$162.64
-2.82 (-1.70%)
At Close: Jun 03, 2026
Gold rallies to daily high on short covering, Powell remarks
11:30am, Friday, 19'th May 2023
(Kitco News) - Gold prices have pushed to double-digit gains in late-morning trading Friday. Short covering by the shorter-term futures traders, after the recent solid price losses, is featured.
Gold's drop under $2,000 is a buying opportunity, say UBS and other analysts
09:27am, Friday, 19'th May 2023
A string of recent losses has seen gold walk back from the $2,000-plus level, but Swiss bank UBS is among those who see a buying opportunity and a return to that price range.
Three reasons to buy gold, according to UBS
09:10am, Friday, 19'th May 2023
Gold is still on course to hit new all-time highs later this year, according to UBS, even though the price has dropped from the recent highs following progress with the US debt ceiling talks. At aroun
Gold edges higher after sliding to 7-week low
08:08am, Friday, 19'th May 2023
Gold prices edged higher on Friday after hitting a seven-week low as a stronger U.S. dollar weighed on the yellow metal.
Existing Home Sales Fall As Buyers Seek Clarity On Interest Rates
10:26am, Thursday, 18'th May 2023
U.S. dollar gains ground as Treasury yields test new highs after the release of the housing data.
Gold hits new daily lows as Philadelphia Fed Manufacturing Index declines but sees improvement from April
08:44am, Thursday, 18'th May 2023
(Kitco News) - The gold market fell to fresh daily lows after Philadelphia Federal Reserve said its manufacturing business outlook survey declined for the ninth month in May but saw an improvement fro
Gold on track for worst week since February as dollar rises and U.S. debt-ceiling deal looks ‘doable'
08:36am, Thursday, 18'th May 2023
Gold futures fell to their lowest levels since late March on Thursday after logging their lowest settlement in seven weeks due to a stronger U.S. dollar and hopes for a deal to raise the U.S. debt cei
Americans think gold beats stocks as a long-term investment. Advisors disagree: 'It's more like a speculation'
02:27pm, Wednesday, 17'th May 2023
A Gallup poll found Americans are bullish on gold, which tends to rise in popularity as an investment during periods of fear and economic malaise.
Gold Breaks Key Support Levels, Setting Stage for Further Declines
03:58pm, Tuesday, 16'th May 2023
Bearish triggers, including shooting star candle, amplify gold's downward momentum.
Gold, Silver, Platinum – Gold Slips Below $2000 As Treasury Yields Rise
12:50pm, Tuesday, 16'th May 2023
Silver has also found itself under strong pressure and moved towards $23.65.
Manufacturing Production Exceeds Expectations, SP500 Tests Session Lows
10:25am, Tuesday, 16'th May 2023
Markets are choppy as traders stay focused on debt ceiling negotiations.
Fed Speakers Sound Hawkish But Traders Do Not Believe Them
01:46pm, Monday, 15'th May 2023
While Fed officials remain focused on the fight against inflation, the market believes that economic problems would force Fed to cut rates this year.
US Debt Ceiling Crisis: Consequences for Economy and Social Welfare
04:51am, Monday, 15'th May 2023
US debt default risks recession, job losses, and global impact; Treasury Secretary warns of delays, credit downgrade; experts estimate fallout.
Gold Payday on Fed's Gamble
11:38am, Saturday, 13'th May 2023
By Imaru Casanova, Portfolio Manager, Gold and Precious Metals; and Joe Foster, Gold Strategist Monthly gold market and economic insights from Imaru Casanova, Portfolio Manager and Joe Foster, Gold St
Key Levels to Watch as Gold Trades in a Rising Bearish Channel
04:07pm, Friday, 12'th May 2023
Gold bounces back from daily low, but it remains in a potentially bearish pattern that could lead to a deeper correction.
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