Gold price stalls below 50-day moving average as dollar firms; traders await Powell for Fed clues
Wishbone Gold PLC (AIM:WSBN, AQSE:WSBN) shares climbed 14% in Thursday's trade after the explorer announced latest results from its Red Setter project, adding to recent bullishness over the project. In the same neighbourhood, in Western Australia, as the mines owned by Greatland Resources the project has been closely followed by a cohort of London investors.
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.
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.
Asia's richest families aren't just investing in gold. They're flipping it and trading it for even bigger returns.
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.
Gold dropped to $3,315 on Tuesday, nearing the base of a large triangle pattern as traders weigh the risk of breakdown against potential reversal from support.
With CPI easing but PPI spiking, Powell's Aug. 23 Jackson Hole speech lands as markets reassess a September cut. Tariff pass-through risks and softening jobs strain the Fed's dual mandate.
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.
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.
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.