Manufacturing PMIs predict that dark clouds are looming
Published: Saturday, 06 August 2022 20:00 | 
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| (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.
Indian gold demand has dropped of slightly over the last month
Published: Saturday, 06 August 2022 20:00 | |
| (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.
Gold, silver see corrective price rebounds heading into weekend
Published: Saturday, 06 August 2022 20:00 | |
| (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.
Bitcoin daily chart alert - Bulls have a good week - Jul. 22
Published: Saturday, 06 August 2022 20:00 | |
| (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.
The Fed will 'abandon' tightening, causing gold to soar higher - Rich Checkan
Published: Saturday, 06 August 2022 20:00 | |
| (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.