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Silver Prices Have Further Room To Fall – Analysts

(Kitco News) – Silver continues to struggle Wednesday, as the market sees its longest daily losing streak since mid-April, with many analysts eying July’s one-year lows as the next price target.

More Gold To Be Used In New Apple iPhones, Samsung Smartphones – WGC

After years of thrifting, tech hardware companies are taking renewed interest in gold, according to a new report from the World Gold Council (WGC), which sees the sector as a growing source of demand for the yellow metal.

Gold, Silver Dip To Daily Lows As U.S. Dollar Rallies, Crude Oil Sells Off

Gold and silver prices have lost modest early gains and are at their session lows in late-morning action Wednesday.

Gold Stuck In Commodity Bear Super Cycle; Not Ending Soon — Wells Fargo’s LaForge

Gold investors might not see a sustained rally for a long time as the metal is far from being out of the woods and may potentially retest lows of $1,050 an ounce, according to John LaForge, head of real asset strategy for Wells Fargo.

As Copper Hits 2-Month Low, Expert Warns that More Pain ls Ahead

WGC: ETF Gold Holdings Rise By 9.1 Tonnes In November

Gold held by global exchange-traded funds increased their holdings by 9.1 tonnes in November, said the World Gold Council in a monthly report Wednesday.

Commerzbank: Gold Dips Below, Still Hovers Near 200-Day Average

Gold is right around its 200-day moving average after sliding below this during a sell-off on Tuesday, points out Commerzbank.

Newmont Hikes Guidance For 2018 Gold Production

Newmont Mining Corp. (NYSE: NEM) Wednesday increased its guidance for 2018 gold production and lowered its estimate for costs, prompting the company’s chief executive to suggest the dividend may be increased as well.

Gold Futures Up From Recent Four-Month Lows

Gold prices are modestly higher in early U.S. trading Wednesday, lifted in part by less risk appetite in the marketplace at mid-week.

Spot Gold Prices Fall To Session Lows Following 190K Rise In ADP Employment

(Kitco News) – The gold market is seeing renewed selling pressure, falling to session lows after pricate sector employment growth was in line with expectations, according to the latest report from payrolls processor ADP.