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Gold poised for new highs by year-end as economic uncertainty supports bullish outlook
The gold market may be caught in a holding pattern through the summer, but its ability to maintain critical support at elevated levels suggests that it’s only a matter of time before it retests April’s all-time highs, according to one market strategist. In a recent interview with Kitco News, Chantelle Schieven, Managing Director at Capitalight Research, said it could be difficult for gold to reach new highs as the U.S. economy and labor market remain fairly resilient. She also noted that inflation pressures, while elevated, remain relatively contained—for now. Schieven explained that U.S. consumers and the ... (full story)
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From kitco.com|Jun 10, 2025|1 commentThe U.S. Federal Reserve will keep interest rates on hold for at least another couple of months, according to most economists polled by Reuters, as risks linger that inflation may ...
From @financialjuice|Jun 10, 2025US Treasury Secretary Bessent: We have had 2 days of productive talks, and they are ongoing. I have to go back to DC to testify before Congress. US officials will be continuing with Chinese officials. LONDON - U.S. TREASURY SECRETARY BESSENT: RETURNING TO U.S., GREER AND LUTNICK TO CONTINUE TALKS
From youtube.com/whitehouse|Jun 10, 2025|6 commentsFort Bragg, NC
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From fxdailyreport.com|Jun 10, 2025Gold prices have broken above the flag pattern, which is bullish. However, there is no bullish continuation yet, as the price turn lower to retest the broken trend line. We ...
From gainesvillecoins.com|Jun 10, 2025Throughout major economic upheavals from the Great Depression to today's inflation surge, gold has played a complex role as both crisis hedge and portfolio stabilizer. Gold has ...
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- Jun 10, 2025 4:40pm Posted byFundamental Analysis428
