Technical Trading: Gold Traders Eye Swiss Vote, Downside Limited For Now

February Comex gold futures are consolidating quietly in early Monday action, following two consecutive weeks of gains. In the short-term, uncertainty ahead of the Swiss gold initiative vote on November 30 will limit downside in gold. Technically, a s…

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Gold Prices Weaker as U.S. Dollar Index Hits 4-Year High Overnight

Gold prices are modestly lower in early U.S. trading Monday. The yellow metal bulls continue to find it very difficult to shake off the negative impact of a stronger U.S. dollar against the other major world currencies. The U.S. dollar index notched a…

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Gold Prices Starts Week Hovering Around Support At $1,200

(Kitco News) – Gold prices are starting the week holding on to recent gains, hovering around initial support at $1,200 an ounce.

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Next Week’s OPEC Meeting, Eurozone Data Gives Gold Much To Consider

The gold market has a full plate next week: there’s a major meeting of the Organization of Petroleum Exporting Countries, inflation data out of the eurozone, and a major holiday in the U.S. to keep volatility high.

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From Cayman With Love – Weekly Roundup Issue 18

If it is any consolation, I didn’t get to enjoy the sun of the Cayman Islands but did get to chat with some great people. We branched out and spoke about uranium and natural gas with some of the keynote speakers. We also spoke with our guests about whether Russia and Europe are buying more gold; if the Swiss will vote ‘yes’ in its gold referendum and what are the chances of QE4. These were just some of the subjects we tackled with keynote speakers Peter Schiff, Robert Ringer, Adrian Day and many others.

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Gold Prices Expected To Rise Next Week – Survey Participants

A majority of survey participants in the weekly Kitco News Gold Survey see higher prices next week.
In the Kitco News Gold Survey, out of 36 participants, 23 responded this week. Of those, 14 see prices up, while six see prices down and three see pric…

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ECB Starts Buying Asset-Backed Securities

The European Central Bank announced Friday that it has started buying asset-backed securities as it attempts to revive its stagnating economy and encourage lending among banks.

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Is The Federal Reserve To Blame For Physical Commodity Manipulation? – U.S. Senate

(Kitco News) – Thanks to easy access to capital provided by the Federal Reserve, Wall Street banks were able to bully their way into commodity markets and manipulate prices to their advantage, said Senator Carl Levin Friday.

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Major Gold, Silver Bear Says Market On The Verge Of An Uptrend

(Kitco News) – The gold and silver market could be on the verge of an uptrend but more confirmation is needed before one major market bear is ready to buy.

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Gold Rallies On Bullish Overnight News From China, Europe

(Kitco News) – Gold futures prices are moderately higher in early U.S. trading Friday, boosted on a surprise interest rate cut in China and by more dovish comments from the European Central Bank

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