Gold, Silver Prices See Corrective Bounces
Gold and silver prices modestly up in early U.S. trading Tuesday, on mild rebounds after gold hit a nearly 1.5-year low and silver a two-year low on Monday.
Read moreBMO: ETF Outflows Occur As Gold Remains Under Pressure
Gold’s break to the downside was signaled on Friday when the euro failed to hold support at the 1.15 euro/dollar level.
Read moreBitcoin Daily Chart Alert – Prices Hit 6-Week Low Tuesday – Aug 14
Read moreGold Is Looking For A Touchdown: Where Is The New Low?
Analysts are puzzled at how stubborn gold prices have been, with the precious metal now touching below the $1,200 an ounce level on Monday. But, there is still hope for gold no matter how low it settles in the near-term, according to one RBC strategist.
Read morePlatinum In Freefall; Will It Last?
Platinum plunged on Monday, falling 3% on the day and hitting the lowest level in ten years.
Read moreGold, Silver Prices Sharply Down Amid Bearish Outside Markets
Gold and silver prices are sharply down and near their daily lows in early-afternoon U.S. trading Monday.
Read moreFunds Add To Record Bearish Positioning In Gold
Fund managers hiked their record bearish positioning in gold futures during the latest reporting week for data compiled by the Commodity Futures Trading Commission.
Read moreGold’s Drop Below $1,200 Triggers Stop-Loss Liquidation – TD Securities
Overnight losses forced TD Securities out of its long gold and silver positions, despite the bank’s outlook that precious metals will recover from the recent slump by the end of the year.
Read moreFirst Majestic Silver Posts Loss In Second Quarter
Read moreGold Hits 1.5-Yr. Low Below $1,200; FX Turmoil No Support
Gold prices are down and hit a nearly 1.5-year low as they fell below key chart support at $1,200.00 in early U.S. trading Monday.
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