Gold, Silver Suffering From Little Risk Aversion
(Kitco News) – Gold and silver prices are modestly lower in early-afternoon U.S. trading Wednesday. Prices have moved off their daily lows, however.
Read moreCitigroup Neutral On Gold-Mining Sector, Lukewarm On Barrick, Goldcorp
(Kitco News) – The gold market is getting a little bit of love from Citigroup but not a lot, as the U.S. bank sees some upside potential but remains neutral on the precious metal and the mining sector.
Read moreGold-Silver-Mining-Daily-News-Briefs
Endeavour Silver Corp. (NYSE: EXK, TSX: EDR) announces a series of measures to reduce capital, operating and other costs after a drop in precious-metals prices, officials say.
Read moreGold Fails At Resistance
Read moreBitcoin Daily Chart Alert—Bulls Have Upside Momentum
(Kitco News) – Bitcoin-U.S. dollar prices are weaker but not far below this week’s three-week high in early U.S. trading Wednesday.
Read moreCommerzbank: Gold ETF Holdings Down 45 Tonnes In August
Holdings of gold by global exchange-traded funds are continuing to decline, reports Commerzbank. The ETFs trade like a stock but track the price of the commodity, with metal put into storage to back the shares.
Read moreGold Prices Remain Down As U.S. GDP Grows 4.2% In Q2
(Kitco News) – The gold market remain under pressure as momentum in the U.S. economy pushed higher in the second quarter.
Read moreGold, Silver Prices Lower On Little Risk Aversion
(Kitco News) – Gold and silver prices are lower in early U.S. trading Wednesday. With little risk aversion among traders and investors at present, the safe-haven metals remain on shaky ground. December gold futures were last down $4.70 an ounce at $1,…
Read moreDollar Has Minor Bounce, Gold Has Minor Reversal
(Kitco News) – Gold failed to push through the $1,212 level yesterday as the dollar regained some strength. Dollar was up .5% and gold down .5%.
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