Hedge Fund Continue To Pile Into Short Gold Positions
(Kitco News) – Another week, another record in speculative short positioning in gold.
Read moreCommerzbank: Gold ETF Outflows Continue At Start Of August
Outflows of gold from exchange-traded-fund vaults have continued in early August, says Commerzbank.
Read moreGold Prices Down, But Potential Bullish Spark Looms
Gold and silver prices are seeing more selling pressure related to a strong U.S. dollar to start the trading week Monday.
Read moreBitcoin Daily Chart Alert – Bears Back In Control – Aug 6
Bitcoin-U.S. dollar prices are lower and hovering near Friday’s three-week low in early U.S. trading Monday.
Will Slow Summer Markets in August be Jolted By Stock Buyback Barrage?
Apple (AAPL) hitting a $1 trillion valuation is old news. The next hot news: the impact of $1 trillion in corporate stock buybacks raining down on the markets.
Read morePerth Mint’s IT Guy Steals $40K Worth Of Gold To ‘Shower’ Fiancée ‘With Gifts’
An IT technician working for the Australian Perth Mint stole AUD$55,000 (USD$41,000) worth of gold coins and bars “to maintain a lifestyle” demanded by his then-fiancee,” according to the defense lawyer on the case.
Be Ready For Gold’s ‘Bullish Wave’ — Analyst
Struggling gold prices will soon see better days, with a bullish wave projected to bring about as high a level as $1,370 this year, according to one analyst.
Read moreRhodium Will Continue To Shine After Recent Production Cuts
(Kitco News) – For most precious metals investors, 2018 has been a frustrating year, especially in the last four months as gold prices have dropped 10%.
Read moreHow Low Can Gold Go? Investors Keeping Eye On $1,200
(Kitco News) -Although negative sentiment in the gold market is at historic highs, analysts suggest that prices could continue to push lower and possibly below $1,200 an ounce in the near term as the market lacks a catalyst to reverse the current trend.
Read moreWall St. Bullish, Main St. Bearish On Gold Prices
Wall Street figures gold prices are due for a bounce while Main Street looks for further weakness, based on the weekly Kitco News gold survey.
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