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Gold price could fall $100 as safe-haven premium weakens but prices won’t collapse – Natixis The gold market could see a $100 drop as its geopolitical safe-haven premium weakens after Russia said it would scale back its war in Ukraine; however, don’t expect to see a collapse in gold or silver as the precious metals have some significant underlying support, according to one precious metals analyst. In a telephone interview with Kitco News, Bernard Dahdah, precious metals analyst at Natixis,…

Gold, silver down but well up from early lows Gold and silver prices are are solidly lower at midday Tuesday, but have moved well up from the sharp losses and five-week lows that were hit in early U.S. trading. The precious metals were pressured by an increase in trader and investor risk appetite. Profit taking and weak long liquidation by the shorter-term futures traders was also featured in gold and silver. Lower crude oil prices and rising bond yields are…

Big drop in oil, rising bond yields sink gold, silver Gold and silver prices are lower in midday U.S. trading Monday, as strong losses in crude oil and rising U.S. bond yields are pressuring the precious metals to start the trading week. Gold and silver market bulls can correctly argue that today’s losses were just routine downside price corrections in existing near-term uptrends. April gold futures were last down $15.90 at $1,938.20 and May Comex silver was last down $0.375…

Can Bitcoin be banned? Kevin O'Leary and Roy Niederhoffer debate regulation and $500 million Bitcoin price target With Russia's invasion of Ukraine and inflation at decade-highs dominating the markets, how do Bitcoin, Ethereum, altcoins, and DeFi stack up? Can they still be banned, and what are some real long-term price targets? In Kitco's power panel, Shark Tank star Kevin O'Leary said that banning Bitcoin and other cryptos was no longer an existential threat. "There's no chance that we're going to…

Gold holds its ground as bond yields hit 2.5% The gold market is ending the week just above $1,950 an ounce, a slightly more than 1% gain from last Friday; however, investors need to look past the raw numbers and the environment that gold is trading in. Gold prices have established a new range above $1,900 as the U.S. dollar index holds near a two-year high. Even more incredible, gold is holding firm in the face of rising bond yields.…

Gold, silver sharply up on safe-haven buying, inflation worries Gold and silver prices are are sharply higher in midday U.S. trading Thursday, as safe-haven demand is featured amid marketplace risk aversion that remains elevated amid the Russia-Ukraine war. Sharp gains in crude oil prices this week are also bullish for the metals markets, even though oil prices backed off today. April gold futures were last up $26.70 at $1,964.00 and May Comex silver was last up $0.736 at $25.925 an…

Gold price at $2,500, oil price at $50 in 9 months? The war in Ukraine and inflation fears remain the top drivers for gold, which is up around 6% since the start of the year. Here's a look at Kitco's top three stories of the week: 3. Hawkish Powell: U.S. economy 'can handle' six more rate hikes 2. Elon Musk's advice when it comes to high inflation: own 'physical things' 1. What's this year's 'potential end game'? Gold price at…

Volatile gold price action is here to stay as safe-haven interest 'reignited' – analysts Gold could easily make another run at $2,000 an ounce next week as the geopolitical situation is not easing, but the volatile price action is here to stay, according to analysts. After making a run for record highs last week, gold tumbled below $1,900 an ounce and managed to stabilize just below $1,930 an ounce on Friday. April Comex gold futures were last at $1,927.70, down…