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.
The rally for gold is still going strong, with most analysts expecting to see further gains, but after 30 record-high settlements so far this year, investors should start to look out for certain signs of a potential top in prices for the precious metal.
The gold market is likely to see a lot of noise at the moment, but it is also the FOMC Meeting Minutes late on Wednesday that we are going to react to next. After all, there are a lot of ideas that the Fed may cut aggressively.
U.S. Dollar drops to year-low vs. euro as traders brace for Powell's Jackson Hole speech and revised payroll data, driving market speculation on Fed rate cuts.
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 prices ease after record highs as traders await Fed minutes and Powell's speech. Could the next rate cut drive gold above $2,550?
Gold prices surge as ETFs and top miners like Barrick Gold and Newmont rally. Explore why this safe-haven asset is drawing investors' attention now.
Gold is holding strong near $2,517, driven by Fed rate cut expectations. Can this bullish momentum push prices even higher?
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Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
Gold hit a new record high of 2,532, signaling a strong uptrend. Further gains are expected, with targets at 2,566 and beyond.
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.