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Kitco News

Comex Gold Weaker As Key "Outside Markets" Mildly Bearish

By Jim Wyckoff Of Kitco News (Kitco News) ? Comex April gold futures prices are trading slightly lower in early U.S. dealings Wednesday, on a mild corrective pullback from strong gains posted Tuesday that did provide the bulls with some fresh upside ne…

P.M. Kitco Metals Roundup: Comex Gold Ends Near Steady, But Up From Daily Low As Bargain Hunters Surface

(Kitco News) -Comex April gold futures prices ended the U.S. day session near unchanged levels Thursday. Bargain hunters again stepped in to buy the early dip in prices. The key “outside markets” also turned bullish for the precious metals as the day w…

A.M. Kitco Metals Roundup: Comex Gold Weaker Amid Risk-Off Trading Day, Bearish Outside Markets

(Kitco News) -Comex April gold futures prices are trading modestly lower in early U.S. dealings Thursday. The market place is in a “risk off” mentality Thursday morning, and commodity markets, including gold and silver, are feeling selling pressure. Th…

Comex Gold Ends Firmer on Bargain Hunting, But Firming U.S. Dollar Index Limits Gains

By Jim Wyckoff Of Kitco News (Kitco News) ? Comex April gold futures prices ended the U.S. day session modestly higher and near the middle of the day’s trading range Wednesday. Bargain hunters once again stepped in to buy the recent dip in prices. Howe…

Comex Gold Firmer On Bargain Hunting, Bullish Outside Markets

By Jim Wyckoff Of Kitco News (Kitco News) ? Comex April gold futures prices are trading higher in early U.S. dealings Wednesday. Bargain hunters have once again stepped in to buy the recent dip in prices. The key “outside markets” are also in a bullish…

Comex Gold Ends Near Steady; Technical Selling Offsets Bullish Outside Markets

By Jim Wyckoff Of Kitco News (Kitco News) ? Comex April gold futures prices ended the U.S. day session near steady Monday. Technical selling pressure emerged during the session, which offset the bullish “outside markets”???a weaker U.S. dollar index an…

FOCUS: Speculators Continue To Gather Bullish Precious, Base Metals Positions -CFTC

() – Speculators again added to bullish positions in precious and base metals futures and options markets on the Comex division of the Mercantile Exchange and on the Nymex, according to U.S. government data released Friday. For the week ended Feb. 7, s…

Coin Community Fears Damage From Repeal Of Sales-Tax Exemptions; Maryland Current Battleground

(Kitco News) ? Michigan coin dealer Pat Heller saw how much it helped business when his state instituted a law that exempted sales taxes on precious-metals coins…and he noticed how dealers in neighboring Ohio were hurt when such an exemption was take…

METALS OUTLOOK: European Woes To Dominate Gold Next Week

(Kitco News) ? Precious metals prices will be dominated by events out of Europe next week, particularly after a monkey wrench was thrown into a deal to get Greece its next tranche of aid. Prices fell on Friday and were lower on the week. The most-activ…

Survey Participants Expect Gold Prices To Rise Next Week, But Stay In Range

Most participants in the Kitco News Gold Survey expect gold prices to rise next week, but stay roughly in the current price range. In the Kitco News Gold Survey, out of 32 participants, 24 responded this week. Of those 24 participants, 14 see prices up…