Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K

Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K: Gold prices under pressure as U.S. weekly jobless claims fall more than expected by 13K The gold market is seeing some renewed selling pressure as the U.S. labor market remains fairly robust with the ...

U.S. economic data hammers gold price as markets gear up for a rate hike in June

U.S. economic data hammers gold price as markets gear up for a rate hike in June: U.S. economic data hammers gold price as markets gear up for a rate hike in June The gold market got battered by upbeat economic data and stubbornly high inflation. As gold posted its third weekly los...

Gold, silver gain on ideas of better future demand from China

Gold, silver gain on ideas of better future demand from China: Gold, silver gain on ideas of better future demand from China Gold and silver prices are higher in midday U.S. trading Tuesday, but down from daily highs as the U.S. dollar index has rebounded from so...

Will $1700 become a sustainable support level for gold?

Will $1700 become a sustainable support level for gold?: Will $1700 become a sustainable support level for gold? Over the two trading days gold futures have traded below $1700 (marked X) and, on both occasions, recovered closing above that case psychologica...

VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million

VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million: VanEck sees extreme scenario where gold is $31K and Bitcoin is $1.3 million Russia's war in Ukraine has created what some economists see as irrevocable shifts in the geopolitical landscape; lines are ...

Seasonally gold price looks strong, but analysts ask if it can hold above $1,800 through the new year?

Seasonally gold price looks strong, but analysts ask if it can hold above $1,800 through the new year?: Seasonally gold price looks strong, but analysts ask if it can hold above $1,800 through the new year? Welcom...

Gold and silver move marginally higher heading into the European open

Gold and silver move marginally higher heading into the European open: Gold and silver move marginally higher heading into the European open Gold and silver start the week marginally higher. The yellow metal is trading at $1827/oz while silver has moved to $24.77/oz. In ...