Gold, Silver Rise on Hopes for U.S.-Iran Deal
Gold and silver rose in early trade on hopes for a U.S.-Iran deal to end the conflict.
Gold, silver and the new fear behind elevated bond yields
Gold and silver continue to do what they do best: frustrate traders, as the precious metals have become significantly more nuanced within their broader consolidation pattern.
Wall Street stays bearish as gold clings to $4,500, Main Street maintains bullish bias as Fed rate hike concerns mount
The latest Kitco News Weekly Gold Survey showed Wall Street still firmly bearish on gold's near-term prospects, while Main Street maintained its stubborn bullish bias despite gold's losses.
Gold weakens as U.S.-Iran talks keep oil, rates in focus - Kitco PM Report
Spot gold prices were lower and spot silver prices were also under pressure in late afternoon trading on Friday, as firm Treasury yields, a stronger dollar tone and hawkish Fed inflation language offset residual safe-haven demand tied to the Strait of Hormuz and U.S.-Iran talks
Gold (XAU/USD) Price Forecast: Compression Signals Major Breakout Potential
Gold remains in a bullish long-term structure but continues a corrective phase as momentum fades, volatility contracts, and price compresses toward a potential breakout zone.
Gold, silver prices remain caught between rate hike fears and bond market stress
Gold and silver are managing to hold key near-term support levels ahead of the weekend, and while the precious metals remain stuck in relatively neutral territory, some analysts have said that the volatility in bond markets this past week could be a sign of shifting fears in the marketplace.
Gold Weekly Price Analysis – Gold Continues to See Choppiness
Gold has had a choppy week as we continue to see a lot of volatility in the interest rate markets. At this point in time, the markets will continue to react to the latest headlines.
Spot gold hits session low near $4,500/oz after final Consumer Sentiment drops to 44.8, one-year and long-term inflation expectations rise
The gold market is trading at session lows after the latest data showed consumer sentiment in the U.S. declining, with both shorter and longer-term inflation expectations rising above last month's one-year highs.The University of Michigan announced on Friday that the final reading of its Consumer Sentiment survey for May was 44.8. The data was worse than expectations, as the consensus forecast of economists called for a reading of 48.2, the same as the preliminary reading, and it was also below April's final reading of 49.8.
Gold, silver ease as dollar firms, U.S.-Iran talks drag on - Kitco AM Report
Spot gold and silver prices are weaker in early U.S. trading Friday, as a firmer U.S. dollar and elevated oil prices offset safe-haven demand tied to the Strait of Hormuz and U.S.-Iran talks.
Gold Edges Lower Amid Mixed Sentiment
Gold edged lower in early Asian trade amid mixed sentiment.
Gold steadies, silver rises as as Hormuz risk premium fades - Kitco PM Report
Spot gold prices are near steady and spot silver prices are higher after the close Thursday, as lower crude oil prices and easing Treasury yields offset a firmer U.S. dollar.
Gold's ‘golden decade' enters next phase with new $8,900 target - In Gold We Trust Report
Through its unprecedented rally at the start of the year, followed by extreme volatility and now its current consolidation period, gold is doing exactly what it's supposed to do as the precious metal continues to assert its role as a key monetary asset within the global economy, according to Incrementum AG's annual In Gold We Trust report.
