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Gold, silver post good gains as USDX dips

12:54pm, Thursday, 09'th May 2024
(Kitco News) - Gold and silver prices are solidly higher in midday U.S. trading Thursday. Silver is leading the way and hit a three-week high.
(Kitco News) - While central bank buying has been supportive of gold prices, interest rate cuts later this year could send the metal higher, said Jeff Clark, editor of the TheGoldAdvisor.com.
Gold markets continue to look bullish, despite the fact that we have been hesitating a bit over the last week or so.
(Kitco News) - The gold market continues to consolidate but at elevated levels, as the U.S. labor market appears to be losing momentum after more American workers applied for first-time unemployment b
(Kitco News) - The gold market continues to consolidate but at elevated levels, as the U.S. labor market appears to be losing momentum after more American workers applied for first-time unemployment b
(Kitco News) - This 5-minute bar chart for Comex gold futures can be a valuable analytical and trading tool for the active intra-day gold futures trader/market watcher. Based on key short-term technic
(Kitco News) - Gold prices are a bit weaker in early U.S. trading Thursday, but silver prices are showing decent gains. The yellow metal is seeing mild selling pressure amid a firmer U.S. dollar index
Despite an anticipated September rate cut, cautious gold traders await U.S. inflation data amidst Fed's commitment to 2% inflation target.
As gold hovers at $2,314, investors anticipate potential gains amid upcoming Fed statements and global economic indicators.
(Kitco News) - While the Federal Reserve is delaying rate cuts due to inflation, the economy is still getting lots of support, noted Eric Strand, founder and portfolio manager of AuAg Funds.
(Kitco News) - Gold and silver prices are just a bit higher in midday U.S. trading Wednesday, on some more backing and filling on the charts amid a lack of major, fresh fundamental news in the marketp
(Kitco News) – The People's Bank of China (PBoC) added to their bullion reserves for the 18th month in a row, but April also marked the second month in a row of dramatically lower quantities, sugges
(Kitco News) - Despite high yields and a strong  U.S. dollar, gold is moving higher because of the compelling macro picture, said Brien Lundin, editor of the Gold Newsletter.
The gold markets continue to see a lot of support just below, as the market will continue to try to build a bit of a base in this general area, just above the $2300 level.
(Kitco News) - Gold and silver prices are just a bit lower in early U.S. trading Wednesday, on some backing and filling on the charts amid a lack of major, fresh fundamental news in the marketplace at
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