(Kitco News) - Manufacturing numbers seem to be confirming a global slowdown in general but there have been a few decent results in the mix. In Europe, the largest economy (Germany) has shown a drop to its lowest level in 25 months.
(Kitco News) - Wedding season is over in India and it has had an effect on the demand for gold over the last month or so. The World Gold Council noted that retail demand remained muted as the wedding season ended and sowing activity picked up with the onset of the monsoon.
(Kitco News) - Gold and silver prices are higher in early U.S. trading Friday, on upside corrections after recent selling pressure. Short covering from futures traders is also featured in both metals, heading into the weekend.
(Kitco News) - Bitcoin-U.S. dollar prices are firmer in early U.S. trading Friday. Prices a five-week high Wednesday, the bulls have started a price uptrend on the daily bar chart, and they have the near-term technical advantage.
(Kitco News) - Gold's performance has been tumultuous this year, with the war in Ukraine sending the metal above $2,000 per ounce. Recently, however, gold has fallen in price, and is down year-to-date by 7.8 percent.