Gold Prices Holding Gains Despite 2% Rise In Existing Home Sales
(Kitco News) – Spot gold prices remain at session highs Tuesday following stronger than expected new home sales in the U.S.
Read moreNew U.K. App Allows Consumers To Make Purchases With Gold
(Kitco News) – The remonetization of gold has taken a major step forward as a new fintech start-up now allows people to buy products through a gold-backed credit card.
Read moreGold Price Chart: Market At Daily Highs As U.S. Dollar Index Weakens
Gold and silver markets are trading at their daily highs in mid-morning dealings Tuesday.
Read moreFXTM: Gold Traders To Focus On FOMC Minutes
Wednesday’s release of minutes from the last meeting of the Federal Open Market Committee could be the key for the short-term direction of gold prices
New Gold To Sell Peak Mines For $58 Million
Intermediate producer New Gold Inc. (TSX, NYSE: NGD) has agreed to sell its Peak Mines in Australia to Aurelia Metals Ltd. (ASX: AMI) for $58 million, saying late Monday that the company wants to focus on its other operations.
Read moreGold, Silver See Mild Corrective Bounces
Gold and silver prices are modestly higher in early U.S. trading Tuesday, on tepid technical bounces from the strong selling pressure seen on Monday.
Read moreGold, Silver, Platinum Not To Fly ‘Too Close To The Sun’ In 2018 – TD Securities
After a decent year, the commodity complex is looking at solid gains in 2018, but its rally won’t push prices “too close to the sun” so as to burn out too quickly, according to TD Securities’ outlook for next year.
Two Commodities ‘Benefited The Most’ From Trump’s Presidency – Capital Economics
U.S. President Donald Trump’s real impact on commodities has been limited to boosting gold and oil prices by ramping up geopolitical tensions, according to Capital Economics.
Gold Market Sees Worst Day Two Months
(Kitco News) – The gold market hit a brick wall Monday as strong selling pressure pushed it back into a narrow month-long trading channel.
Read moreYellen To Resign From Fed After Powell Sworn In
(Kitco News) – Federal Reserve Chair Janet Yellen, said Monday that she will resign as a member of the Federal Reserve’s board of governors once her successor Jerome Powell is sworn in as the new central bank leader.