Gold Is Regaining Its Portfolio Hedge Status – BAML
Interest in gold as a portfolio hedge is coming back this fall, with Bank of America Merrill Lynch (BAML) strategists projecting to see another short-covering rally in the near future.
Read moreForget Bars And Coins; Digital Gold Will Revolutionize Marketplace – Sprott CEO
(Kitco News) – Although gold is one of the top traded assets in the world when compared to other markets like U.S. bonds or foreign exchange, it is hugely inefficient, but one fund manager thinks this is going to change.
Read moreGold Prices Pressured By Higher USDX, Better Risk Appetite
Gold prices are moderately lower in early-afternoon U.S. trading Monday, pressured by a return of trader and investor risk appetite to the world marketplace to start the trading week—despite some potentially disruptive elements that still loom over the stock and financial markets.
Sotheby’s First Ever Gold Auction Collects $4 Million
Sotheby’s gold auction that featured a gold Ferrari and a gold Kate Moss sculpture among other items collected a total of $3.9 million in sales.
Gold Prices Trading Near Daily Lows In Late-Morning Action
(Kitco News) – Gold prices are holding moderate losses and have slightly extended overnight declines, as midday approaches.
Read moreMoney Managers Slash Bearish Positioning In Gold
Large speculators cut their net-bearish positioning by more than half during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.
Read moreBitcoin Daily Chart Alert – Volatility Collapse Points To Bigger Move Soon – Oct. 22
Bitcoin-U.S. dollar prices are again near steady in early U.S. trading Monday.
Read moreMKS: Gold Support Around $1,210-$1,220 Should Restrict Declines
Spot gold remains above chart support that starts around $1,220 an ounce, says MKS (Switzerland) S.A.
Read moreGold Prices Weaker As Risk Appetite Picks Up
Gold prices are modestly down in early U.S. trading Monday, pressured a bit by a return of trader and investor risk appetite to the world marketplace—despite potentially disruptive elements that still loom over the stock and financial markets.
The Mining Sector Needs A Major Discovery To Get Investors Excited – QMEA
(Kitco News) – The mining sector is seeing some renewed excitement as gold prices post their third week of gains, but one mining executive said that the sector still needs more to attract fresh investment capital.
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