Gold's recent dramatic selloff resulted from a convergence of factors following a surge in prices above $5,500 per ounce.
Gold futures reclaimed the $5,000 level on Wednesday, as the yellow metal was back on vogue after suffering through the worst performance in 46 years just last week.
Gold and silver rise in early European trade. Investors see continued upside.
Precious metals prices yoyo. They're back up again.
GoldStone Resources shares moved on the front foot in Wednesday's trade after saying early gold production continued into 2026, with a doré pour of about 12 kilograms, or about 385 ounces, completed at the end of January. The company, in a statement, noted that mining had begun on near-surface oxide material from Pit 3 of the Homase Mine.
Gold is gaining strength as a defensive asset while Bitcoin struggles below key levels, with the gold-to-Bitcoin ratio breakout signalling continued leadership for gold in the current macro environment.
Gold edged lower on possible technical correction after front-month gold futures posted their largest percentage gain since March 2009 on Tuesday.
Gold surged above $4,884 in a bullish reversal Tuesday, reclaiming key averages and signaling that the recent bearish correction may have bottomed near strong technical support.
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco's Vancouver bureau. Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include covering territorial and federal politics in Nunavut, Canada.
CFTC chair says new crypto market structure bill will make U.S. the "gold standard" for digital asset regulation, bringing much-needed clarity to markets.
It should surprise absolutely nobody that global fund managers were heavily overinvested in commodities just before commodity prices collapsed at the end of last week.