‘Win-Win Situation’ For Gold Is Forming — ScotiaMocatta
With the U.S. dollar stealing the safe-haven status from gold this summer, a potential “win-win situation” for the precious metal could be just around the corner, according to the ScotiaMocatta bank.
Read moreGold, Silver Prices See Tepid Short Covering On Weaker U.S. Dollar
Gold and silver prices are modestly up in early-afternoon U.S. trading Wednesday.
Read moreU.K. Market Analysts See Value In Gold As A Safe Haven
(Kitco News) – While gold isn’t finding much love from investors, analysts see growing potential for the precious metal as demand for safe-haven assets is expected to rise.
Read moreCME Group: Aug. Metals Volume Rises Slightly From Year Ago
Exchange operator CME Group reports that metals volume averaged 626,000 contracts per day in August, which was up 1% from 622,000 in August 2017.
Read moreBitcoin Daily Chart Alert—Corrective Pullback At Midweek
(Kitco News) – Bitcoin-U.S. dollar prices are lower Wednesday morning, on a corrective pullback from recent gains.
Read moreGold Building A Bottom
Read moreGoldcorp: Projects Advancing ‘On Time And On Budget’
Goldcorp Inc. (TSX: G, NYSE: GG) says it has achieved “significant progress” on key permitting and project milestones that are a part of the company’s five-year 20/20/20 plan to increase gold production and gold reserves by 20% and decrease all-in sustaining costs per ounce by 20%.
Read moreGold, Silver Prices Rebound As U.S. Dollar Index Backs Off
(Kitco News) – Gold and silver prices are trading near unchanged in early U.S. trading Wednesday.
Read moreAsian Portfolio Advisers Recommend 10% Exposure To Gold — INTL FCStone
(Kitco News) – Asian banks and wealth advisers have upped their recommended percentage of gold holdings in a portfolio to 10% from 5%, according to a joint survey conducted by INTL FCStone and Hubbis.
Read more