CPM Group Sees Gold Averaging Near $1,300/Oz In 2019
CPM Group looks for gold prices to rise next year as the Federal Reserve slows its pace of U.S. interest-rate hikes, yet the consultancy does not expect the yellow metal to run away to the upside either since the economy will remain strong.
Read moreWall Street Split On Gold Prices; Main Street Bullish
Wall Street is split on where gold prices are headed next week, while Main Street is bullish, according to the Kitco News gold survey.
Read moreCharts Suggest Constructive Outlook for Gold Prices in 2019
The near-term and longer-term technical chart postures for the gold market have become more bullish during the last quarter of 2018, to suggest the yellow metal’s price will continue to trend sideways to higher at least into the first quarter of the new year.
Read moreFXTM: Dollar Flexes Muscles, Pushes Gold Lower
Read moreGold Prices Hit Session Lows Following Strong Revisions In U.S. Retail Sales
(Kitco News) – The gold market is being hit with renewed selling pressures as U.S. consumers continue to spending money ahead of the holiday shopping season.
Read moreWheaton Reaches Tax Settlement With Canadian Authorities
Wheaton Precious Metals says it has settled a tax dispute with the Canada Revenue Agency related to transfer-pricing rules for the 2005-2010 period for income generated by its wholly owned foreign subsidies.
Read moreGold, Silver Prices Pulled Down By Strong Greenback
Read moreBitcoin Daily Chart Alert – Prices Hover Near Recent Low – Dec. 14
Read moreGold To Drop Below $1,200 In 2019 – BNP Paribas
(Kitco News) – Rising real interest rates and a stronger U.S. dollar, which have been significant headwinds for gold prices this year, will persist into 2019 and eventually drag the metal below $1,200 an ounce, according to one French Bank.
Read moreGold, Silver Prices See Normal Downside Corrections
Gold prices are modestly lower in early-afternoon U.S. trading Thursday.
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