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.

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Expect ‘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.

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Is Bitcoin in a Bubble? Jim Rickards Seems To Think So….

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Gold Holding Solid Losses Heading Into U.S. Close

Gold prices are heading into the U.S. futures close with solid declines, near their session lows, and hit a three-week low Thursday

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Gold Still In Good Shape Following Hawkish Fed Meeting – George Milling-Stanley

(Kitco News) – The gold market is still in good shape despite prices falling to a three-week low after the Federal Reserve raised interest rates by 25-basis points, and struck a hawkish tone on future monetary policy, according to one analyst.

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Citi: South African Mining-Charter Changes Are ‘Investment Negative’

Changes to South Africa’s charter for mining companies are “investment negative,” as social costs of mining in the country are likely to keep rising, said Citi analysts Thursday.

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New York Manufacturing Sentiment Hits 2-Year High – New York Fed

(Kitco News) – The manufacturing sector in the New York region is seeing renewed momentum as sentiment rises to its highest level in two years, according to the latest survey data from the New York Federal Reserve.

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Gold Market Ignores 8K Drop In Weekly Jobless Claims

(Kitco News) – Gold prices remain under strong selling pressure and see litle reaction as initial weekly U.S. jobless claims dropped by 8,000 a seasonally adjusted 237,000 in the week to Saturday, the government said. This was less than consensus fore…

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Philadelphia Fed Manufacturing Index Falls To 27.6 In June

Kitco News reports on Philadelphia Federal Reserve business index for June

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Standard Chartered: FOMC-Led Cycle Lows In Gold Are Rising

Standard Chartered says the cycle lows, after U.S. Federal Open Market Committee rate hikes, are rising, with Fed policy to decide gold’s future direction.

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