Gold Backs Down A Bit After Recent Solid Gains

(Kitco News) – Gold prices were ending the U.S. day session modestly lower, on a normal corrective pullback after the strong gains posted earlier this week. Prices did hit a three-week high in overnight trading. Safe-haven buying has been featured jus…

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Gold Will Benefit As Investors Lose Patience With Trump Presidency – ETF Securities

(Kitco News) – Market reaction to the latest turmoil in the While House shows that investors are losing patience with the Trump administration and this should continue to underpin precious metals this year, according to one commodity analyst.

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Analysts See Further Gold Gains Amid Trump Turmoil

(Kitco News) – Analysts see potential for more gold gains in the weeks ahead as political turmoil continues in Washington D.C., perhaps in turn reducing any monetary tightening by the U.S. Federal Open Market Committee.

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Gold Sees Pressure As U.S. Dollar, Stock Market Stabilize

Gold prices have lost modest early gains and are trading lower and near the daily low in late-morning dealings Thursday.

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U.S. Weekly Jobless Claims Fall 4,000 To 232,000

(Kitco News) – Initial weekly U.S. jobless claims fell by 4,000 to a seasonally adjusted 232,000 in the week to Saturday, the government said. This was less than consensus forecasts.

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Gold Market Sees Modest Selling Following Surge In Philly Fed Index

(Kitco News) – The gold market is seeing muted reaction following strong than expected manufacturing data within the Philadelphia region.

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Gold Sees Follow-Through Strength From Big Gains Wed.

(Kitco News) – Gold prices are modestly higher and hit a three-week high in early U.S. trading Thursday.

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FXTM’s Otunuga: Trump Uncertainty, Interest-Rate Views Support Gold

Gold may well remain underpinned by U.S. political uncertainty and ebbing expectations for tightening of U.S. monetary policy, says FXTM research analyst Lukman Otunuga.

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Markets Meltdown, Gold Soars

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Special Prosecutor May Be Negative For Metals In Short Term

(Kitco News) – The markets are now in the eye of the hurricane. For now the wind is quiet but the back end of the storm remains pending.

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