
Wall Street retreats to the fence after flash selloff, Main Street remains bullish ahead of thin holiday trading week
The latest Kitco News Weekly Gold Survey showed the preponderance of Wall Street experts on the fence about gold’s near-term prospects, while Main Street investors maintained last week’s bullish majority despite the week’s drama.

As gold and silver struggle, Franklin Templeton sees value in mining stocks
(Kitco News) - Gold and silver prices continue to struggle to find their footing, as they have been unable to hold initial support levels; however, according to one fund manager, there is still plenty of value in the precious metals space, particularly within the mining sector.

Gold, silver sell off rapidly; reasons are unknown
(Kitco News) - Gold and silver prices are posting sharp losses near midday Thursday. The late-morning price downdrafts were quick to occur, with platinum, palladium, copper, the U.S. stock indexes and crude oil prices all dropping to their daily price lows at the same time.

Gold finds balance at $5,000, but recession risks could spark next rally
(Kitco News) - Volatility in gold and silver has calmed, with prices settling slightly above $5,000 and $80 an ounce, respectively; however, one financial institution warns investors to expect further price swings in the coming months as the market continues to consolidate.





