Kitco News, Released on 1/20/22 “With all indicators pointing to inflation continuing to be problematic, the U.S. dollar index leveling off, and crude oil prices remaining high, gold prices could hit $2,000 an ounce this year,” emphasized Jim Wyckoff, Senior Market Analyst at Kitco News. David Lin, Anchor at Kitco News discussed gold and inflation […]
Kitco News, Released on 8/24/21 Jim Wyckoff, senior analyst at Kitco News, discusses with David Lin, anchor for Kitco News, the price action and next price level expectations with gold, silver, and crude oil. 0:00 – Gold price action 1:46 – U.S. dollar 2:50 – Gold’s rebound 4:45 – Gold’s next key level 6:12 – […]
Kitco News, Released on 6/18/21 Jim Wyckoff, senior analyst of Kitco News, called this week’s drop in gold a “knee jerk reaction.” In an interview with David Lin, anchor for Kitco News, Wyckoff said that the move came from the hawkish tone of the Federal Reserve, and that long-term, the price direction for gold and […]
Kitco News, Released on 5/5/21 Lumber prices rose on the back of strong household demand during the past year, and this can create secondary effects on inflation overall, said Jim Wyckoff, senior analyst at Kitco News. 0:00 – Gold/silver technicals 1:00 – Janet Yellen’s comments on interest rates 4:00 – Inflation expectations 5:42 – Lumber […]
Kitco News, Released on 4/16/21 Momentum has shifted back in gold and silver’s favor for now, said Jim Wyckoff, senior market analyst at Kitco News. “When we last talked, the markets, both gold and silver, were in a near-term price downtrend. Remember, we talked about key support levels that had to hold to keep prices […]
Kitco News, Released on 3/31/21 Treasury yields have risen to a 14-month high, boosting the U.S. dollar, which in turn has put downward pressure on gold. Jim Wyckoff, senior market analyst for Kitco News, said that the short-term technical indicators for gold have deteriorated. “We hit a new 3-week low today [Tuesday] in the gold […]
