Are The Gold Bears Getting Tired?
(Kitco News) – According to some analysts, there is further evidence that gold’s selling momentum is running out of steam as the latest trade data from the Commodity Futures Trading Commission showed little change in bearish gold sentiment.
Agnico Eagle Gets License Needed For Construction Of Whale Tale Pit
Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) reports that it has received a Type A water license for the Whale Tail pit at the Amaruq project, which allows for construction to begin.
Read moreGold Prices See Little Reaction To June Retail Sales
(Kitco News) – The gold market is holding its ground near last week’s one-year low following stronger-than-expected retail sales figures last month
Empire State Manufacturing Index Falls To 22.6 In July
Kitco News reports on New York Fed’s Empire State manufacturing survey for July
Gold, Silver Bulls Work To Stabilize Prices
Gold prices are modestly higher and silver prices near steady in early U.S. trading Monday.
Read moreWheaton Acquires Montana Gold, Palladium Stream From Sibanye
Wheaton Precious Metals Corp. (TSX, NYSE: WPM) has entered into an agreement with Sibanye Gold Ltd. (JSE: SGL; NYSE: SBGL) to purchase a stream of gold and palladium from the Stillwater and East Boulder mines in Montana for $500 million, Wheaton annou…
Read moreBitcoin Daily Chart Alert – Corrective Bounce Monday – July 16
Bitcoin-U.S. dollar prices are higher in early U.S. trading Monday, on a corrective rebound from recent selling pressure.
Read moreGold Bottom Is Near, $1,400 Coming In 2019 — ABN Amro
Gold prices are closing in on a bottom, with a significant recovery coming in 2019, said ABN Amro in its monthly commodity update.
Read moreGold Investors Still Have To Fight Against Surging U.S. Dollar
(Kitco News) – The gold market will remain at the mercy of the U.S. dollar, and some analysts warn that the metal’s downtrend in place since April is not expected to change anytime soon.
Wall. St. Sees More Weakness In Gold Price; Main St. Leans Bullish
Wall Street looks for the recent slide in gold prices to continue, while the largest block of Main Street voters is bullish, according to the Kitco News weekly survey.
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