India Doubled Tariffs on Silver and Gold Imports To Protect a Plunging Rupee; Will Foreign US Treasury Bond Dumping Cause the US To Follow Suit?
In Mid-May, India's Prime Minister Narendra Modi publicly urged Indian citizens to avoid buying physical gold and silver for a year.
Gold Price Analysis – Gold Continues to See Rate Influence on Friday
Gold rallies early on Friday as interest rates start to drift a bit lower. This is a market that continues to look good longer-term, but with noise coming out of the Middle East, the interest rates continue to be an issue.
The double 10K scenario: Wall Street veteran says the S&P 500 and gold can each reach that mark by the end of the decade
As the S&P 500 soars even higher by the end of the decade, gold will be going along for the ride, says Yardeni Research.
Gold Edges Lower as Traders Assess Potential U.S.-Iran Deal
Gold edged lower in early trade as traders assess a potential U.S.-Iran deal.
Gold rebounds as weak GDP offsets Hormuz risk - Kitco PM Report
Spot gold and silver prices are higher late Thursday, as weaker U.S. growth data and a softer dollar offset inflation pressure tied to the Strait of Hormuz and U.S.-Iran headlines.
Gold pullback puts rate pressure, mining M&A back in focus - Rick Rule
Gold's pullback below $4,500 an ounce has put U.S. interest rates back at the center of the market debate, but Rick Rule believes the more important shift for mining investors is the pressure building on producers to replace ounces through acquisitions.Speaking with Kitco Mining's Digging Deep on May 27, the President and CEO of Rule Investment Media said the move lower in gold, which had taken prices below $4,500/oz for the first time since late March, had not changed his long-term view.
Gold is just taking a breath and the race is not over - Midas Discovery Fund's Winmill
The gold market has taken another hit with prices dropping below $4,500 and testing critical long-term support at its 200-day moving average.
Gold price finding new support as U.S. New home sales drop 6.2% in April
The gold market is finding some bullish support following disappointing economic growth in the first quarter, and the precious metal could attract further bids after weaker-than-expected U.S. new home sales data.
Gold price bounces off its lows as U.S. economy grows 1.6% in Q1, core PCE rises 3.3%
The gold market has managed to bounce off its session lows but remains under significant selling pressure, even as the U.S. economy continues to cool and inflation pressures remain relatively muted — conditions analysts say could give the Federal Reserve room to cut interest rates by the end of the year.
Spot gold struggles to reclaim $4,400/oz after U.S. weekly jobless claims rise to 215k
Gold prices were struggling to reclaim $4,400 per ounce on Thursday morning following the release of worse-than-expected labor market data after the number of Americans filing new claims for unemployment benefits were above economists' forecasts.
Gold off session lows after U.S. durable goods rise 7.9% in April
The gold market is rising from session lows below $4,400 per ounce after the latest economic data showed sales of durable goods last month beat expectations.The Commerce Department announced Thursday that U.S. durable goods orders rose 7.9% in April, following March's revised increase of 1.3%. The data was far higher than expected, as the consensus view of economists called for an increase of 3.5%.
Gold breaks $4,400 as U.S.-Iran strikes revive oil inflation risk - Kitco AM Report
Spot gold and silver prices are sharply lower in early U.S. trading Thursday, as a firmer U.S. dollar and renewed U.S.-Iran tensions offset support from lower Treasury yields.
