Silver prices were higher on Thursday, bolstered by a weaker dollar and economic data highlighting reduced economic momentum.
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.
The gold market bounced significantly in the early hours of Thursday, as the market continues to watch the $2300 level as a floor in the market.
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.
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 prices hover around $2,300, with a double bottom pattern hinting at a potential uptrend, despite Fed's minimal rate cut forecasts.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 after noticing the rapid growth of this emerging market.
Gold's bearish flag and shooting star patterns suggest a likely drop below the recent swing low of 2,287, with key support levels at risk.
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.
Platinum prices rise sharply, unaffected by the broader decline in precious metals or the stronger U.S. dollar.
Gold futures tallied back-to-back losses on Wednesday, sending the most-active contract to its lowest finish in more than seven weeks, as prices on the spot market dipped below a key technical level of $2,300 an ounce.
The gold market tanked in the early hours on Wednesday, as the markets continue to look at the $2300 level as a major level to watch. At this point, are we getting ready to sell off?