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(Kitco News) - Comex gold prices are moderately lower in early trading Tuesday. The market is seeing some profit-taking pressure and consolidation on the charts following last week’s strong ...
Some more chart consolidation and a firmer U.S. dollar index are negatives for gold and silver Tuesday morning. Comex June gold last traded down $9.70 at $1,377.00 an ounce.
That means the Kitco Gold Index measures the price of gold in terms of six major global currencies - not just the U.S. dollar. As you can see from the chart below, as of mid-December, gold had ...
but such big daily price moves in gold may be one "early clue ... that a near-term market top may be close at hand from a time perspective," wrote Jim Wyckoff, senior analyst at Kitco.com.
and markets’ price history shows such moves can be the final stage of a mature bull-market run,” said Jim Wyckoff, senior analyst at Kitco.com. He believes that the gold market is “close to ...
The run-up in gold prices comes amid a market slump set off by an escalating global trade war. “Right now, it’s a very anxious marketplace,” Jim Wyckoff, senior market analyst at Kitco ...
A line chart titled "Spot gold price in USD per oz" that tracks the ... a senior market analyst at Kitco Metals. "The path of least resistance for gold remains sideways to higher and as long ...
(Kitco News) - Gold prices are slightly lower in early U.S. trading Monday, on mild profit taking and some backing and filling on the charts as prices hover near last week's five-week high.
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