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(Kitco News) – Gold is posting good price gains in early U.S. trading Friday, on short covering from the futures side and bargain hunting in both cash and futures.
Read moreFundamentally at the moment we have some clear signals that do not look bullish. The U.S. economy is bellowing and snarling, a pent-up beast finally unleashed. So, a need for safe haven is out of the question. Crude keeps dragging gold with it.
Read more(Kitco News) – The U.S. Mint announced Wednesday it has officially sold out of its 2014 American Eagle one-ounce silver coins. In a one-line email the mint said it has sold more than 44 million ounces of silver bullion this year, setting a new record …
Read moreGold prices ended the U.S. day session modestly lower and closed at a fresh three-week low close in quieter trading Wednesday. The yellow metal was pressured by more chart-based selling amid the overall bearish technical posture of the market. Lower crude oil prices were also a bearish “outside market” factor working against the precious metals markets Wednesday. Markets were also generally quiet overnight on this Christmas Eve day. Most U.S. markets closed early today and many traders and investors have already checked out for the week, if not for the rest of the year. February Comex gold was last down $2.80 at $1,175.20 an ounce. Spot gold was last down $2.00 at $1,175.40. March Comex silver last traded down $0.002 at $15.765 an ounce.
Read more(Kitco News) – ‘Tis the season for giving, but the Salvation Army processing center in Tampa, Florida, is questioning whether or not a recent find of gold bars, and a gold ring, in their donation pile is a little too much.
Read moreKitco News speaks with Peter Schiff to get his forecasts for gold in this special outlook edition. Last time Schiff was on the show, he said he expects gold prices to take a “rocket ship back up” and we wanted to know if he has since changed his tune.
Read moreTune in to this special outlook edition of “For Pete’s Sake” where Peter Hug shares his forecasts for the metals in the coming year.
Read more(Kitco News) – Gold could be set for a strong breakout in the second half of 2015 as a year of consolidation wraps up said one European commodity analyst.
Read more(Kitco News) – With the holidays just around the corner, most people have all their shopping done. But, for those of you who have a tendency to procrastinate, here are some very extravagant, expensive “golden” gift ideas to put under the tree.
Read moreAnother drop in weekly jobless claims is keeping gold prices weaker Wednesday morning, says George Gero, vice president and precious-metals strategist with RBC Capital Markets Global Futures. He adds that it is easy to be bearish on gold when U.S. equ…
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