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Mitsubishi Sees $1,250 Gold In 3Q; Focus On U.S. Fed, Politics
Mitsubishi looks for gold to average $1,250 an ounce in the third quarter, saying continuing efforts toward normalization of U.S. monetary policy is a bearish factor for the metal but “dysfunctional” U.S. politics is a supportive one.
Gold Moves Just Above Unchanged On Some Mild Bargain Hunting
Gold prices have moved from slightly lower to slightly higher on the day, in late-morning action Tuesday.
Read moreGold To Move Up Quickly If $1,350 Resistance Breaks: Milling-Stanley
Gold prices could see a swift move up if gold’s resistance at $1,350 breaks, says one market analyst, adding that this could happen before the year ends.
Standard Chartered: Rising Investor Interest Overshadows Physical Market
Gold has been rallying in recent weeks, gaining traction above the 200-day moving average, as investor interest recovers from early-month weakness
Read moreCenterra 2Q Profit, Production Soar; Output Guidance Revised Higher
Centerra Gold Inc. (TSX: CG) says second-quarter net earnings jumped to $23.4 million, or 8 cents per share, from $2.9 million, or a penny, in the same period a year ago.
Read moreGold Slightly Down Ahead Of Busy U.S. Data Day
Gold is slightly lower in early U.S. trading Tuesday, on some more mild profit taking from recent strong gains that pushed prices to a six-week high on Monday.
Read moreGold Moves Up After Trump Removes Scaramucci As Communications Director
Gold prices have moved from slightly lower levels to steady to slightly up on news that Anthony Scaramucci has been fired as White House communications director.
Read moreEven If Gold Corrects For Next 2-3 Days, The Trend Still Points Up – Analyst
Although the gold market could see a correction for the next few days, the main trend remains up, says one Chicago-based analyst.
Read moreEverything You Need To Know About Gold Today
Gold prices were ending the U.S. day session slightly lower Monday, on mild profit taking from the shorter-term futures traders after prices scored a six-week high overnight.
Read moreHow Much Gold, Silver in London Vaults? LBMA Releases Data
In an effort to increase transparency in the marketplace, the London Bullion Market Association (LBMA) released data on how much gold and silver is stored inside its London vaults.
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