Commerzbank: Gold To Focus On Central Banks, Jobs Data
All eyes in the gold market will be on meetings of the Federal Open Market Committee and other central banks this week, as well as the monthly U.S. jobs report on Friday, says Commerzbank.
Read moreGold And The Three Bears
Read moreGold Traders Await FOMC Meeting
Read moreBears Holding Gold Market In A Tight Grip
(Kitco News) – Gold prices are mildly down in early U.S. trading Monday, while silver prices are slightly higher. Both metals remain firmly in the grasp of the market bears, amid a lack of news that would drive demand toward the safe-haven metals
Read moreAugust’s Gold Market Looks ‘Ready For The Up Cycle’ — Sprott Money
As August doldrums are rolling in, the gold market might surprise investors on the upside, according to Eric Sprott, billionaire precious metals investor and founder of Sprott Inc.
Read moreIs Gold At A Bottom As U.S. Economy Grows 4.1%?
(Kitco News) – While gold continues to hover at the bottom end of its range near its recent 12-month lows, optimism is growing in the marketplace as there are signs that the selling pressure is starting to wane.
Read moreGold Prices Move Above Unchanged, At Daily Highs, As USDX Backs Off
Gold prices have moved to slightly higher levels and are at their daily highs in midday trading Friday.
Read moreWall St., Main St. Both Split On Gold Prices
Wall Street and Main Street alike are nearly evenly split on whether gold prices have bottomed and will rise in the next week, based on the weekly Kitco News gold survey.
Read moreStandard Chartered: Gold To Rise In Autumn After ‘Seasonal Lull’
Standard Chartered says gold may ease some more in the near term during a “seasonal lull” but then rise in September.
Read moreGold Pares Losses After U.S. GDP Misses To Downside
Gold prices are modestly lower in early U.S. trading Friday in the immediate aftermath of a U.S. gross domestic product report that did not meet market expectations.
Read more