News Articles

Silver could be the better-performing precious metal from here, with Jonathan Barratt, CIO of ETO Markets, seeing the metal first targeting $75 per ounce and potentially reaching $100 per ounce if supportive US Treasury liquidity policies remain in place... Manisha Gupta

Spot Gold and Silver prices are sharply higher in late-afternoon U.S. trading Wednesday, as a Treasury-led bond-market rally pulled yields lower, weakened the U.S. dollar and helped precious metals cut through key resistance levels even after Fed minutes showed policymakers were more concerned about inflation... Kitco NewsWire

Thirty-year yields fell, short rates rose, and the dollar hit a three-month low... Jeremy Szafron

Silver could climb as high as $90 an ounce over the next six to 12 months, according to Citi, as stronger investor demand potentially outweighs a softer outlook for some industrial uses... Fiona Craig

Gold prices got a boost from a reassuringly in-line CPI report on Wednesday, and while Thursday morning’s equally benign PPI print didn’t push prices higher, the yellow metal has successfully broken out of its recent range and is holding above $4,350 on Thursday afternoon, exactly $100 below its post-CPI peak... Ernest Hoffman

U.S. retail sales unexpectedly fell in July after recent strong gains that were fueled by large tax refunds, but consumer spending is likely to remain supported by rising wealth from the stock market even as households are increasingly sensitive to higher prices... Thomson Reuters

After the gold price jumped significantly over the past week, UBS Global Wealth Management, together with other wealth managers, discuss the outlook and the benefits of including gold in investors’ portfolios... Amanda Cheesley

Gold prices are benefiting from renewed momentum on lower rate hike expectations and strong central bank demand, while India’s new import controls drive domestic demand even lower, according to precious metals analysts at Heraeus... Ernest Hoffman

Spot gold is dropping back into the red on the session this morning after the latest data showed the U.S. housing market pulling back but still beating expectations last month... Ernest Hoffman

This builds directly on the rally we flagged in our earlier gold piece, where a weak payrolls print pushed bullion to a seven-week high, and UBS's note gives that move a structural rather than purely tactical framing... Eamonn Sheridan