(Kitco News) - Gold and silver prices are moderately higher in early U.S. trading Friday.
Gold trades near steady as bulls stabilize market
(Kitco News) - Gold prices are trading near steady in midday U.S. dealings Thursday. Importantly, gold bulls have stabilized the market following recent selling pressure that drove prices to a more-than-four-month low on Monday. Silver bulls still have some more work to do to steady their market. October gold futures were last down $0.70 at $1,750.60 and September Comex silver was last down $0.323 at $23.16 an ounce.
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Gold price rebounds on signs of peaking US inflation
Gold prices rebounded after the latest US inflation data, easing fears that the Federal Reserve may taper its economic support sooner than expected.
Gold and silver thrive in high-debt environments
Historical charts have shown that every time yields fall below the rate of inflation, ie. they turn negative, gold goes up.
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Gold and silver seeing another small rally
Markets continue to be a challenging trade. Gold and silver are slightly higher this morning, but the rally will probably fail again.
Gold price rises as inflation looks to have peaked
The gold market is holding on to gains near session highs as inflation pressures look to have peaked, meeting economist expectations.