the latest trade data from the Commodity Futures Trading Commission.

Monday November 23, 2020 09:51AM

(Kitco News) - Gold prices remain under pressure struggling to attract new bullish momentum as sentiment in the manufacturing and service sector rise to multi-year highs.

Friday November 20, 2020 12:42PM

(Kitco News) - There is no clear short-term advantage in the gold market as bullish and bearish investors fight for the next $50 move, according to the latest results of the Kitco News Weekly Gold Survey.

Friday November 20, 2020 09:13AM

(Kitco News) - Dundee Precious Metals said that it shut down operations at its Tsumeb smelter in Namibia after reporting a fatality.

Thursday November 19, 2020 03:42PM

(Kitco News) - The gold market continues to struggle below $1,900 an ounce, and although time is running out for the market to hit $2,000 an ounce by year-end, one mining executive said that it is more important to look at the long-term trend rather than any short-term target.

Thursday November 19, 2020 10:21AM

(Kitco News) - The U.S. housing market continues to be a bright spot in the U.S. economy as more consumers are buying homes according to the latest data from the National Association of Realtors (NAR).

Thursday November 19, 2020 09:48AM

(Kitco News) - The gold market continues to hold on to critical support above $1,850 an ounce, but shifting investor sentiment following positive vaccine news in the last two weeks created significant pressure for the precious metal.

Thursday November 19, 2020 08:45AM

(Kitco News) - Better than expected data from the Philadelphia Federal Reserve showing resilient optimisms in the manufacturing sector is helping to keep pressure on gold prices.