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Gold price near steady amid summer doldrumsSenior Technical Analyst Jim Wyckoff prepares investors with an overview of how the markets opened and closed. What moved metal prices? How do the technicals look? By looking at important developments
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Gold price testing support just above $1,700 as U.S. housing starts fall 2% in June(Kitco News) - The gold market is seeing some new selling pressure and is back to testing support just above $1,700 an ounce. The precious metal is unable to gain any bullish traction following a drop in U.S. housing construction in June.
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Gold could have an upside intraday breakoutKitco News) - Gold has moved into a consolidation zone after falling recently. The 30-minute futures chart below is showing some signs of a recovery. Since the green area at $1686.6/oz was hit the price has made some higher low waves and a break of the blue area at $1722/oz would indicate a short-term trend change.
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Gold trades flat ahead of the European open(Kitco News) - Gold is trading flat leading into the European open while silver is around 0.21% in the black. Looking at the rest of the commodities complex, copper is nearly 1% lower while spot WTI is 0.82% higher.
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The gold market has turned bearishKitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals prices
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Avino reports ‘better-than-expected’ silver, copper and gold production in Mexico in second quarterAvino reports ‘better-than-expected’ silver, copper and gold production in Mexico in second quarter kitconews gold silver finance metals investing mining economics
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