18-Karat Gold Rooster At Centre Of 1960s Nevada Casino Dispute
In what may now seem like a very bizarre court case, American marshals confiscated a 14-pound solid gold rooster from a casino lobby in Nevada in July 1960 under the justification that it violated the 1934 Gold Reserve Act, author and Inc. editor Jame…
Read moreGold In ‘Wait-And-See Mode’ After Hawkish Fed – Analysts
(Kitco News) – Gold could continue to suffer in the short term as Federal Reserve monetary-policy tightening weighs on the market, according to analysts.
Read moreWall St., Main St. Look For Gold’s Decline To Continue
Main Street and Wall Street alike look for gold to fall some more next week, according to the weekly Kitco News gold survey.
Read moreGold Sees Little Reaction To 5.5% Drop In May U.S. Housing Starts
(Kitco News) – Gold prices remain near their three-week lows seeing little reaction to weaker than expected U.S. housing data.
Read moreGold Firmer As Crude Oil Stabilizes, Greenback Weaker
Gold prices are slightly higher in early U.S. trading Friday, on some short covering by the shorter-term futures traders and as crude oil prices are modestly up following this week’s selling pressure.
RBC’s Gero: $1,300/Oz Gold ‘Still On The Table’
Gold could slip some more but probably not much, given the geopolitical climate, says MKS (Switzerland) S.A.
Read more‘Yellen Must Unwind System Of Fiat Currency’ – Ron Paul On Fed Rate Hike
U.S. Federal Reserve Chair Janet Yellen should be working with the American government to “unwind the system of fiat currency” instead of just reducing the balance sheet, Ron Paul said in a statement.
Fed’s ‘Hawkish’ Message Could Be More ‘Bark Than Bite’ – TD Securities
The Federal Reserve’s “hawkish” attitude Wednesday could very well not pan out, amid a number of geopolitical risks still facing markets, this according to a TD Securities’ report, which sees gold coming back up to around $1,275 an ounce.
Gold Could Fall Back To Multi-Year Lows After Last Week’s False Breakout – Analyst
(Kitco News) – Gold investors might be in for some difficult times as one trading firm sees shifting momentum in the marketplace.
Read moreExpect ‘Very Good’ U.S. GDP Data in the ‘Very Near Future’ – POTUS
Mirroring the Federal Reserve’s recent optimism, President Donald Trump seems to be bullish on the U.S. economic growth story, thanks to his administration’s efforts at reducing regulation.