The risk of ‘social unrest’ as the European energy crisis escalates – Willem Middelkoop

(Kitco News) — The European energy crisis is deepening, despite attempts by governments to intervene, and this could lead to “social unrest,” said Willem Middelkoop, COO and founder of the Netherlands-based Commodity Discovery Fund. “A lot of people are very worried about the coming winter,” he said. “You can’t choose whether or not to heat … Read more

More price pressures on gold, silver like USDX, bond yields soar

Editor’s Note: With so much market volatility out there, stay tuned for the daily news! Immerse yourself in minutes with our quick summary of today’s news and must-read expert opinions. Register here! (Kitco . News) – He went And the silver prices It was low in the middle of the day on Monday US trading. … Read more

Why did the gold sale not end: $1,600 as a risk area for the gold price

Editor’s Note: With so much market volatility out there, stay tuned for the daily news! Immerse yourself in minutes with our quick summary of today’s news and must-read expert opinions. Register here! (Kitco News) – He went It is trading near 2.5-year lows after Fed optimism lifted US dollar and Treasury yields. This macro environment … Read more

Price pressure on gold and silver with government bond yields, USDX rises

Editor’s Note: With so much market volatility out there, stay tuned for the daily news! Immerse yourself in minutes with our quick summary of today’s news and must-read expert opinions. Register here! (Kitco . News) – He went And the silver prices It was strongly lower in early US trade on Friday. Gold prices reached … Read more

Gold is so unpopular that it has become immune to massive Fed rate hikes – MKS cashier

Editor’s Note: With so much market volatility out there, stay tuned for the daily news! Immerse yourself in minutes with our quick summary of today’s news and must-read expert opinions. Register here! (Kitco News) – In He went The market is showing relative strength in the face of rising interest rates and the US dollar … Read more

Gold prices jump as Powell talks about the possibility of a recession and restricted rates

(Kitco News) Gold erased initial losses caused by the Federal Reserve, jumping more than 1% on the day. Prices reacted to Federal Reserve Chair Jerome Powell’s comments on recession and peak prices after the third straight rise of 75 basis points on Wednesday. Comex gold futures contract for december It approached $1,700 an ounce as … Read more

The price of gold will “collapse” today if the Federal Reserve makes this decisive decision – FOMC Adrian Day Preview

The Federal Reserve is likely to raise the federal funds rate by no more than 75 basis points at this week’s FOMC meeting, although markets had expected a 100 basis point hike after last week’s consumer rate. Index (CPI) report, according to Adrian Day, Adrian Day’s head of asset management and portfolio manager at Euro … Read more

What to expect from the FOMC September meeting, and how gold might respond

The Federal Reserve will conclude the September FOMC meeting and release a written statement at 2 PM ET tomorrow. This will be followed by President Powell’s press conference half an hour later. The Federal Reserve is widely expected to raise the “federal funds rate” by 75 basis points. CME’s FedWatch tool predicts an 84% chance … Read more

Gold prices pile losses ahead of key Fed rate decision, analysts warn of $1,600 level

(Kitco News) Precious metals subject to stronger US dollar and higher Treasury yields ahead of crucial interest rate decision by the Federal Reserve. Some analysts fear the $1,600 level in securities as the Fed appears to remain hawkish despite some troubling economic signs. Thirteen central banks are meeting this week, and most of them are … Read more

Gold and silver feel pressure from hawkish central banks

Editor’s Note: With so much market volatility out there, stay tuned for the daily news! Immerse yourself in minutes with our quick summary of today’s news and must-read expert opinions. Register here! (Kitco . News) – He went And the silver prices It was slightly lower at midday Tuesday in US trading. Tight monetary policies … Read more