From Bold to Boring

After a rollicking spring rally, gold has settled into a trading range that seems typical for a summertime slowdown. One indicator is now pointing toward a big surprise soon, however.

FXStreet13:57 ET

Expectations of interest rate cuts are putting pressure on gold and copper again, waiting for this week's PMI data to provide guidance.

Last week's released overseas macro data remained relatively weak, while Fed officials' statements were relatively hawkish, especially Federal Reserve official Bowman pointed out the possibility of interest rate hikes, which put pressure on the market, causing the US dollar to further strengthen against other currencies. This week, there will be intensive release of Euro-American PMI data, which will be a good guide for the market.

CME GroupJun 30 23:22 ET

Kinross Gold Corporation (KGC) Soars to 52-Week High, Time to Cash Out?

Yahoo FinanceJun 28 09:15 ET

Kinross to Announce Q2 Results on July 31, 2024

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) will release its financial statements and operating results for the second quarter of 2024 on Wednesday, July

GlobeNewswireJun 27 17:00 ET

The Zacks Analyst Blog Highlights Walmart and Target, Kinross Gold, Royal Gold and Barrick Gold

Yahoo FinanceJun 26 05:47 ET

2024 Half-Year Recap | The 10 Best Performing Canadian Stocks So Far In 2024

With the market's expectation of a rate cut by the Federal Reserve, a marked uptick in gold acquisition by central banks around the globe, and enduring geopolitical conflicts in the Middle East, gold prices soared in 2024, and silver prices followed suit. Copper's value climbed as well, supported by the dual pressures of forecasted supply deficits and an escalation in demand. The rise in commodity prices in 2024 boosted ...

Moomoo News CanadaJun 25 08:59 ET