Gold Is Too ‘Pricey’: Look At Platinum and Silver — Wells Fargo
(Kitco News) – With gold’s impressive rally this summer, prices might be too “pricey” for some investors, which is why Wells Fargo is advising clients to buy cheaper precious metal alternatives like platinum and silver.
Read moreProposed Minnesota Mine Sidesteps Court Challenge
(Kitco News) – Poly Met Mining and its proposed nickel and copper mine in Minnesota beat off a court challenge from environmental groups, the company announced yesterday.
Read moreGold Prices Trek Farther North, Hit 6 Yr. Highs
(Kitco News) – Gold prices are moderately up in midday U.S. trading Tuesday, after scoring another six-year high in overnight dealings.
Read more‘Quantitative Failure’ Gives Gold A Chance At $2,000, Says BofAML
(Kitco News) – Gold’s rally has room to run with Bank of America Merrill Lynch (BofAML) projecting that the yellow metal hits $1,500 an ounce next year with the potential to get as high as $2,000, according to the bank’s latest report.
Read moreGold Prices Moderately Higher; Traders Expect More Upside
(Kitco News) – Gold prices are holding moderate gains in late-morning trading Tuesday. The pause in price action earlier today invited fresh buying interest from bullish traders who expect more price gains in the near term.
Read moreDitch the Dollar, Buy Gold and Other Currencies: JP Morgan
(Kitco News) – Investors should diversify away from the U.S. dollar and increase their exposure to other major currencies and gold, according to a report from JP Morgan.
Read moreGold’s Close Above $1,460 Opens Door To $1,500, Says FXTM
(Kitco News) – If gold prices can confidently close above $1,460 an ounce, it may open the doors for $1,485 and then $1,500 an ounce, FXTM writes in a note to clients
Read moreGold Prices Pause; Bulls Remain Strong
(Kitco News) – Gold prices near steady and pausing in early U.S. trading Tuesday, after scoring another six-year high in overnight dealings.
Read moreBitcoin Daily Chart Alert – Bulls Keeping Foot On The Gas – August 6
(Kitco News) – Bitcoin-U.S. dollar futures prices are near steady in early U.S. trading Tuesday but did hit a three-week high overnight.
Read moreGold Looks to Take a Rest
(Kitco News) – On Monday, with equity markets getting hammered, gold was flying higher as it makes a run at our first target of $1,500.
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