Latest News

Canadian Asset Managers Jumping Into Gold At An Astonishing Pace – State Street Global Advisors

(Kitco News) – Major Canadian asset managers are turning to gold at an unprecedented pace as an essential portfolio diversifier and hedge against growing market risk and volatility, according to an executive at State Street Global Advisors.

Gold Weaker As Greenback Pares Losses

Gold prices are modestly lower in early-afternoon U.S. trading Monday.

Gold Slips Below Unchanged As USDX Moves Up From Daily Low

Gold prices have lost modest early gains and are trading just below unchanged in late-morning dealings Monday.

Copper Market Can Withstand Trade Wars Because Of Growing Supply Issues

(Kitco News) – The growing threat of a trade war is not great news for commodity markets as it could reduce global demand as economic growth prospects falter.

Money Managers Increase Bullish Positioning In Gold Futures

Large speculators increased their net bullish positioning in gold futures and moved into a small net-long position for silver during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.

Bitcoin Daily Chart Alert – Bulls Working On Price Recovery – June 4

Bitcoin-U.S. dollar prices are slightly higher in early U.S. trading Monday.

Gold Slightly Up As U.S. Dollar Slips

Gold and silver prices are modestly higher in early U.S. trading Monday.

Commerzbank: Expected Fed Hike To ‘Keep The Gold Price In Check’

Gold To Do Better In June As Dollar Rally Stalls — INTL FCStone

Gold will have a better month in June following a drop below the key psychological level of $1,300 an ounce in May, said INTL FCStone, adding that the U.S. dollar rally will run out of steam.

U.S. Hedge Fund To Kick Off Investor Alliance To Shake Up Gold Sector — Report

In what is being referred to as an “unprecedented” move, a well-known gold bull and the man behind the U.S. hedge fund Paulson & Co, John Paulson, is creating an investor alliance that will work on turning the gold mining sector around, Reuters reported citing sources.