Gold Eases As Philadelphia Fed Survey Index Rises To 16.6 In May
(Kitco News) – Gold fell as the current general activity index for a survey of manufacturers in the Philadelphia area rose to 16.6 in May from 8.5 in April, according to a Philadelphia Fed report. Spot gold was last down $5.30 to $1,290.80 an ounce.
Read moreGold Prices Pull Back As U.S. Equities Rebound, Upbeat U.S. Data Released
(Kitco News) – Gold and silver prices are modestly down in early-morning U.S. trading Thursday. A good rebound in the U.S. stock market this week has boosted trader and investor risk appetite, which is bearish for the safe-haven metals.
Read moreGreat Panther Reports 1Q Loss On Acquisition Charges, Lower Metals Prices
(Kitco News) – Great Panther Mining Ltd. (TSX: GPR; NYSE American: GPL) reports a loss for the first quarter although some of this was costs associated with the purchase of Beadell Resources and its Tucano Mine in Brazil, Great Panther says.
Read moreBitcoin Daily Chart Alert – Normal Corrective Pullback Thursday – May 16
(Kitco News) – Bitcoin-U.S. dollar prices are lower Thursday morning and are seeing a normal downside correction from recent solid gains that saw prices hit a 10-month high this week.
Read moreDon’t Rule Out Gold At $1,450 In 2020 — UOB
(Kitco News) – In just one year from now, gold will not only breach $1,300 but also surpass $1,400 an ounce, according to United Overseas Bank (UOB).
Read moreWells Fargo Cautions Investors Against Buying Gold
(Kitco News) – Even though gold has survived the test of time as an excellent safe-haven asset, Wells Fargo is cautioning investors against getting too excited about the metal at current price levels.
Read moreWhere Is Gold Headed Next Week? VOTE NOW!
(Kitco News) – It is now time to have your say in where you think gold prices are heading in the short-term.
Read moreThe Price Of Gold Will Rise As Trade Wars Weigh On USD – Morgan Stanley
(Kitco News) – Gold will be an attractive safe-haven asset as rising trade tensions weaken the U.S. economy and drag down the U.S. dollar, according to a recent report from Morgan Stanley.
Read moreGold Prices Firmer As Bulls Hang Tough
(Kitco News) – Gold prices are modestly higher in early-afternoon U.S. trading Wednesday.
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