Kitco Weekly Oulook: Gold Market Is Stuck And Needs A Catalyst
(Kitco News) – Gold is stuck in a rut and with little economic data out next week, the focus is on a potential rise in geopolitical uncertainty to break the market out of its current channel, according to commodity analysts.
Read moreKitco News Gold Survey: Wall St. Sees Higher To Lower Prices; Main St. Bullish
Wall Street can’t decide between higher or neutral, while Main Street remains bullish in Kitco News’ weekly survey on short-term gold prices.
Selling Pressure In Gold, Silver Intensifies As Greenback Rallies, Euro Slumps
Gold and silver prices are trading solidly lower and are at their daily lows in late-morning dealings Friday.
Read moreGold Slips To Daily Lows As U.S. Dollar Index Near Daily High
Gold prices are trading modestly lower in late-morning action Friday.
Read moreGold, Silver Get Only Slight Lift From Downbeat U.S. Jobs Report
Gold and silver prices are trading near steady in early morning dealings Friday, and got just a slight boost from a U.S. jobs report that was deemed a bit downbeat.
Read moreGold Flat On The Day As Labor Market Sees Small Bounce From September Losses
(Kitco News) – Gold prices are relatively flat on the day as the labor market bounced back less than expected in October after seeing a hurricane-related contraction in September.
Read moreCentamin Posts 3Q Profit On Record Production
Centamin Plc. (LSE: CEY, TSX: CEE) reports third-quarter earnings per share of $3.41, up from $1.10 in the second quarter although down from $5.62 in the third quarter of 2016.
Read more2018 Might Be The Perfect Time To Buy Gold – Commonwealth Bank
Next year is looking like a perfect time to get into the gold market, says one commodity strategist, who forecasts lower prices by the end of 2018.
Read moreFirst Majestic Reports 3Q Loss
First Majestic Silver Corp. (NYSE: AG; TSX: FR) late Thursday reported a net loss in the third quarter, with both production and metals prices lower than a year ago.
Read moreMoney Laundering Is Why Banks Stay Away From Bitcoin – Credit Suisse CEO
No matter how high bitcoin prices go or what records they break, banks will still have “no appetite” for the digital currency because of money laundering risks, said Credit Suisse Chief Executive Tidjane Thiam.