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Gold bounces off a technical support but is still vulnerable to downside moves

Published: Friday, 27 May 2022 20:00 | Print | Email
(Kitco News) - Gold has had a tough few weeks but the yellow metal is approaching some key support areas.

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Bitcoin daily chart alert - Bears tighten grip as price plunges - May 12

Published: Friday, 27 May 2022 20:00 | Print | Email
(Kitco News) - Bitcoin-U.S. dollar prices are sharply down and hit a 16-month low in early U.S. trading Thursday. Bears have the solid near-term technical advantage and have momentum amid a downtrend line in place on the daily bar chart.

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Gold price continues to struggle as PPI hints that inflation might have peaked

Published: Friday, 27 May 2022 20:00 | Print | Email
(Kitco News) - The gold market continues to struggle to attract bullish momentum and signs that inflation pressure could have peaked are not helping improve market conditions.

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Gold, silver see more price pressure as U.S. dollar soars

Published: Friday, 27 May 2022 20:00 | Print | Email
(Kitco News) - Gold and silver prices are posting more losses in early U.S. trading Wednesday, pressured in part by a very strong U.S. dollar index that overnight hit a 20-year high.

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U.S. weekly jobless claims rise to 203,000, gold price edges up from daily lows

Published: Friday, 27 May 2022 20:00 | Print | Email
(Kitco News) - The initial weekly jobless claims rose by 1,000 to 203,000 in the week to Saturday, slightly disappointing market expectations.

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  1. A 'short attack' caused UST de-peg, Luna's 97% price collapse, so who was responsible?
  2. U.S. dollar could dominate gold price through the summer - analysts
  3. First Majestic increases quarterly net earnings as silver equivalent production up 59% in Q1
  4. Gold, silver punished by strong USDX that hits 20-year high

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