Rising U.S. Treasury yields squelch gold, silver bulls
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, Silver, Platinum Forecasts – Gold Is Mostly Flat As Traders Wait For Catalysts
Gold needs additional positive catalysts to climb above the $2350 level.
Gold price falling as U.S. ISM PMI drops to 48.5
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.
ISM Manufacturing PMI Drops To 48.5, Missing Analyst Expectations
The manufacturing sector contracted for the third consecutive month.
Gold Price Forecast – Gold Continues to See Support Underneath Current Levels
The gold market continues to see a lot of support in this market, especially near the $2300 level. This market continues to see a lot of choppy behavior, as we are working to build up more momentum to continue the upward trajectory.
Gold price up on short covering
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 Forecast: Steady-to-Bullish Outlook as Non-Farm Payrolls Data Looms
Given steady economic indicators and potential rate cuts, the forecast for gold prices is cautiously bullish.
Central banks grew their gold reserves in 2023 as analysts see potential price surge
A report released by the World Gold Council in June found that central banks added the second most gold reserves on record in 2023 as analysts see a potential price surge.
Gold (XAU) Daily Forecast: Hovers Under $2,328, Eyes on Upcoming NFP Report
Positioned just under $2,328, Gold's next move hinges on this Friday's NFP outcomes, with market sentiment tied to Fed's potential rate adjustments.
Gold Prices Forecast: Did Steady PCE Give the Greenlight to Resume Rally?
Given the current economic indicators and market sentiment, the short-term outlook for gold prices remains bullish.
Wall Street will sit on the sidelines next week, Main Street divided on gold's price prospects
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.
Gold price ends the second quarter with its third consecutive record-high
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.
