Gold Weaker On Corrective Pullback, Profit Taking

(Kitco News) – Gold prices are modestly lower in early U.S. trading Wednesday, on a mild corrective pullback and chart consolidation from recent gains that saw prices Tuesday hit a six-week high.

Gold Ends Up At 6-Week High, On More Safe-Haven Demand, Bargain Hunting

Gold prices ended the U.S. day session moderately higher and scored a six-week high Tuesday. Safe-haven demand and bargain hunting continue to flow into the gold market, which in turn have also worked to improve the chart posture for the precious meta…

Indian Gold Demand Jumps During Run-Up To Diwali Festival

Gold demand from India picked up significantly ahead of the approaching Diwali festival, analysts and traders reported.

Barclays: Swiss Trade Data Suggests Palladium Market Remains Tight

Trade data for Switzerland suggests that the palladium market remained tight in the third quarter, says Barclays.

Global Effort Needed To Combat Ebola – Randgold CEO

(Kitco News) – As the current Ebola virus continues to claim lives throughout West Africa, an executive with African-based Randgold Resources Ltd. (LSE:RRS)(NASDAQ:GOLD) believes that there needs to more action and less talk from the international comm…

Tuesday’s Forex Analytical Charts

Tuesday’s Analytical Charts for Gold, Silver and Platinum and Palladium

U.S. Existing Home Sales Rise 2.4% In September

(Kitco News) – The U.S. housing market found some support in September, reversing some of August’s losses, as existing home sales increased, according to the National Association of Realtors.

Gold Up, Hits 6-Week High; More Safe-Haven Demand and Bargain Hunting

(Kitco News) – Gold prices are moderately higher and notched a six-week high in early U.S. trading Tuesday.

Gold Ends Up On Some Safe-Haven Demand, Improving Technical Posture

Gold prices ended the U.S. day session moderately higher Monday and are hovering near a five-week high. The precious metal was boosted by more safe-haven demand and bargain hunting. Traders and investors are still a bit nervous following last week’s volatility and uncertainty, which could return. The near-term chart posture for gold also continues to improve. December Comex gold was last up $5.80 at $1,245.00 an ounce. Spot gold was last quoted up $6.40 at $1,245.00. December Comex silver last traded up $0.029 at $17.36 an ounce.