Gold rebounds above $4,360 after CME margin hikes spark volatility, while silver stabilizes near $74 as traders watch Fed rate cuts and key technical levels.
Gold rose in early Asian trade. In the near term, precious metals could see more volatile price action, Sucden Financial said.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
David Rosenberg, founder and president of Rosenberg Research, joins CNBC's ‘Money Movers' to discuss his take on the rising prices of gold and silver this year, his outlook on the overall economy, and more.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
The gold market initially tried to rally during the trading session here on Monday, but has given back any positive momentum and just simply fallen.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold fell in early Asian trade. Prices could continue being elevated by safe-haven demand as intensifying geopolitical tensions continue, and expectations of a more accommodative U.S. monetary policy, Sky Links Capital Group said.
Gold price surges to record highs in a vertical rally as key support levels hold. Gold analysis warns a pullback is near with thin volume driving volatile action.
Stocks moved slightly lower in midday Friday trading as investors returned from the Christmas holiday. Trading is expected to be light.
Gold's extraordinary run in 2025 has left the mining sector looking unusually well-behaved. That, at least, is the story told in RBC Capital Markets' latest precious metals outlook, which argues that producers have entered a phase of financial tidiness not seen in previous bull markets.