The price of gold rose early Friday, but was still on course for its worst weekly performance since March 2020.
Gold prices rebounded slightly on Friday, but silver prices were turbulent. Both metals sold off on Thursday, and are headed for a losing week.
Gold and silver prices are plunging again.
Gold edged lower in early trade on inflation concerns and dimmed Fed rate-cut hopes.
Federal advisory panel backs design featuring the president on a commemorative coin.
Gold tests critical near-term support at $4,500–$4,594, with the broader bull trend at risk; price action will determine whether a reversal or further downside unfolds.
"Bloomberg ETF IQ" focuses on the opportunities, risks and current trends tied to the trillions of dollars in the global exchange traded funds industry. Today's guests: Strategas ETF Strategist Todd Sohn, JPMorgan Asset Management Head of US Equity Derivatives Hamilton Reiner, and BlackRock Head of Digital Assets Robert Mitchnick.
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.
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.
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.
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.
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.