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It's too early to call a bullish rally in gold, the Fed is still the biggest unknown The gold market will remain very sensitive to the Federal Reserve's rate outlook, so it is too premature to call a bullish rally in gold after prices gained more than $30 on the week, according to analysts. Gold got a boost after June's U.S. inflation report showed price pressures rising at the slowest pace in two years. The U.S. CPI was up 3%…

Gold, silver see mild safe-haven demand after Russia revolt Gold and silver prices are higher, with silver solidly up, in midday U.S. trading Monday. Some safe-haven buying is featured following an aborted insurrection in Russia over the weekend that has left the nuclear armed nation’s military destabilized and has the rest of the world wondering what happens next. August gold was last up $5.50 at $1,935.20 and July silver was up $0.521 at $22.875. Geopolitics is back on the front…

Gold, silver traders tread water ahead of U.S. debt talks, CPI Comex gold and silver futures prices are not straying too far from unchanged levels at midday Tuesday. Precious metals traders are very tentative ahead of important government and economic developments in the U.S. that will soon come into play for the marketplace. June gold was last up $0.80 at $2,034.00 and July silver was down $0.059 at $25.775. President Biden later today meets with House Speaker Kevin McCarthy and…