Precious Metals Current Market Pricing

GoldUSD 2,333.20   per Ounce
SilverUSD 30.30   per Ounce
PlatinumUSD 1,029.50   per Ounce
PalladiumUSD 966.30   per Ounce
May 24 2024 16:59 EST


Kitco News

Latest news on precious metals from Kitco!

(Kitco News) - Thursday, May 23—June bitcoin futures prices are a bit higher in early U.S. trading Thursday. Prices Tuesday hit a six-week high.
Author: Jim Wyckoff
Posted: May 25, 2024, 1:13 pm
(Kitco News) - The gold market fell to session lows after the latest data showed activity in both the U.S. service and manufacturing sectors improved this month.S&P Global announced on Thursday that its preliminary Purchasing Managers Index for the service sector rose to 54.8 in May, up from April’s reading of 51.3.  Activity in the service sector was stronger than expected, as economists forecasted an unchanged reading. 
Author: Ernest Hoffman
Posted: May 25, 2024, 1:13 pm
(Kitco News) - Gold and silver prices are lower in early U.S. trading Thursday, on more profit-taking pressure from the shorter-term futures traders as well as weak-handed longs being forced to liquidate their recently established positions that are now under water.
Author: Jim Wyckoff
Posted: May 25, 2024, 1:13 pm
(Kitco News) - Wednesday, May 22—June bitcoin futures prices are higher in early U.S. trading Wednesday, and on Tuesday hit a six-week high.
Author: Jim Wyckoff
Posted: May 25, 2024, 1:13 pm
(Kitco News) - A new paradigm shift in the gold market as long-held correlations break down means investors must follow a new playbook, according to one investment firm.
Author: Neils Christensen
Posted: May 25, 2024, 1:13 pm
(Kitco News) - Gold and silver prices are sharply lower in midday U.S. trading Wednesday, on corrective pullbacks and profit taking following recent solid gains.
Author: Jim Wyckoff
Posted: May 25, 2024, 1:13 pm
(Kitco News) -The gold market continues to see solid technical selling pressure with prices struggling to hold support at $2,400 an ounce. The market has been unable to attract any new buying momentum even as U.S. consumers largely stay away from the housing market.
Author: Neils Christensen
Posted: May 25, 2024, 1:13 pm
Bitcoin and Ether prices were in consolidation mode in early trading on Friday after the surprise spot ETH ETF approval by the SEC reignited bull market sentiment in the ecosystem.
Author: Jordan Finneseth
Posted: May 25, 2024, 1:13 pm
A survey conducted by the Fed in October found that only 7% of Americans reported buying or holding crypto in 2023, and only 1% used it to make a purchase or payment.
Author: Jordan Finneseth
Posted: May 25, 2024, 1:13 pm
(Kitco News) - The current pullback in gold prices is very temporary, as the Federal Reserve will deliver multiple rate cuts which will propel gold prices to $3,000 in the next 12 months, according to Max Layton, Global Head of Citigroup Commodities Research.
Author: Ernest Hoffman
Posted: May 25, 2024, 1:13 pm