Kitco News Gold Survey: Wall Street Flips To Bearish Outlook
Wall Street has turned bearish on gold for the first time since the end of October, while the largest bloc of Main Street voters remains bullish, according to the weekly Kitco News gold survey.
Read moreU.S. Mint Nov. Sales Of Gold, Silver Coins ‘Very Weak’
U.S. Mint sales of American Eagle gold and silver bullion coins remained soft in November, with interest dulled by soaring equities, although those who do buy coins can now benefit from low premiums, traders and analysts said.
Read moreGold Prices Up Slight Following Slightly Weak ISM Manufacturing Print
(Kitco News) – Gold remains quiet Friday morning, seeing modestly higher prices following slightly weaker-than-expected U.S. manufacturing Data.
Read moreCME Group To Launch Bitcoin Futures Dec. 18
(Kitco News) – It is official — Bitcoin has entered the mainstream as Chicago Mercantile Exchange Group (CME) has self-certified a cash-settled futures contract based on the digital currency.
Read moreBitcoin Daily Chart Alert – Friday A Very Important Trading Day – Dec.1
The daily bar chart for Bitcoin-U.S. Dollar shows prices remain in a steep uptrend and on Friday morning were working on producing a technically bullish weekly high close.
Read moreGold Prices Firmer; U.S. Senate Tax Reform Vote Awaited
Gold prices are slightly higher in early U.S. trading Friday, on a tepid bounce from selling pressure seen earlier this week.
Read morePrice Group’s Flynn: Gold Could Bounce If Tax Cuts Hit Snag
Gold could draw some support in the near term since the stock market has already to a degree factored in potential U.S. tax cuts
Read moreBitcoin Bubble Is Bigger Than That Of Nasdaq In Late 1990s
Bitcoin’s fast rise to fame could be coming to an end soon, according to Birinyi Associates, which says that the cryptocurrency’s bubble could be bigger than that of Nasdaq in the late 1990s.
Higher Gold Prices To Boost Global Production – BMI
Global gold production will expand in the next eight years, led by higher gold prices and new projects, BMI Research said in a report.
Read moreGold, Silver Prices Punished By Powerful U.S. Stock Market Rally
A strong rally in the U.S. stock market that propelled the stock indexes to record highs Thursday pushed gold and silver prices lower.
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