In January 2023, the Gold Volatility Index, which is managed by the Chicago Board Options Exchange, hovered between 16 and 17 points, a range that was last reported in November 2022. This index provides estimates for gold investors and traders who wish to get a sense of how the market might perform over the next 30 days. This is particularly useful for those who trade gold futures contracts, and the best mobile app for monitoring this information is Kitco’s Gold Live!
Seasoned gold and silver investors know Kitco has been one of the most reputable providers of market data and financial information for many decades, and this is just one of the reasons they trust their Gold Live! app, which you can also use to stay up to date on silver prices. Here are some of its other features and functions, explained by the Carlsbad gold and bullion experts at First National Bullion.
Live Prices & Real-Time Data
Each time you launch the Gold Live! app on your iPhone or Android device, it will connect to the Kitco servers, and this means you can check on the live prices of gold and silver. Other precious metals, such as platinum, palladium, and rhodium, can also be checked on a real-time basis. Active traders can check on spot gold prices as well as benchmarks such as the aforementioned Kitco volatility index. Market news headlines and articles are delivered straight from the wires, and some pieces may include fresh video content such as live interviews.
Dynamic & Historical Charts
Whether you’re guided by technical analysis or are just curious about how the precious metals markets have performed in the past, the charting feature of Gold Live! won’t let you down. With granular data going back to the late 1970s, Kitco has gigabytes of market information for you to chart and analyze.
The default configuration of this app displays live prices and news for the five major precious metals. Although this is a good way to keep up with the market, you can get more out of Gold Live! by setting up a watchlist. It takes just a few taps and adjustments to select only the quotes, prices, markets, news, indices, and charts you’re interested in. When you take advantage of this feature, all the information you need can be displayed on a single page. In addition to market information on precious metals, Kitco also provides real-time Wall Street data, forex rates, and even coverage of the cryptocurrency markets. You have the option to add these nuggets of information to your watchlist.
By virtue of being investment commodities, precious metals are sensitive to macroeconomic fundamentals. What this means for investors is that they should be able to understand how market events can impact their portfolios, and this is the intent of Kitco News. The commentary and analysis delivered by Kitco to the Gold Live! app is truly valuable for gold and silver investors.
Whether they’re looking for expert advice on silver prices or they want to buy gold, Carlsbad collectors should work with trustworthy precious metal dealers who offer high-quality service and have years of experience. Call on the industry-leading professionals at First National Bullion when you’re ready to invest in precious metals, including gold, silver, platinum, and palladium. Give us a call today at 760-253-8072.
The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.