Phoenix’s Grady: Open-Interest Data Hint Shorts Entered Gold

A rise in the number of open positions in Comex gold futures as of the end of business on Thursday, when prices fell, is a bearish sign for the gold market, says Kevin Grady, president of Phoenix Futures and Options LLC.

Read more
Gold Down, Hits 2-Week Low; Yellen On Deck

Gold prices are modestly lower and scored a two-week low in early U.S. trading Friday.

Read more
Iamgold Announces Launch Of $500 Million Notes Offering

Iamgold Corp. (TSX: IMG; NYSE: IAG) announces that it has commenced an offering of $500 million of senior notes due in 2025.

Read more
Weaker U.S. Dollar To Boost Gold To $1,300… Just Not Now – ABN AMRO

(Kitco News) – Gold has ended its worst day since Dec. 15, but one international bank remains bullish on the yellow metal, expecting prices to stabilize through 2017 as the U.S. dollar weakens.

Read more
Gold Solidly Down On Likely U.S. Rate Hike Soon, Bearish Outside Mkts

Gold prices were ending the U.S. day session solidly lower Thursday, on heavy profit-taking from the shorter-term futures traders after prices Monday hit a 3.5-mongh high.

Read more
Three Factors That Could Drive Gold 15% Higher – Crossborder Capital

(Kitco News) – Although markets are expecting the Federal Reserve to raise interest rates three times this year, starting as early as March, one research firm says there are three factors converging together to create the perfect storm for the gold ma…

Read more
O Canada: Top Mining Nation In The World – Fraser Institute

(Kitco News) – With only a few days to go before the start of the Prospectors and Developers Association of Canada conference, Canada has once again earned bragging rights for being the top mining nation in the world, according to a Canadian-based thi…

Read more
Commerzbank Maintains Year-End $1,300 Gold Forecast

Commerzbank looks for investors to keep buying gold in the months ahead due to political and economic uncertainty on both sides of the Atlantic Ocean, commenting that any price retreats are likely to be limited.

Read more
INTL FCStone: Gold May Ease Further But Not Much

INTL FCStone looks for gold to remain under pressure in the near term, but with limited downside even though Fed Chair Janet Yellen is expected to reinforce market expectations

Read more
Gold Prices Remain Under Pressure Following 19K Drop In Weekly Jobless Claims

(Kitco News) – Gold remains under pressure after the government said Thursday that initial weekly U.S. jobless claims fell by 19,000 to a seasonally adjusted 223,000 last week.

Read more