Gold Market Shouldn’t Fear Powell Or Taylor-Led Fed
(Kitco News) – Jitters over who will lead the Federal Reserve for the next four years continues to ripple through financial markets, keeping a lid on gold prices, but one analyst warns that this is a distraction for investors.
Read moreTDS: Gold Prices To Remain Stuck In $50 Range
Gold may hold for a while in the roughly $1,260-$1,310 range in place since late September, says TD Securities. Some factors have hurt gold lately, such as reports that Stanford economist John Taylor
Read moreEndeavour Announces Commercial Production At Houndé
Alacer Gold Corp. (TSX: ASR; ASX: AQG), which has an 80% interest in the Çöpler Gold Mine in Turkey, reports a net profit of $29 million
Gold Prices Weaker On Firmer U.S. Dollar, Higher Equities
Gold prices are moderately down in early U.S. trading Tuesday. Squelching the gold and silver buyers on this day are a firmer U.S. dollar index and higher U.S. stock indexes.
Read moreGeopolitical Risks To Persist, But Gold To End 2018 At $1,200 – Capital Economics
Geopolitical tensions will carry over into the next year and help support gold, but that won’t be enough to stop prices from dropping down to $1,200 by the end of 2018, according to Capital Economics.
Gold To Remain ‘Tied’ To The Fed In 2018 – RBC Capital Markets
Gold prices will average at just above $1,300 an ounce in 2018 while continuing to be closely “tied” to the Federal Reserve’s monetary policy, RBC Capital Markets said in a report.
BAML Downgrades Gold Outlook; Prices To Average $1,250 In Q1 2018
(Kitco News) – Higher bond yields and a stronger U.S. dollar will weigh heavily on gold prices in early 2018, according to analysts at Bank of America Merrill Lynch.
Read moreGold Prices Lifted By Weaker U.S. Dollar, Rising Oil Prices
Gold and silver prices ended the U.S. day session firmer Monday, supported by bullish “outside market” forces that saw a weaker U.S. dollar and rising crude oil prices.
Gold Bulls Struggling Against Higher Bond Yields, Stronger U.S. Dollar
(Kitco News) – Hedge funds liquidated their gold holding for the sixth consecutive week as the market continues to face headwinds from a stronger U.S. dollar and higher bond yields.
Read moreGold Moves to Daily Highs On Mild Short Covering Ahead of Busy Data Week
Gold prices are seeing a bit of short covering in the futures market and some bargain hunting in the cash market in mid-morning U.S. dealings Monday.
Read more