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Gold prices continue to fall under pressure, hitting a seven-week low Friday following the release of upbeat U.S. employment data, and one analyst says the metal is just waiting on volatility to pick up.
Read moreWall Street traders and analysts look for gold’s suffering to continue next week, after a strong U.S. jobs report Friday, with the market also described as technically weak on the charts.
Read moreGold prices are trading solidly down and hit a seven-week low in late-morning action Friday.
Read moreUBS has maintained its bullish outlook for gold, citing “benign” interest rates, expectations for a softer U.S. dollar and a pickup in physical demand.
Read moreGold prices are near steady in early U.S. trading Friday morning, and showed a surprising upside price reaction to a U.S. non-farm payrolls number that was a big miss to the upside.
Read more(Kitco News) – Gold prices are seeing only most selling pressure holding just below initial support at $1,220 an ounce as the U.S. economy created more jobs than markets were expecting.
Read moreCoeur Mining, Inc. (NYSE: CDE) says it has revised 2017 output guidance to reflect higher-than-expected gold production
Read moreOPEC and other major oil producers have taken on an ambitious battle to rebalance the oversupplied oil market, but despite the best intentions their efforts aren’t enough, Morgan Stanley warns.
Read moreGold prices ended the U.S. day session with modest gains Thursday.
Read moreFederal Reserve monetary policy tightening, the U.S. dollar, higher yields and strong equity markets are but a few of the factors weighing on the gold market right now.
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