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Gold, Silver Pressured By Firmer USDX, Rally In U.S. Stock Market

Gold and silver prices are moderately lower in early-afternoon U.S. trading Tuesday.

Gold To Climb 7% Regardless Of Where Stocks Are Headed – Wells Fargo

Gold is due for a comeback even if the global equities space rallies following a recent correction, according to Wells Fargo, which projects to see the precious metal rise another 7% from current levels.

Silver’s Fundamentals Strong As Electronics Sector Drives Industrial Demand – Heraeus

(Kitco News) – Although silver prices have significantly disappointing expectations this past year, one precious metals specialist said that growing industrial demand will continue to support the market and eventually attract investors.

‘Soggy’ Fundamentals Will Keep A Lid On Gold Prices – Macquarie

(Kitco News) – The gold market could struggle through the rest of the year as there is a lack of fundamental reasons to push prices higher, according to one Australian Bank.

Split Congress Would Be Best Scenario For Markets – Analysts

(Kitco News) – American voters are heading to the polls today to cast their ballot in the much-anticipated midterm elections.

Gold Dips As USDX, U.S. Stock Indexes Recover Early Losses

Gold prices have lost early gains and are trading modestly down in late-morning action Tuesday.

ETF Gold Holdings Rise In Oct. For First Time In Four Months

Gold holdings in global exchange-traded funds and similar products rose in October by 16.5 tonnes for the first monthly inflow in four months, the World Gold Council reported Tuesday.

Commerzbank: Indian Gold Buying Eases; Chinese Demand Strong

Gold Prices Gain As U.S. Dollar Rally Pauses

Gold prices are moderately higher in early U.S. trading Tuesday, supported in part by the U.S. dollar index backing down from the 16-month high scored last week.

Franco-Nevada Reports Third-Quarter Profit

Royalty and streaming company Franco-Nevada (NYSE, TSX: FNV) reports third-quarter adjusted net income of $54.6 million, or 29 cents a share, down from $55.3 million