Global Growth Concerns To Drive Gold Prices Near-Term – Analysts
(Kitco News) – Optimism in the gold market is picking up as prices bounced off critical support to end the week in positive territory.
Read moreWall Street and Main Street are both bullish in the weekly Kitco News gold survey.
Fifteen market professionals took part in the Wall Street survey. Nine respondents, or 60%, predicted higher prices by next Friday. There were three votes, or 20%, for both lower and sideways prices.
Read moreDow Leads as Stocks Rally Out of the Red
The Dow Jones Industrial Average traded higher Friday leading the other major indices from an early morning dip
Read moreGFMS: Global Silver-Market Surplus Increasing In 2018
The surplus in the global silver market will rise to 35.3 million ounces in 2018, an increase from 2.4 million in 2017, the GFMS team at Refinitiv reported late Thursday.
Read moreCommerzbank: Palladium Creeps Closer to Gold Price
Palladium prices hit a record high Thursday and at one point were within $30 an ounce of gold, Commerzbank says, although the spread has since widened again.
Read moreGold Slightly Up As U.S. Stock Market Still Wobbly
Gold prices are slightly higher in early U.S. trading Friday, on some mild support from U.S. stock indexes that are pointed toward lower openings when the New York day session begins.
Read moreBitcoin Daily Chart Alert – Bulls Work To Stop The Bleeding – Nov. 16
Bitcoin-U.S. dollar prices are slightly up early Friday after careening to a new low for the year on Wednesday.
Read moreGold prices hit 1-week high amid Brexit turmoil
Gold prices rose on Friday, having hit a one-week high earlier in the session, as investors sought safe-haven assets amid fears of a chaotic departure for Britain from the European Union.
Read moreSwitzerland Wants More Gold Trade Transparency
The Swiss Federal Council is calling for more transparency when it comes to its future gold imports, citing concerns around environmental and human rights violations.
Read moreEmirate Palace Splashes Out $130K A Year On Its Gold Ceiling
The lavish 5-star luxury hotel Emirates Palace in Abu Dhabi spends $130,000 a year for the upkeep of its bespoke 6,560 square feet ceiling embellished with 22-carat gold and silver leaves.
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