A Break Of $1,300 Could Push Gold To 2016 Highs

(Kitco News) – Renewed safe-haven demand has helped generate strong momentum for gold as the market has pushed through key levels, but more work needs to be done to confirm the long-term uptrend, analysts say.

Citi: ‘Precious-Metal Complex May See Prices Peak In 2Q 17’

Citi Research sees precious metals peaking in the current quarter. “Reluctant to pick up slack in the market, investor anxiety suggests further headwinds persist into 3Q 17,” the bank says.

Gold Up Amid Uncertainty As Important Events Lie Just Ahead

Gold prices are solidly higher and hit a six-week high in early U.S. trading Tuesday.

Japan’s Sumitomo Obtains Stake In Iamgold’s Côté Gold Project

(Kitco News) -Iamgold Corp. (NYSE: IAG; TSX: IMG) and Japan’s Sumitomo Metal Mining Co., Ltd. have entered into a joint venture to develop the Côté gold project in Ontario, the companies reported late Monday.

The Many Faces Of Fear And Greed

‘Plenty Of Reasons To Keep Gold In Your Portfolio’ – TD Securities

Gold will test the next key level of $1,300 if the Federal Reserve “remains cautious” at its upcoming June meeting, TD Securities said in a report.

Gold To Shine As Investors Ignore Growing Recession Risks – In Gold We Trust 2017

(Kitco News) – Investors continue to take a cavalier attitude to economic risks, piling into equities, but one major gold fund sees the market at an important precipice that could benefit the yellow metal.

Gold Hits 6-Wk High, On Safe-Haven Buying, Bullish Charts

Gold prices were ending the U.S. day session modestly higher and hit a six-week high Monday.

Hedge-Fund Buying Pushing Gold To Key Levels – Analysts

(Kitco News) – Momentum is building on itself in the gold market as hedge funds and money managers continue to add to their bullish positioning, driving the price closer to a key psychological level.

Gold Holding Gains After Drop In ISM Non-Manufacturing PMI

(Kitco News) – Gold prices are holding steady near their session highs following a drop in momentum in the service sector, according to the latest data from the Institute of Supply Management (ISM).