Jul 26, 2023

Bullion Trades above $1,950 while markets await central banks decision

Bullion Trades above $1,950 while markets await central banks decision: Last week gold jumped close to the psychological threshold of $2,000 before slowing down on Thursday and Friday, while the US dollar showed recovery signals. Despite this time, the price of bullion re...

Apr 13, 2023

Gold, silver up, but down from daily highs on some profit taking

Gold, silver up, but down from daily highs on some profit taking: Gold, silver up, but down from daily highs on some profit taking Gold and silver prices are modestly higher but nearer the daily lows in midday U.S. trading Wednesday. Some profit-taking pressure from...

Jan 3, 2023

Retail investors see silver prices rallying more than 50% in 2023 to $38 an ounce

Retail investors see silver prices rallying more than 50% in 2023 to $38 an ounce: Retail investors see silver prices rallying more than 50% in 2023 to $38 an ounce Welcome to Kitco News' 2023 Outlook Series. Uncertainty continues to dominate financial markets as central bank moneta...

Sep 5, 2022

Gold price rallies modestly as U.S. jobs data close to expectations

Gold price rallies modestly as U.S. jobs data close to expectations: Gold price rallies modestly as U.S. jobs data close to expectations The gold market is holding on to modest gains but is still looking to end the week on a sour note below $1,750 an ounce as the U.S. ...

May 24, 2022

Nov 4, 2021

The Federal Reserve announces that they will begin to taper asset purchases this month

The Federal Reserve announces that they will begin to taper asset purchases this month: The Federal Reserve announces that they will begin to taper asset purchases this month As expected, today, after the November FOMC meeting, both the statement and press conference by Jerome Powell ack...