Stagflation might not be enough to save gold - Bank of America
(Kitco News) - The gold market remains trapped below $1,800 an ounce and even the rising risk of stagflation will not be enough to support prices in the short term, according to analysts at Bank of America.
Gold's struggle continues
(Kitco News) - The gold market continues to struggle in obscurity, unable to hold material gains above $1,750 an ounce.
Bullish sentiment in gold improves but prices are still stuck around $1,750
(Kitco News) - Sentiment continues to improve in the gold market even as the price spins in neutral, unable to get any sustainable traction following another month of disappointing labor market data.
Gold price pushing higher following another disappointing employment report, 194K jobs created in September
(Kitco News) - Gold prices are pushing higher as the U.S. labor market showed further weakness as fewer Americans found jobs in September, potentially putting a crimp in the Federal Reserves plan to shift its monetary policy before the end of the year.
European Gold ETF lead outflows in September - WGC
(Kitco News) - For most of the year, gold's lackluster performance has been driven by outflows in North American-based gold-backed exchange-traded funds; however, the latest data from the World Gold Council (WGC) shows growing weakness in European-based assets.
Capital Economics looks for silver prices to drop 5% to $21.50 before year-end
(Kitco News) - The global green energy transformation wont be enough to support silver prices through the rest of the year and in 2022, according to the latest research from Capital Economics.
U.S. weekly jobless claims sees sharp drop, ending three-week uptrend
(Kitco News) - The U.S. labor market remains highly volatile as fewer workers than expected applied for first-time employment benefits. This is the first drop in weekly jobless claims in nearly a month.
Bitcoin is too large to ignore and its just getting started - Bank of America
(Kitco News) - The second-largest bank in the U.S. has jumped on the Bitcoin bandwagon, saying that the digital currency market is still in early innings and has the potential to transform financial market structures within the next 30 years.
Skyrocketing energy prices pushing inflation expectations higher but gold remains lackluster
(Kitco News) - Concerns are starting to grow in the gold market as the precious metal can not break free from the $1,750 level even as inflation expectations rise to critical levels due to skyrocketing energy prices.
Gold futures remain down but holding support above $1,750 as ADP says 568K jobs created in September
(Kitco News) - Gold future prices are under pressure but they continue to hold the line around $1,750 an ounce, even as more Americanâ??s found jobs last month, according to private payrolls processor A
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