South African PGM Output May Return To Normal By 2016 – Deutsche Bank

(Kitco News) – South African platinum group metals output may not return to normal until about 2016, as the industry recovers from one of the worst strikes earlier this year, said Deutsche Bank Wednesday.

CME Group Sept Average Daily Volume Rises 17.7% Vs August, Up 17% Vs 2013

Gold Could See Short-Lived Boost Thursday Following ECB Decision

(Kitco News) – Gold prices may see a boost Thursday, on the back of a bounce in the euro and a weaker U.S. dollar, after the European Central Bank releases the details of its quantitative easing program, but it won’t be enough to shift the yellow metal’s downward momentum, analysts said.

Gold Hovers Near 9-Mo. Low as Economic Report Pace Picks Up

Gold prices are steady to slightly lower and trading near this week’s nine-month low in early U.S. dealings Wednesday. The economic report schedule picks up steam starting Wednesday, with the highlight of the week being Friday’s U.S. employment report. December Comex gold was last down $2.00 at $1,209.40 an ounce. Spot gold was last quoted up $0.10 at $1,209.30. December Comex silver last traded down $0.017 at $17.04 an ounce.

ADP Shows 213K Private Sector Jobs Created In September

(Kitco News) – U.S. companies increased the pace of hiring in September, according to a report released by payrolls processor ADP Wednesday.

Gold-Coin Sales Picking Up – Commerzbank

Five Large Gold Heists From Hollywood

Markets’ Rational Complacency – Nouriel Roubini

NEW YORK – An increasingly obvious paradox has emerged in global financial markets this year. Though geopolitical risks – the Russia-Ukraine conflict, the rise of the Islamic State and growing turmoil across the Middle East, China’s territorial disputes with its neighbors, and now mass protests in Hong Kong and the risk of a crackdown – have multiplied, markets have remained buoyant, if not downright bubbly.

Gold Sinks to 9-Month Low Amid Bearish “Outside Market” Forces

Gold prices ended the U.S. day session lower and fell to a nine-month low Tuesday. The key “outside markets” were in a bearish posture for the precious metals, as the U.S. dollar index was higher and crude oil prices were sharply lower. Both gold and silver prices closed at technically very bearish monthly and quarterly low closes, on this last trading day of the month and of the third quarter. December Comex gold was last down $7.20 at $1,211.60 an ounce. Spot gold was last quoted down $4.10 at $1,211.50. December Comex silver last traded down $0.502 at $17.065 an ounce.

Swiss Gold Referendum Attracting Attention Two Months Ahead Of Vote

(Kitco News) – A referendum on Switzerland’s gold reserves is starting to attract some attention outside of the country as a yes vote would have significant implications for the gold market, said one market analyst.