Speculators Squaring Gold Trades Ahead Of FOMC – CFTC Data

Hedge Funds and money managers squared their books ahead of the holidays and an uncertain Federal Open Market Committee meeting, according to the latest trade data from the U.S. Commodity Futures Trading Commission.

Gold Ends Sharply Lower, Hits 3-Week Low, on Technical Selling, Lower Oil

Gold prices ended the U.S. day session sharply lower and hit a three-week low Monday. Technical selling was featured amid a lack of fresh, bullish fundamental news. Lower oil prices were also a bearish “outside market” force working in favor of the precious metals bears Monday. Thin volume, as many players are already off for the Christmas week, likely exacerbated the downside price move in gold Monday. February Comex gold was last down $21.40 at $1,174.70 an ounce. Spot gold was last down $19.80 at $1,174.75. March Comex silver last traded down $0.38 at $15.65 an ounce.

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Central Banks On Diverging Paths In 2015

With the 2008-2009 global financial crisis finally fading into the rear view mirror, focus turns the Big Three global central banks —the U.S. Federal Reserve, Japan’s Bank of Japan (BOJ) and the euro-zone’s European Central Bank (ECB).

Gold Sells Off as Crude Oil Resumes Price Slide

Gold prices have dropped to moderately lower levels as midday U.S. trading approaches. Gold’s dip coincided with falling crude oil prices, as Nymex futures traded solidly lower after posting early, slight gains. A lack of fresh, bullish fundamental ne…

Russia Continues to Boost Its Gold Reserves

Russia has defiled ongoing speculation that it has been forced to sell some of its gold reserves as it deals with a growing financial crisis.

Technical Trading: Traders Beware These Are Not Normal Volume Conditions

Dec 22 —Gold prices are little changed in early Monday morning action, ahead of what could be a slow holiday trading week. Light volumes, tight ranges and choppy conditions are likely.

INFOGRAPHIC: Are Gold Miners On Track With Projected 2014 Costs?

(Kitco News) – Alright, no sense flogging a dead horse – we all know that 2014 was the year of the great cost cuts by gold miners.

UK Financial Body Regulating Gold, Silver Benchmarks

Britain’s financial regulatory body is moving forward with its plans to regulate gold and silver benchmarks.

Gold Near Steady to Start Holiday-Shortened Trading Week

Gold prices are trading not far from unchanged in quieter dealings early U.S. trading Monday. The Christmas holiday on Thursday is making for thin volumes as many players are already off for the week. February Comex gold was last up $0.20 at $1,195.80…