Gold Investors Taking Advantage of 1-Year Lows As Buying Picks Up
(Kitco News) – Gold prices may have further room to fall but it appears that physical sellers are currently exhausted, according to sales data from Kitco Metals.
Read moreFed Chair Powell Is No Fan Of Bitcoin; It’s Good For Money Laundering
(Kitco News) – Momentum in bitcoin is starting to shift as prices have bounced off June’s nearly one-year low; however, despite the positive price action, one person remains a critic of the cryptocurrency: Jerome Powell.
Gold, Silver Hit 12-Mo. Lows Early, But Now Up From Daily Lows
Gold and silver prices are slightly down in early-afternoon trading Wednesday, but up from session lows that saw the metals hit 12-month lows earlier today.
Read more$130 Billion Worth Of Gold Found On Sunken Russian Warship
What’s better than finding the wreckage of a scuttled legendary warship? Finding one filled with $130 billion worth of gold.
Gold To Climb By Year-End, But Expect Fierce Resistance – Capital Economics
The end of 2018 will see gold prices climb slightly higher, but several macroeconomic factors still weigh down on demand for the precious metal, according to a recent research report by Capital Economics.
Read moreMiners Holding Steady In Face Of Lower Gold Prices — McEwen
(Kitco News) – Although gold prices have dropped dramatically in the last three months, one mining chief executive officer said that he sees some underlying strength in the marketplace as shares of gold miners have held relatively steady.
Read moreRBC’s Gero: Gold Pressured By Dollar; ‘Contrarians’ Await ‘Trigger’
Gold prices have hit their lowest level in a year on a strong U.S. dollar, with those wanting to buy on price weakness waiting for some kind of “trigger,” says George Gero, managing director with RBC Wealth Management.
Gold Prices Ignore 12% Meltdown In U.S. Housing Construction
(Kitco News) – Gold prices remain under pressure hovering near a 12-month low Tuesday as the latest U.S. housing construction data weakened more than expected.
Read moreGold, Silver Prices At 12-Mo. Lows On Resurgent U.S. Dollar, Slumping Oil
Gold and silver prices are down and have hit 12-month lows in early U.S. trading Wednesday.
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