Precious Metals: Did Gold, Silver Decline Change Bullish Trend?
While we never profess buying a falling knife, we do believe that the metals are probably setting up for a buyable dip this coming week. Why? Looking at the fundamentals, it seems nothing has significantly changed.
Gold Prices Forecast: Without China's Support, How Overpriced is Gold?
Given the strong U.S. labor market and China's halt in gold purchases, the outlook for XAU/USD remains bearish in the short term.
Nothing has changed for gold except the price
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.
Wall Street throws in the towel on gold after Friday's rout, Main Street optimism likely a pre-selloff snapshot
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.
Bitcoin, gold and precious metals see red after NFP report stokes rate hike concerns
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 Price Forecast: Failed Bullish Breakout Sparks Volatility
Gold's failed breakout led to a sharp selloff, breaking key supports and testing the 2,298-2,301 zone.
Gold Risks A Correction Amid Shifting Fed Policy Outlook
Just one rate cut is expected by the markets in 2024, so the price of gold may pull back towards the $2200 level.
China's shock pause on gold purchases overshadows jobs report, triggers algo-driven search for stops
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, Silver, Platinum Forecasts – Gold Dives 2.8% As Dollar Rallies
Precious metals react to the changes in Fed policy outlook after the release of the Non Farm Payrolls report.
Gold suffers a 'double whammy': strong U.S. jobs growth and pause in China buying
Gold futures were on track to post their lowest finish in about a month on Friday, pressured by stronger-than-expected monthly U.S. jobs data and a report that China's central bank paused its year-and-a-half long streak of bullion purchases last month.
Gold Price Forecast – Our Cycle Work Supports a Bottom Next Week
Metals and miners should form cycle lows within the next week or two.
Double-whammy puts strong price pressure on gold, silver
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.
