Gold price continues to struggle as U.S. Existing Home Sales rise 3.2% in May
The gold market continues to struggle to attract new bullish attention and could see renewed selling pressure as the U.S. housing market appears to be stabilizing.
Gold Falls as Geopolitical Tensions Spark Inflation Concerns
Gold fell. Increasing inflation concerns amid renewed geopolitical tensions in the Middle East could be reinforcing expectations of a more restrictive monetary-policy stance, Hola Prime said.
Gold holds near $4,330 as oil pares Iran-Israel risk premium - Kitco PM Report
Spot gold prices were near steady and spot silver prices were firmer in late-afternoon U.S. trading Monday, as perceived safe-haven demand tied to renewed Middle East tensions was offset by firmer rate expectations after Friday's U.S. jobs report.
Gold could test $4,000 support as inflation risks loom, but long-term bullish outlook remains
After Friday's breakdown, gold prices could have further to fall, but some analysts believe investors should ignore the noise and focus on the bigger picture.
China increases gold reserves by 9.95 tonnes in May for 19th straight month of purchases
The People's Bank of China (PBoC) increased its gold reserves by nearly 10 tonnes last month, its 19th consecutive month of bullion purchases, according to the latest government data.The State Administration of Foreign Exchange (SAFE) announced on Sunday that China's official gold reserves rose by 320,000 troy ounces or 9.95 tonnes in May to a total of 74.96 million troy ounces or 2331.52 tonnes.
Gold holds near $4,330 as Hormuz volatility meets firmer dollar - Kitco AM Report
Spot gold prices are near steady and spot silver prices are higher in early U.S. trading Monday, as oil pulled back from overnight highs, U.S. equity futures recovered and traders looked ahead to Wednesday's May inflation report.
Gold has tumbled during the Iran war — exposing a massive myth about geopolitical risk
From everything investors are told, it makes no sense that gold GC00-0.37% would fall so much in the midst of the Iran war, which is now 100 days old.
Gold just had its worst selloff since March. A floor may be $4,000, says one veteran strategist
Gold's slump has followed Friday's better-than-expected May U.S. employment report.
Gold (XAUUSD) & Silver Price Forecast: Truce Stability Amid Iran-Israel Conflict – Next Leg Lower?
Gold and silver showed limited conviction as the Middle East truce held firm amid Iran-Israel tensions. Gold broke decisively under $4,500 with bearish channel structure while silver traded at $66.53.
What's next for gold after the 200-day moving average breaks?
Gold and silver investors aren't heading into the weekend with much to feel good about.
Wall Street brimming with bears after gold's breakdown, Main Street pessimism persists as inflation data takes center stage
The latest Kitco News Weekly Gold Survey showed Wall Street overwhelmingly bearish on gold's near-term prospects, while Main Street grew more pessimistic after gold's week of weakness.
Gold breaks below key technical support, but analysts see a buying opportunity
Inflation fears on multiple fronts have taken their toll on the gold market, with prices breaking below a critical long-term support level.
